Zortrax (WAR:ZRX) Days Payable

: 223.50 (As of Sep. 2023)

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Zortrax's average Accounts Payable for the three months ended in Sep. 2023 was zł3.72 Mil. Zortrax's Cost of Goods Sold for the three months ended in Sep. 2023 was zł1.52 Mil. Hence, Zortrax's Days Payable for the three months ended in Sep. 2023 was 223.50.

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

WAR:ZRX' s Days Payable Range Over the Past 10 Years
Min: 35.04 Med: 60.75 Max: 170.64
Current: 170.64

During the past 9 years, Zortrax's highest Days Payable was 170.64. The lowest was 35.04. And the median was 60.75.

WAR:ZRX's Days Payable is ranked better than
87.34% of 2418 companies
in the Hardware industry
Industry Median: 68.085 vs WAR:ZRX: 170.64

Zortrax's Days Payable increased from Sep. 2022 (145.66) to Sep. 2023 (223.50). It may suggest that Zortrax delayed paying its suppliers.

Zortrax Days Payable Historical Data

The historical data trend for Zortrax'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.

Zortrax Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

70.81

75.91

134.98

50.08

60.75

Zortrax Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable																145.66	130.11	175.60	197.93	223.50

Competitive Comparison

For the Computer Hardware subindustry, Zortrax'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.

Zortrax Days Payable Distribution

For the Hardware industry and Technology sector, Zortrax's Days Payable distribution charts can be found below:

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

Zortrax 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.

Zortrax's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (2.913	+	4.725)	/	2 )	/	22.944	*	365
=	3.819					/	22.944	*	365
=	60.75

Zortrax'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: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (4.307	+	3.139)	/	2 )	/	1.52	*	365 / 4
=	3.723					/	1.52	*	365 / 4
=	223.50

Zortrax Days Payable Related Terms

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Zortrax (WAR:ZRX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Zortrax SA (WAR:ZRX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lubelska 34, Olsztyn, POL, 10-409

Website

https://www.zortrax.com

Zortrax SA is a Polish developer of comprehensive 3D printing solutions. It is engaged in desktop 3D printers, dedicated filaments, Z-SUITE software, and additional devices to improve the printing process and post-processing.

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