Mercury Systems (Mercury Systems) Days Payable

: 50.56 (As of Dec. 2023)

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Mercury Systems's average Accounts Payable for the three months ended in Dec. 2023 was $91.9 Mil. Mercury Systems's Cost of Goods Sold for the three months ended in Dec. 2023 was $165.9 Mil. Hence, Mercury Systems's Days Payable for the three months ended in Dec. 2023 was 50.56.

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

MRCY' s Days Payable Range Over the Past 10 Years
Min: 18.94 Med: 33.45 Max: 56.28
Current: 54.17

During the past 13 years, Mercury Systems's highest Days Payable was 56.28. The lowest was 18.94. And the median was 33.45.

MRCY's Days Payable is ranked worse than
61.28% of 297 companies
in the Aerospace & Defense industry
Industry Median: 77.35 vs MRCY: 54.17

Mercury Systems's Days Payable declined from Dec. 2022 (59.51) to Dec. 2023 (50.56). It may suggest that Mercury Systems accelerated paying its suppliers.

Mercury Systems Days Payable Historical Data

The historical data trend for Mercury 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.

Mercury Systems Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

29.88

33.58

30.43

45.11

56.28

Mercury 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																59.51	52.28	52.84	69.88	50.56

Competitive Comparison

For the Aerospace & Defense subindustry, Mercury 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.

Mercury Systems Days Payable Distribution

For the Aerospace & Defense industry and Industrials sector, Mercury Systems's Days Payable distribution charts can be found below:

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

Mercury 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.

Mercury Systems's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (98.673	+	103.986)	/	2 )	/	657.154	*	365
=	101.3295					/	657.154	*	365
=	56.28

Mercury 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
=	( (95.825	+	88.06)	/	2 )	/	165.943	*	365 / 4
=	91.9425					/	165.943	*	365 / 4
=	50.56

Mercury Systems Days Payable Related Terms

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Mercury Systems (Mercury Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Mercury Systems Inc (NAS:MRCY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MCY:Germany

Address

50 Minuteman Road, Andover, MA, USA, 01810

Website

https://www.mrcy.com

Mercury Systems Inc is a commercial technology company serving the aerospace and defense industry. The company envisions, creates and delivers secure open architecture solutions powering a broad range of mission-critical applications in the challenging and demanding environments. Inspired by its purpose of delivering Innovation that Matters, By and For People Who Matter, Mercury helps make the world a safer, more secure place for all.

Executives

Michelle M Mccarthy	officer: SVP, CAO	50 MINUTEMAN ROAD, ANDOVER MA 01810
Wells Charles Roger Iv	officer: EVP President Microelectronics	5255 GROVEMONT DRIVE, ELKRIDGE MD 21075
Orlando D Carvalho	director	6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Debora A Plunkett	director	6501 LEGACY DRIVE, PLANO TX 75024
Barry R Nearhos	director	C/O VIRTUSA CORPORATION, 200 WEST PARK DRIVE, WESTBOROUGH MA 01581
Lisa S Disbrow	director	50 MINUTEMAN ROAD, ANDOVER MA 01810
Allen Couture	officer: EVP, Execution Excellence	C/O MERCURY SYSTEMS, INC., 50 MINUTEMAN ROAD, ANDOVER MA 01810
James Mitch Stevison	officer: EVP, President Mission Systems	103 SANSBERRY LANE, MADISON AL 35376
Steven Ratner	officer: EVP, CHRO	C/O MERCURY SYSTEMS, INC., 50 MINUTEMAN ROAD, ANDOVER MA 01810
Stephanie Georges	officer: EVP, CCO	1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Christopher C Cambria	officer: EVP, Gen Counsel & Secretary	C/O GENCORP INC., P.O. BOX 537012, SACRAMENTO CA 95853-7012
Jana Partners Llc	director, other: See Remarks	767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153
Howard L Lance	director	C/O SUMMIT MATERIALS, INC., 1550 WYNKOOP STREET, 3RD FLOOR, DENVER CO 80202
William L Ballhaus	director, officer: President & CEO	3190 FAIRVIEW PARK DRIVE, SUITE 700, FALLS CHURCH VA 22042
Roger A Krone	director