Materion (Materion) Days Payable : 29.24 (As of Dec. 2023)

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What is Materion Days Payable?

Materion's average Accounts Payable for the three months ended in Dec. 2023 was $109 Mil. Materion's Cost of Goods Sold for the three months ended in Dec. 2023 was $341 Mil. Hence, Materion's Days Payable for the three months ended in Dec. 2023 was 29.24.

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

MTRN' s Days Payable Range Over the Past 10 Years
Min: 14.42 Med: 18.35 Max: 32.39
Current: 32.02

During the past 13 years, Materion's highest Days Payable was 32.39. The lowest was 14.42. And the median was 18.35.

MTRN's Days Payable is ranked worse than
83.57% of 1065 companies
in the Metals & Mining industry
Industry Median: 128.84 vs MTRN: 32.02

Materion's Days Payable increased from Dec. 2022 (27.74) to Dec. 2023 (29.24). It may suggest that Materion delayed paying its suppliers.

Materion Days Payable Historical Data

The historical data trend for Materion'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.

Materion Days Payable Chart

Materion Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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18.36

18.34

21.11

25.07

32.39

Materion 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															27.74	30.50	36.96	31.51	29.24

Competitive Comparison of Materion's Days Payable

For the Other Industrial Metals & Mining subindustry, Materion'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.

Materion's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Materion's Days Payable distribution charts can be found below:

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

Materion 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.

Materion'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
=	( (107.899	+	125.663)	/	2 )	/	1316.145	*	365
=	116.781					/	1316.145	*	365
=	32.39

Materion'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
=	( (93.096	+	125.663)	/	2 )	/	341.328	*	365 / 4
=	109.3795					/	341.328	*	365 / 4
=	29.24

Materion Days Payable Related Terms

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Materion (Materion) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Materion Corp (NYSE:MTRN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BEM:Germany

Address

6070 Parkland Boulevard, Mayfield Heights, OH, USA, 44124

Website

https://www.materion.com

Materion Corp is a producer of engineered materials based in the United States. The company produces materials used in electrical, electronic, thermal, and structural applications. The company operates in four reportable segments: Performance Materials, Electronic Materials, Precision Optics, and Other. The majority of revenue is derived from Electronic Materials.

Executives

Gregory R. Chemnitz	officer: Vice President General Counsel	6070 PARKLAND BLVD., MAYFIELD HTS. OH 44124
Emily M Liggett	director
John M Zaranec	officer: Chief Accounting Officer	6070 PARKLAND BLVD, MAYFIELD HTS OH 44124
Craig S Shular	director	C/O GRAFTECH INTERNATIONAL LTD, 12900 SNOW ROAD, PARMA OH 44130
Shelly Marie Chadwick	officer: Vice President, Finance & CFO	6070 PARKLAND BLVD, MAYFIELD HTS. OH 44124
Vinod M Khilnani	director	905 WEST BLVD NORTH, ELKHART IN 46514
Patrick M. Prevost	director	C/O SOUTHWESTERN ENERGY COMPANY, 10000 ENERGY DRIVE, SPRING TX 77389-4954
Joseph P Kelley	officer: Vice President, Finance & CFO	6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Robert J Phillippy	director
Joseph P Keithley	director	NORDSON CORP, 28601 CLEMENS RD, WESTLAKE OH 44145
Richard J Hipple	officer: President of Alloy Products	10035 HUNTING DRIVE, BRECKSVILLE OH 44141
N Mohan Reddy	director	MATERION CORPORATION, 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Jugal K. Vijayvargiya	officer: President and CEO	C/O DELPHI AUTOMOTIVE, 5725 DELPHI DRIVE, TROY MI 48098
John D Grampa	officer: VP Finance, CFO	MATERION CORPORATION, 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
William B Lawrence	director	7875 OLD MILL RD, GATES MILLS OH 44040