MTS Systems (MTS Systems) Days Payable : 40.86 (As of Dec. 2020)

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What is MTS Systems Days Payable?

MTS Systems's average Accounts Payable for the three months ended in Dec. 2020 was $55.7 Mil. MTS Systems's Cost of Goods Sold for the three months ended in Dec. 2020 was $124.4 Mil. Hence, MTS Systems's Days Payable for the three months ended in Dec. 2020 was 40.86.

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

MTSC' s Days Payable Range Over the Past 10 Years
Min: 29.81 Med: 34.73 Max: 36.78
Current: 36.78

During the past 13 years, MTS Systems's highest Days Payable was 36.78. The lowest was 29.81. And the median was 34.73.

MTSC's Days Payable is not ranked
in the Hardware industry.
Industry Median: 67.83 vs MTSC: 36.78

MTS Systems's Days Payable increased from Dec. 2019 (32.82) to Dec. 2020 (40.86). It may suggest that MTS Systems delayed paying its suppliers.

MTS Systems Days Payable Historical Data

The historical data trend for MTS Systems'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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MTS Systems Days Payable Chart

MTS Systems Annual Data

Trend

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Days Payable

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34.59

35.28

36.85

30.68

33.25

MTS Systems Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Days Payable	Get a 7-Day Free Trial															32.82	34.24	38.65	33.63	40.86

Competitive Comparison of MTS Systems's Days Payable

For the Scientific & Technical Instruments subindustry, MTS Systems'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.

MTS Systems's Days Payable Distribution in the Hardware Industry

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

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

MTS Systems 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.

MTS Systems's Days Payable for the fiscal year that ended in Sep. 2020 is calculated as

	Days Payable (A: Sep. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2019 )	+	Accounts Payable (A: Sep. 2020 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2020 )	*	Days in Period
=	( (46.849	+	51.562)	/	2 )	/	540.198	*	365
=	49.2055					/	540.198	*	365
=	33.25

MTS Systems's Days Payable for the quarter that ended in Dec. 2020 is calculated as:

	Days Payable (Q: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2020 )	+	Accounts Payable (Q: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2020 )	*	Days in Period
=	( (51.562	+	59.841)	/	2 )	/	124.389	*	365 / 4
=	55.7015					/	124.389	*	365 / 4
=	40.86

MTS Systems Days Payable Related Terms

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MTS Systems (MTS Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MTS Systems Corp (NAS:MTSC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

14000 Technology Drive, Eden Prairie, MN, USA, 55344

Website

http://www.mts.com

MTS Systems Corp is a supplier of test systems and position sensors. Its operations are organized and managed in two business segments; the Test and Simulation segment and the Sensors segment. Test and Simulation segment (Test) provides testing solutions including hardware, software, and services which are used by customers in product development to characterize the product's mechanical properties. Sensors segment (Sensors) is an in sensing technologies and solutions used by design engineers and predictive maintenance professionals, serving customers with a focus on total customer satisfaction, and offering regional support to provide and reliable sensing solutions.

Executives

Randy J Martinez	director, Interim CEO	HLH BUILDING, 101 WORLD DRIVE, PEACHTREE CITY GA 30269
Todd Klemmensen	officer: SVP, GC and Corp. Sec.	14000 TECHNOLOGY DRIVE EDEN PRAIRIE MN 55344-2290
Steven B Harrison	officer: EVP & Pres. Test & Simulation	14000 TECHNOLOGY DRIVE EDEN PRAIRIE MN 55344
Brian T Ross	officer: EVP & CFO	14000 TECHNOLOGY DRIVE EDEN PRAIRIE MN 55344
Jeffrey A Graves	director, officer: President and CEO	C/O C&D TECHNOLOGIES, INC., 1400 UNION MEETING RD, BLUE BELL PA 19422
David Hore	officer: EVP & Pres. Sensors	14000 TECHNOLOGY DRIVE EDEN PRAIRIE MN 55344
David J Anderson	director	402 FARRINGTON DRIVE, LINCOLNSHIRE IL 60069
Linda Zukauckas	director	200 VESEY STREET, NEW YORK NY 10285
Chun Hung Yu	director	14000 TECHNOLOGY DR EDEN PRAIRIE MN 55344
David D Johnson	director	C/O MOLEX, INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60532
Nancy A. Altobello	director	520 MADISON AVENUE, NEW YORK NY 10022
Michael V Schrock	director	5500 WAYZATA BLVD., SUITE 800, GOLDEN VALLEY MN 55416
William C Becker	officer: SVP Test & Simulation Comm Ops	14000 TECHNOLOGY DRIVE EDEN PRAIRIE MN 55344
Gail P Steinel	director	909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Maximiliane C Straub	director	14000 TECHNOLOGY DRIVE, EDEN PRAIRIE MN 55344