CirTran (CirTran) Days Payable : 954.91 (As of Dec. 2023)

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What is CirTran Days Payable?

CirTran's average Accounts Payable for the three months ended in Dec. 2023 was $1.49 Mil. CirTran's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.14 Mil. Hence, CirTran's Days Payable for the three months ended in Dec. 2023 was 954.91.

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

CIRX' s Days Payable Range Over the Past 10 Years
Min: 414.7 Med: 882.58 Max: 1617.61
Current: 1134.37

During the past 13 years, CirTran's highest Days Payable was 1617.61. The lowest was 414.70. And the median was 882.58.

CIRX's Days Payable is ranked better than
98.08% of 469 companies
in the Conglomerates industry
Industry Median: 58.24 vs CIRX: 1134.37

CirTran's Days Payable declined from Dec. 2022 (1,715.26) to Dec. 2023 (954.91). It may suggest that CirTran accelerated paying its suppliers.

CirTran Days Payable Historical Data

The historical data trend for CirTran'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.

CirTran Days Payable Chart

CirTran Annual Data

Trend

Dec11

Dec12

Dec13

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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705.79

583.14

1,113.88

882.58

CirTran Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															1,715.26	2,353.18	706.85	1,804.41	954.91

Competitive Comparison of CirTran's Days Payable

For the Conglomerates subindustry, CirTran'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.

CirTran's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, CirTran's Days Payable distribution charts can be found below:

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

CirTran 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.

CirTran'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
=	( (2.324	+	0.626)	/	2 )	/	0.61	*	365
=	1.475					/	0.61	*	365
=	882.58

CirTran'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
=	( (2.346	+	0.626)	/	2 )	/	0.142	*	365 / 4
=	1.486					/	0.142	*	365 / 4
=	954.91

CirTran Days Payable Related Terms

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

CirTran (CirTran) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » CirTran Corp (OTCPK:CIRX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

6360 S Pecos Road, Suite 8, Las Vegas, NV, USA, 89120

Website

https://www.cirtran.com

CirTran Corp offers diversified expertise in manufacturing, marketing, distribution, and technology services in a wide variety of consumer products, including tobacco products, and medical devices. The company operates under the brand name-HUSTLER and it sells products like condoms, electronic cigarettes, electronic cigars, cigars, hookahs, hookah tobacco, energy drinks, water beverages etc.

Executives

Shaher Hawatmeh	officer: Chief Operating Officer	4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
David Harmon	officer: CHIEF FINANCIAL OFFICER	4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Donald L Buehner	director	4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Trevor Saliba	director, officer: Chief Marketing Officer	4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Fadi Nora	director	4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Iehab J Hawatmeh	director, officer: President & CEO	4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Raed Hawatmeh	director	4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Richard T Ferrone	officer: CFO	4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128

CirTran (CirTran) Headlines

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