Dynamic Technologies Group (Dynamic Technologies Group) Days Payable : 359.41 (As of Sep. 2022)

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What is Dynamic Technologies Group Days Payable?

Dynamic Technologies Group's average Accounts Payable for the three months ended in Sep. 2022 was $14.52 Mil. Dynamic Technologies Group's Cost of Goods Sold for the three months ended in Sep. 2022 was $3.69 Mil. Hence, Dynamic Technologies Group's Days Payable for the three months ended in Sep. 2022 was 359.41.

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

ERILQ's Days Payable is not ranked ^*
in the Industrial Products industry.
Industry Median: 76.065
* Ranked among companies with meaningful Days Payable only.

Dynamic Technologies Group's Days Payable increased from Sep. 2021 (272.54) to Sep. 2022 (359.41). It may suggest that Dynamic Technologies Group delayed paying its suppliers.

Dynamic Technologies Group Days Payable Historical Data

The historical data trend for Dynamic Technologies Group'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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Dynamic Technologies Group Days Payable Chart

Dynamic Technologies Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

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89.33

100.42

114.87

139.65

198.68

Dynamic Technologies Group Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Days Payable	Get a 7-Day Free Trial															272.54	220.21	246.98	403.54	359.41

Competitive Comparison of Dynamic Technologies Group's Days Payable

For the Metal Fabrication subindustry, Dynamic Technologies Group'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.

Dynamic Technologies Group's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dynamic Technologies Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Dynamic Technologies Group's Days Payable falls into.

Dynamic Technologies Group 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.

Dynamic Technologies Group's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (14.544	+	11.957)	/	2 )	/	24.343	*	365
=	13.2505					/	24.343	*	365
=	198.68

Dynamic Technologies Group's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

	Days Payable (Q: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
=	( (16.607	+	12.429)	/	2 )	/	3.686	*	365 / 4
=	14.518					/	3.686	*	365 / 4
=	359.41

Dynamic Technologies Group Days Payable Related Terms

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Dynamic Technologies Group (Dynamic Technologies Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dynamic Technologies Group Inc (OTCPK:ERILQ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

717 Jarvis Avenue, Winnipeg, MB, CAN, R2W 3B4

Website

https://www.dynamictechgroup.com

Dynamic Technologies Group Inc focuses on designing, supplying, and installing iconic, media-based attractions and ride systems for the global theme park industry. It operates in the segments of Ride-Systems Manufacturing, Parts and Service and others. These include designing and manufacturing complex ride systems, and Provider of parts and maintenance services to existing ride systems. It also uses these same engineering integration skills for special projects in diversified industries such as large optical telescopes and enclosures.