Rocket Lab USA (Rocket Lab USA) Days Payable : 55.66 (As of Dec. 2023)

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What is Rocket Lab USA Days Payable?

Rocket Lab USA's average Accounts Payable for the three months ended in Dec. 2023 was $27.14 Mil. Rocket Lab USA's Cost of Goods Sold for the three months ended in Dec. 2023 was $44.50 Mil. Hence, Rocket Lab USA's Days Payable for the three months ended in Dec. 2023 was 55.66.

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

RKLBW' s Days Payable Range Over the Past 10 Years
Min: 14.8 Med: 22.84 Max: 43.49
Current: 43.49

During the past 4 years, Rocket Lab USA's highest Days Payable was 43.49. The lowest was 14.80. And the median was 22.84.

RKLBW's Days Payable is ranked worse than
71.38% of 297 companies
in the Aerospace & Defense industry
Industry Median: 77.75 vs RKLBW: 43.49

Rocket Lab USA's Days Payable increased from Dec. 2022 (23.16) to Dec. 2023 (55.66). It may suggest that Rocket Lab USA delayed paying its suppliers.

Rocket Lab USA Days Payable Historical Data

The historical data trend for Rocket Lab USA'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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Rocket Lab USA Days Payable Chart

Rocket Lab USA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

26.17

19.51

14.80

39.10

Rocket Lab USA Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial									23.16	32.84	46.84	44.03	55.66

Competitive Comparison of Rocket Lab USA's Days Payable

For the Aerospace & Defense subindustry, Rocket Lab USA'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.

Rocket Lab USA's Days Payable Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Rocket Lab USA's Days Payable falls into.

Rocket Lab USA 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.

Rocket Lab USA'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
=	( (12.084	+	29.303)	/	2 )	/	193.183	*	365
=	20.6935					/	193.183	*	365
=	39.10

Rocket Lab USA'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
=	( (24.98	+	29.303)	/	2 )	/	44.499	*	365 / 4
=	27.1415					/	44.499	*	365 / 4
=	55.66

Rocket Lab USA Days Payable Related Terms

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Rocket Lab USA (Rocket Lab USA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Rocket Lab USA Inc (NAS:RKLBW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RKLB:USA

Address

3881 McGowen Street, Long Beach, CA, USA, 90808

Website

https://www.rocketlabusa.com

Rocket Lab USA Inc is engaged in space, building rockets, and spacecraft. It provides end-to-end mission services that provide frequent and reliable access to space for civil, defence, and commercial markets. It designs and manufactures the Electron and Neutron launch vehicles and Photon satellite platform. Rocket Lab's Electron launch vehicle has delivered more than 100 satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. The business operates in two segments being Launch Services and Space systems. Geographically it serves Japan, Germany, rest of the world and earns key revenue from the United States.