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3D Systems (3D Systems) Days Payable

: 63.85 (As of Dec. 2023)
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3D Systems's average Accounts Payable for the three months ended in Dec. 2023 was $47.9 Mil. 3D Systems's Cost of Goods Sold for the three months ended in Dec. 2023 was $68.5 Mil. Hence, 3D Systems's Days Payable for the three months ended in Dec. 2023 was 63.85.

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

DDD' s Days Payable Range Over the Past 10 Years
Min: 49.34   Med: 57.01   Max: 65.65
Current: 65.65

During the past 13 years, 3D Systems's highest Days Payable was 65.65. The lowest was 49.34. And the median was 57.01.

DDD's Days Payable is ranked worse than
52.77% of 2420 companies
in the Hardware industry
Industry Median: 67.955 vs DDD: 65.65

3D Systems's Days Payable increased from Dec. 2022 (62.65) to Dec. 2023 (63.85). It may suggest that 3D Systems delayed paying its suppliers.


3D Systems Days Payable Historical Data

The historical data trend for 3D 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.

* Premium members only.

3D Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.79 51.94 53.18 62.67 65.35

3D Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 62.65 64.77 64.45 70.08 63.85

Competitive Comparison

For the Computer Hardware subindustry, 3D 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.


3D Systems Days Payable Distribution

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

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



3D 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.

3D Systems'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
=( (53.826 + 49.757) / 2 ) / 289.257*365
=51.7915 / 289.257*365
=65.35

3D Systems'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
=( (46.108 + 49.757) / 2 ) / 68.5*365 / 4
=47.9325 / 68.5*365 / 4
=63.85

* 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.


3D Systems Days Payable Related Terms

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3D Systems (3D Systems) Business Description

Address
333 Three D Systems Circle, Rock Hill, SC, USA, 29730
3D Systems Corp provides comprehensive 3D printing and digital manufacturing solutions, including 3D printers for plastics and metals, materials, software, on-demand manufacturing services, and digital design tools. The company's segments include Healthcare Solutions and Industrial Solutions. It generates maximum revenue from the Industrial segment. It conducts business through various offices and facilities located throughout the Americas, EMEA, and APAC; generating a vast majority of revenues from the Americas.
Executives
Thomas W Erickson director OMEGA HEALTHCARE INVESTORS INC, 900 VICTORS WAY STE. 350, AMM ARBER MI 48108
Margaret E Wicklund officer: Chief Accounting Officer 13515 BALLANTYNE CORPORATE PL, CHARLOTTE NC 28277
Reji Puthenveetil officer: EVP, Industrial Solutions 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Malissia Clinton director 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Joseph R. Zuiker officer: EVP, Engineering & Operations 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Andrew Martin Johnson officer: VP, General Counsel & Secretar 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Jeffrey A Graves officer: President and CEO C/O C&D TECHNOLOGIES, INC., 1400 UNION MEETING RD, BLUE BELL PA 19422
Michael Lynn Turner officer: EVP & Chief Financial Officer 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Charles W Hull director, officer: Exec. V.P./Chief Tech. Off. 3D SYSTEMS CORPORATION, 333 THREE D SYSTEMS CORPORATION, ROCK HILL SC 29730
Jim D Kever director C/O 3D SYSTEMS, 26081 AVENUE HALL, VALENCIA CA 91355
Jagtar Narula officer: EVP & Chief Financial Officer 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Claudia Drayton director 12988 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344
Phyllis B Nordstrom officer: EVP & CHRO 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
David K Leigh officer: EVP & CTO (Additive Mfg) 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Michael S Crimmins officer: SVP, Chief Accounting Officer 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007