Qualstar (Qualstar) Days Payable : 31.29 (As of Sep. 2023)

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What is Qualstar Days Payable?

Qualstar's average Accounts Payable for the three months ended in Sep. 2023 was $0.74 Mil. Qualstar's Cost of Goods Sold for the three months ended in Sep. 2023 was $2.16 Mil. Hence, Qualstar's Days Payable for the three months ended in Sep. 2023 was 31.29.

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

QBAK' s Days Payable Range Over the Past 10 Years
Min: 32.18 Med: 46.79 Max: 125.16
Current: 125.16

During the past 13 years, Qualstar's highest Days Payable was 125.16. The lowest was 32.18. And the median was 46.79.

QBAK's Days Payable is ranked better than
71.67% of 2930 companies
in the Industrial Products industry
Industry Median: 76.24 vs QBAK: 125.16

Qualstar's Days Payable declined from Sep. 2019 (44.65) to Sep. 2023 (31.29). It may suggest that Qualstar accelerated paying its suppliers.

Qualstar Days Payable Historical Data

The historical data trend for Qualstar'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.

Qualstar Days Payable Chart

Qualstar Annual Data

Trend

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Dec16

Dec17

Dec18

Dec19

Days Payable

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39.90

48.17

55.76

53.04

37.77

Qualstar Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Sep22	Sep23
Days Payable	Get a 7-Day Free Trial															44.65	41.36	56.64	33.06	31.29

Competitive Comparison of Qualstar's Days Payable

For the Electrical Equipment & Parts subindustry, Qualstar'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.

Qualstar's Days Payable Distribution in the Industrial Products Industry

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

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

Qualstar 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.

Qualstar's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

	Days Payable (A: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2018 )	+	Accounts Payable (A: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2019 )	*	Days in Period
=	( (1.023	+	1.029)	/	2 )	/	9.916	*	365
=	1.026					/	9.916	*	365
=	37.77

Qualstar's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2022 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0.741)	/	1 )	/	2.161	*	365 / 4
=	0.741					/	2.161	*	365 / 4
=	31.29

Qualstar Days Payable Related Terms

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

Qualstar (Qualstar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qualstar Corp (OTCPK:QBAK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Jenner, Suite 200, Irvine, CA, USA, 92618

Website

https://www.qualstar.com

Qualstar Corp is a U.S based provider of data storage systems marketed under the Qualstar brand and of power solutions marketed under the N2Power brand. The company's segments include Power Supplies and Data Storage. Under the Power Supplies segment, it designs, manufactures and sells open frame switching power supplies. Under the Data Storage segment, it designs, manufactures and sells automated magnetic tape libraries used to store, retrieve and manage electronic data in network computing environments. It has its geographic presence in North America, Europe.

Executives

Joy C. Hou	director	C/O QUALSTAR CORPORATION, 1267 FLYNN ROAD, CAMARILLO CA 93012
Steven N Bronson	director, 10 percent owner, officer: Chief Executive Officer
William J Gervais	10 percent owner	1925 ANGUS AVENUE, UNIT B, SIMI VALLEY CA 93063
Leonard Hagan	director	650 THOMAS AVENUE, BALDWIN NY 11510
Bkf Capital Group Inc	10 percent owner	1 JENNER, SUITE 200, IRVINE CA 92618
Bkf Asset Holdings, Inc.	10 percent owner	3990-B HERITAGE OAK COURT, SIMI VALLEY CA 93063
David John Wolenski	director	5328 W. BURGUNDY PL., LITTLETON CO 80123
Nicholas Yarymovych	director	1716 ADDISON ROAD, PALOS VERDES ESTATES CA 90274
Louann Negrete	officer: Chief Financial Officer	31248 OAK CREST DR. SUITE 120, WESTLAKE VILLAGE CA 91361
Miller Lloyd I Iii	10 percent owner
Sean Michael Leder	director	31248 OAK CREST DRIVE, SUITE 120, WEST LAKE VILLAGE CA 91361
Jan Daniel Ko Chieh	officer: Executive Vice President	4401 MAR ESCARPA, SAN CLEMENTE CA 92673
William J Lurie	officer: VP Engineering	3990-B HERITAGE OAK CT., SIMI VALLEY CA 93063
Dale Edward Wallis	director	2221 SW 118TH STREET, OKLAHOMA CITY OK 73170
Alan B Howe	director	1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081