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The historical rank and industry rank for Conrad Industries's Days Payable or its related term are showing as below:
CNRD's Days Payable is not ranked *
in the Aerospace & Defense industry.
Industry Median: 64.565 * Ranked among companies with meaningful Days Payable only.
Conrad Industries's Days Payable
declined
from Jun. 2018 (15.23) to Sep. 2023 (13.24).
It may suggest that Conrad Industriesaccelerated paying its suppliers.
The historical data trend for Conrad Industries'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.
For the Aerospace & Defense subindustry, Conrad Industries'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.
Conrad Industries Days Payable vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Conrad Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Conrad Industries's Days Payable falls into.
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.
Conrad Industries's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as
* 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.
Conrad Industries (CNRD) has a Days Payable of 13.24 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Conrad Industries and its competitors.
Is Conrad Industries' Days Payable too high?
Conrad Industries' current Days Payable is 13.24. The Aerospace & Defense industry median Days Payable is 64.57. Conrad Industries' value of 13.24 is 79.5% below this industry median. Overall, Conrad Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Conrad Industries' Days Payable compare to LLAP and OPXS?
Conrad Industries' Days Payable of 13.24 can be compared against companies in the Aerospace & Defense industry. The industry median Days Payable is 64.57. Conrad Industries' value of 13.24 is 79.5% below 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 an Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.57, based on 340 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. Conrad Industries's current Days Payable of 13.24 is 79.5% below 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 Conrad Industries and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Conrad Industries's current Days Payable is 13.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conrad Industries stock overvalued right now?
Conrad Industries (CNRD) has a current Days Payable of 13.24. The current Days Payable is 13.24 and 79.5% below the Aerospace & Defense industry median of 64.57. Conrad Industries' overall GF Score™ is 12/100. 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 Conrad Industries (CNRD), the current Days Payable is 13.24 as of Sep. 2023. 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.
Conrad Industries Inc is engaged in the construction, repair, and conversion of steel and aluminum marine vessels for commercial and governmental customers. The firm's business activities are conducted through the Vessel Construction and Repair and Conversions segments. It generates maximum revenue from the Vessel Construction segment. The Vessel Construction segment involves the building of a new vessel, often including engineering and design. The Repair and Conversions segment comprises work on an existing vessel.
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