Gilattellite Networks (Gilattellite Networks) Days Payable : 27.12 (As of Dec. 2023)

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What is Gilattellite Networks Days Payable?

Gilattellite Networks's average Accounts Payable for the three months ended in Dec. 2023 was $13.9 Mil. Gilattellite Networks's Cost of Goods Sold for the three months ended in Dec. 2023 was $46.7 Mil. Hence, Gilattellite Networks's Days Payable for the three months ended in Dec. 2023 was 27.12.

The historical rank and industry rank for Gilattellite Networks's Days Payable or its related term are showing as below:

GILT' s Days Payable Range Over the Past 10 Years
Min: 38.87 Med: 51.25 Max: 61.79
Current: 38.87

During the past 13 years, Gilattellite Networks's highest Days Payable was 61.79. The lowest was 38.87. And the median was 51.25.

GILT's Days Payable is ranked worse than
79.58% of 2419 companies
in the Hardware industry
Industry Median: 67.83 vs GILT: 38.87

Gilattellite Networks's Days Payable declined from Dec. 2022 (46.27) to Dec. 2023 (27.12). It may suggest that Gilattellite Networks accelerated paying its suppliers.

Gilattellite Networks Days Payable Historical Data

The historical data trend for Gilattellite Networks's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Gilattellite Networks Days Payable Chart

Gilattellite Networks Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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51.37

60.29

51.13

48.26

39.12

Gilattellite Networks Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															46.27	57.76	40.56	34.16	27.12

Competitive Comparison of Gilattellite Networks's Days Payable

For the Communication Equipment subindustry, Gilattellite Networks's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gilattellite Networks's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Gilattellite Networks's Days Payable distribution charts can be found below:

* The bar in red indicates where Gilattellite Networks's Days Payable falls into.

Gilattellite Networks Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Gilattellite Networks's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (20.668	+	13.873)	/	2 )	/	161.145	*	365
=	17.2705					/	161.145	*	365
=	39.12

Gilattellite Networks's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (13.884	+	13.873)	/	2 )	/	46.692	*	365 / 4
=	13.8785					/	46.692	*	365 / 4
=	27.12

Gilattellite Networks Days Payable Related Terms

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Gilattellite Networks (Gilattellite Networks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Gilat Satellite Networks Ltd (NAS:GILT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GILT:Israel GSA:Germany

Address

21 Yegia Kapayim Street, Gilat House, Kiryat Arye, Petah Tikva, ISR, 4913020

Website

https://www.gilat.com

Gilat Satellite Networks Ltd is a provider of satellite-based broadband communications. The company designs and manufactures ground-based satellite communications equipment and provides comprehensive solutions and end-to-end services. Its portfolio includes a cloud-based satellite network platform, very small aperture terminals (VSATs), amplifiers, high-speed modems, on-the-move antennas and high-power solid-state power amplifiers (SSPAs), block up converters (BUCs) and Trancievers. The company's solutions support multiple applications with a full portfolio of products to address key applications including broadband access, cellular backhaul, enterprise, in-flight connectivity, maritime, trains, defense and public safety.