Redwire (Redwire) Days Payable : 28.33 (As of Dec. 2023)

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What is Redwire Days Payable?

Redwire's average Accounts Payable for the three months ended in Dec. 2023 was $16.4 Mil. Redwire's Cost of Goods Sold for the three months ended in Dec. 2023 was $52.8 Mil. Hence, Redwire's Days Payable for the three months ended in Dec. 2023 was 28.33.

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

RDW' s Days Payable Range Over the Past 10 Years
Min: 31.94 Med: 35.51 Max: 42.51
Current: 31.94

During the past 4 years, Redwire's highest Days Payable was 42.51. The lowest was 31.94. And the median was 35.51.

RDW's Days Payable is ranked worse than
87.21% of 297 companies
in the Aerospace & Defense industry
Industry Median: 77.75 vs RDW: 31.94

Redwire's Days Payable declined from Dec. 2022 (35.58) to Dec. 2023 (28.33). It may suggest that Redwire accelerated paying its suppliers.

Redwire Days Payable Historical Data

The historical data trend for Redwire'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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Redwire Days Payable Chart

Redwire Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

34.21

42.51

35.51

Redwire Quarterly Data
	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial								35.58	33.28	31.96	31.16	28.33

Competitive Comparison of Redwire's Days Payable

For the Aerospace & Defense subindustry, Redwire'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.

Redwire's Days Payable Distribution in the Aerospace & Defense Industry

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

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

Redwire 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.

Redwire'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
=	( (17.584	+	18.573)	/	2 )	/	185.831	*	365
=	18.0785					/	185.831	*	365
=	35.51

Redwire'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
=	( (14.185	+	18.573)	/	2 )	/	52.754	*	365 / 4
=	16.379					/	52.754	*	365 / 4
=	28.33

Redwire Days Payable Related Terms

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

Redwire (Redwire) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Redwire Corp (NYSE:RDW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8226 Philips Highway, Suite 101, Jacksonville, FL, USA, 32256

Website

https://www.redwirespace.com

Redwire Corp is engaged in mission-critical space solutions and reliable components for the next generation space economy, with IP for solar power generation and in-space 3D printing and manufacturing. It assists its customers in solving the complex challenges of future space missions. Its operating units are organized into broad business areas focusing on space commercialization, digitally engineered spacecraft, on-orbit servicing, assembly, and manufacturing, advanced sensors and components, and space domain awareness and resiliency.

Executives

Chris Edmunds	officer: Chief Accounting Officer	C/O REDWIRE CORPORATION, 8226 PHILIPS HIGHWAY, SUITE 101, JACKSONVILLE FL 32256
Jonathan Baliff	director, officer: President and CFO	211 CARNEGIE CENTER, PRINCETON NJ 08540
Ae Industrial Partners Fund Ii Gp, Lp	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
M. David Kornblatt	director	1214 ROUND HILL ROAD, BRYN MAWR PA 19010
Leslie B Daniels	director	540 MADISON, 22ND FLOOR, NEW YORK NY 10022
John S Bolton	director	GENESIS PARK HOLDINGS, 2000 EDWARDS STREET, SUITE B, HOUSTON TX 77007
Michael J Bevacqua	director	SANKATY ADVISORS, LLC, JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Credit Member, Llc	10 percent owner	200 CLARENDON STREET, BOSTON MA 02116
Bcc Redwire Aggregator, L.p.	10 percent owner	200 CLARENDON STREET, BOSTON MA 02116
Ae Industrial Partners Structured Solutions I Gp, Lp	director, 10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Ae Industrial Partners Structured Solutions I, Lp	director, 10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Michael Robert Greene	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Ae Red Holdings, Llc	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Andrew Rush	officer: President and COO	REDWIRE CORPORATION, 8226 PHILIPS HIGHWAY, SUITE 101, JACKSONVILLE FL 32256
Aeroequity Gp, Llc	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431