Daktronics (Daktronics) Days Payable

: 36.59 (As of Jan. 2024)

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Daktronics's average Accounts Payable for the three months ended in Jan. 2024 was $51.6 Mil. Daktronics's Cost of Goods Sold for the three months ended in Jan. 2024 was $128.6 Mil. Hence, Daktronics's Days Payable for the three months ended in Jan. 2024 was 36.59.

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

DAKT' s Days Payable Range Over the Past 10 Years
Min: 35.98 Med: 39 Max: 44.48
Current: 37.39

During the past 13 years, Daktronics's highest Days Payable was 44.48. The lowest was 35.98. And the median was 39.00.

DAKT's Days Payable is ranked worse than
81.26% of 2417 companies
in the Hardware industry
Industry Median: 68 vs DAKT: 37.39

Daktronics's Days Payable declined from Jan. 2023 (50.09) to Jan. 2024 (36.59). It may suggest that Daktronics accelerated paying its suppliers.

Daktronics Days Payable Historical Data

The historical data trend for Daktronics'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.

* Premium members only.

Daktronics Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

38.92

35.98

44.48

43.04

43.54

Daktronics Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable																50.09	39.95	36.74	36.49	36.59

Competitive Comparison

For the Electronic Components subindustry, Daktronics'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.

Daktronics Days Payable Distribution

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

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

Daktronics 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.

Daktronics's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (76.313	+	67.522)	/	2 )	/	602.841	*	365
=	71.9175					/	602.841	*	365
=	43.54

Daktronics's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (53.645	+	49.489)	/	2 )	/	128.585	*	365 / 4
=	51.567					/	128.585	*	365 / 4
=	36.59

Daktronics Days Payable Related Terms

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Daktronics (Daktronics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Daktronics Inc (NAS:DAKT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DA3:Germany DA3:Germany

Address

201 Daktronics Drive, Brookings, SD, USA, 57006

Website

https://www.daktronics.com

Daktronics Inc designs and manufactures electronic scoreboards, programmable display systems, and large screen video displays for sporting, commercial and transportation applications. It is engaged in a full range of activities: marketing and sales, engineering and product design and development, manufacturing, technical contracting, professional services, and customer service and support. The company offers a complete line of products, from small scoreboards and electronic displays to large multimillion-dollar video display systems as well as related control, timing, and sound systems. The company has five reportable segments such as Commercial, Live Events, High School Park and Recreation, Transportation, and International. The company makes majority of its revenue from Live events.

Executives

Bradley T Wiemann	other: VP, Commercial & Trans Mkts	225 TRAIL RIDGE RD, BROOKINGS SD 57006
Matthew John Kurtenbach	other: VP of Manufacturing	1016 CHRISTINE AVE, BROOKINGS SD 57006
Howard I Atkins	director	OCCIDENTAL PETROLEUM CORPORATION, 5 GREENWAY PLAZA, STE 110, HOUSTON TX 77046
Andrew David Siegel	director	1350 E FLAMINGO RD, #253, LAS VEGAS NV 89119
Shereta Diana Williams	director	1124 KNOTT ST SE, ATLANTA GA 30316-3124
Lance Dean Bultena	director	2620 N. UNDERWOOD STREET, ARLINGTON VA 22213
Reece A Kurtenbach	other: Vice President, Video Systems	201 DAKTRONICS DR., BROOKINGS SD 57006-5128
Sheila Mae Anderson	officer: CFO & Treasurer	3310 WALNUT LN, BROOKINGS SD 57006
Jose-marie Griffiths	director	1022 NE 9TH ST, MADISON SD 57042
Carla S Gatzke	officer: Secretary
John L Mulligan	director	2417 EAST SOLANO DR, PHOENIX AZ 85016
Nancy D Frame	director	P O BOX PCS 116, PARIS I0 09777
Byron J Anderson	director	395 PAGE MILL RD, MS A3 18, PALO ALTO CA 94306
James B Morgan	director, officer: CEO & President	2834 WESTERN AVE S, BROOKINGS SD 57006
Kevin Patrick Mcdermott	director	436 ROYAL OAKS DRIVE, NASHVILLE TN 37205