Massivit 3D Printing Technologies (XTAE:MSVT) Days Payable : 139.75 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Massivit 3D Printing Technologies Days Payable?

Massivit 3D Printing Technologies's average Accounts Payable for the six months ended in Dec. 2023 was ₪9.04 Mil. Massivit 3D Printing Technologies's Cost of Goods Sold for the six months ended in Dec. 2023 was ₪11.80 Mil. Hence, Massivit 3D Printing Technologies's Days Payable for the six months ended in Dec. 2023 was 139.75.

The historical rank and industry rank for Massivit 3D Printing Technologies's Days Payable or its related term are showing as below:

XTAE:MSVT' s Days Payable Range Over the Past 10 Years
Min: 123.97 Med: 167.52 Max: 205.43
Current: 128.37

During the past 4 years, Massivit 3D Printing Technologies's highest Days Payable was 205.43. The lowest was 123.97. And the median was 167.52.

XTAE:MSVT's Days Payable is ranked better than
80.17% of 2421 companies
in the Hardware industry
Industry Median: 67.77 vs XTAE:MSVT: 128.37

Massivit 3D Printing Technologies's Days Payable increased from Dec. 2022 (126.39) to Dec. 2023 (139.75). It may suggest that Massivit 3D Printing Technologies delayed paying its suppliers.

Massivit 3D Printing Technologies Days Payable Historical Data

The historical data trend for Massivit 3D Printing Technologies'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.

Massivit 3D Printing Technologies Days Payable Chart

Massivit 3D Printing Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

205.41

172.69

162.35

123.98

Massivit 3D Printing Technologies Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			128.68	240.09	126.39	122.43	139.75

Competitive Comparison of Massivit 3D Printing Technologies's Days Payable

For the Computer Hardware subindustry, Massivit 3D Printing Technologies'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.

Massivit 3D Printing Technologies's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Massivit 3D Printing Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Massivit 3D Printing Technologies's Days Payable falls into.

Massivit 3D Printing Technologies 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.

Massivit 3D Printing Technologies'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
=	( (8.414	+	8.638)	/	2 )	/	25.101	*	365
=	8.526					/	25.101	*	365
=	123.98

Massivit 3D Printing Technologies'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (9.434	+	8.638)	/	2 )	/	11.8	*	365 / 2
=	9.036					/	11.8	*	365 / 2
=	139.75

Massivit 3D Printing Technologies Days Payable Related Terms

Thank you for viewing the detailed overview of Massivit 3D Printing Technologies's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Massivit 3D Printing Technologies (XTAE:MSVT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Massivit 3D Printing Technologies Ltd (XTAE:MSVT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Pesakh Lev Street, Lod, ISR, 712936

Website

https://www.massivit3d.com

Massivit 3D Printing Technologies Ltd is engaged in providing 3D printing solutions for the Engineering, Visual Communications, Entertainment, Academia, Interior Design, and Architectural markets.

Massivit 3D Printing Technologies (XTAE:MSVT) Headlines

No Headlines