ANDR (Andrea Electronics) Days Payable: 135.55 (As of Dec. 2022)


What is Andrea Electronics Days Payable?

Andrea Electronics ANDR Days Payable is 135.55 as of Dec. 2022.

Andrea Electronics's average Accounts Payable for the three months ended in Dec. 2022 was $0.10 Mil. Andrea Electronics's Cost of Goods Sold for the three months ended in Dec. 2022 was $0.07 Mil. Hence, Andrea Electronics's Days Payable for the three months ended in Dec. 2022 was 135.55.

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

ANDR's Days Payable is not ranked *
in the Hardware industry.
Industry Median: 69.935
* Ranked among companies with meaningful Days Payable only.

Andrea Electronics's Days Payable increased from Dec. 2021 (114.06) to Dec. 2022 (135.55). It may suggest that Andrea Electronics delayed paying its suppliers.

Andrea Electronics Days Payable Historical Data

* Premium members only.

The historical data trend for Andrea Electronics'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.

Andrea Electronics Days Payable Chart

Andrea Electronics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.30 59.36 80.39 89.35 86.83

Andrea Electronics Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 114.06 124.96 91.01 63.73 135.55

ANDR vs GAXY, TKLS, WTO: Days Payable Comparison

For the Consumer Electronics subindustry, Andrea Electronics'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.

Andrea Electronics Days Payable vs Hardware Industry

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

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


Andrea Electronics 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.

Andrea Electronics'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
=( (0.163 + 0.112) / 2 ) / 0.578*365
=0.1375 / 0.578*365
=86.83

Andrea Electronics's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

Days Payable (Q: Dec. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2022 ) + Accounts Payable (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (0.093 + 0.112) / 2 ) / 0.069*365 / 4
=0.1025 / 0.069*365 / 4
=135.55

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 135.55 mean?
Andrea Electronics (ANDR) has a Days Payable of 135.55 as of Dec. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Andrea Electronics and its competitors.
Is Andrea Electronics' Days Payable too high?
Andrea Electronics' current Days Payable is 135.55. The Hardware industry median Days Payable is 69.94. Andrea Electronics' value of 135.55 is 93.8% above this industry median.
How does Andrea Electronics' Days Payable compare to GAXY and TKLS?
Andrea Electronics' Days Payable of 135.55 can be compared against companies in the Hardware industry. The industry median Days Payable is 69.94. Andrea Electronics' value of 135.55 is 93.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Hardware company?
The median Days Payable among Hardware companies is 69.94, based on 2,440 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Andrea Electronics's current Days Payable of 135.55 is 93.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Andrea Electronics and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Andrea Electronics's current Days Payable is 135.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andrea Electronics stock overvalued right now?
Andrea Electronics (ANDR) has a current Days Payable of 135.55. The current Days Payable is 135.55 and 93.8% above the Hardware industry median of 69.94. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Andrea Electronics (ANDR), the current Days Payable is 135.55 as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Andrea Electronics Business Description

Address 620 Johnson Avenue, Suite 1B, Bohemia, NY, USA, 11716
Andrea Electronics Corp is engaged in the design, development, and manufacturing of digital microphone products and noise reduction software that facilitate natural language, human, and machine interfaces. The company's technologies assist in eliminating background noise to enable the optimum performance of various speech-based and audio applications. It operates through two segments. The Patent monetization segment consists of monetization revenues. Its Andrea DSP microphone & audio software products segment includes products such as Andrea digital super directional array microphone technology, Andrea direction-finding & tracking array microphone technology, Andrea pure audio noise-filtering technology, and Andrea EchoStop, an advanced acoustic echo cancellation technology.