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Standex International (Standex International) Days Payable : 53.84 (As of Dec. 2023)


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What is Standex International Days Payable?

Standex International's average Accounts Payable for the three months ended in Dec. 2023 was $63.0 Mil. Standex International's Cost of Goods Sold for the three months ended in Dec. 2023 was $106.7 Mil. Hence, Standex International's Days Payable for the three months ended in Dec. 2023 was 53.84.

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

SXI' s Days Payable Range Over the Past 10 Years
Min: 51.18   Med: 58.03   Max: 86.64
Current: 53.63

During the past 13 years, Standex International's highest Days Payable was 86.64. The lowest was 51.18. And the median was 58.03.

SXI's Days Payable is ranked worse than
66.59% of 2930 companies
in the Industrial Products industry
Industry Median: 76.275 vs SXI: 53.63

Standex International's Days Payable increased from Dec. 2022 (52.40) to Dec. 2023 (53.84). It may suggest that Standex International delayed paying its suppliers.


Standex International Days Payable Historical Data

The historical data trend for Standex International'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.

Standex International Days Payable Chart

Standex International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.96 51.18 57.03 58.54 57.29

Standex International 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.40 53.83 54.14 53.17 53.84

Competitive Comparison of Standex International's Days Payable

For the Specialty Industrial Machinery subindustry, Standex International'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.


Standex International's Days Payable Distribution in the Industrial Products Industry

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

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



Standex International 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.

Standex International's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (74.52 + 68.601) / 2 ) / 455.952*365
=71.5605 / 455.952*365
=57.29

Standex International'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
=( (62.071 + 63.883) / 2 ) / 106.737*365 / 4
=62.977 / 106.737*365 / 4
=53.84

* 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.


Standex International Days Payable Related Terms

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


Standex International (Standex International) Business Description

Traded in Other Exchanges
Address
23 Keewaydin Drive, Salem, NH, USA, 03079
Standex International Corp is a us-based firm. It engages in manufacturing a variety of products and services for several commercial and industrial markets. It has five segments that include Electronics; Engraving; Scientific; Engineering Technologies and Specialty Solutions. With its business spread majorly in the United States, most of the company revenues come from the Electronics business that primarily includes manufacturing and selling of electronic components for applications throughout the end-user market spectrum.
Executives
Ademir Sarcevic officer: Vice President/CFO/Treasurer 5500 WAYZATA BOULEVARD, MINNEAPOLIS MN 55416
Barbara Joanne Edwards director 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Sean C Valashinas officer: Chief Accounting Officer C/O STANDEX INTERNATIONAL CORPORATION, 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Alan J Glass officer: Vice President/CLO
Thomas E Chorman director
David A. Dunbar director, officer: President/CEO 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Paul C. Burns other: Vice President Corporate Devel 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Cannon Charles H Jr director 200 E RANDOLPH DRIVE, CHICAGO IL 60601
Thomas J Hansen director 3600 W. LAKE AVENUE, GLENVIEW IL 60026-1215
Maschera Flavio officer: Vice President/Chief Innovatio 23 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Robin J Davenport director 23 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
James A. Hooven officer: VP Operations & Supply Chain ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Annemarie Bell officer: Vice President Human Resources 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Thomas D. Debyle Chief Financial Officer, other: Insider STANDEX INT'L, 6 MANOR PARKWAY, SALEM NH 03079
Gerald H Fickenscher director 199 BENSON RD, MIDDLEBURY CT 06749

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