Cymat Technologies (Cymat Technologies) Days Payable : 396.45 (As of Jan. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Cymat Technologies Days Payable?

Cymat Technologies's average Accounts Payable for the three months ended in Jan. 2024 was $1.15 Mil. Cymat Technologies's Cost of Goods Sold for the three months ended in Jan. 2024 was $0.26 Mil. Hence, Cymat Technologies's Days Payable for the three months ended in Jan. 2024 was 396.45.

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

CYMHF' s Days Payable Range Over the Past 10 Years
Min: 136.9 Med: 213.95 Max: 266.94
Current: 201.62

During the past 13 years, Cymat Technologies's highest Days Payable was 266.94. The lowest was 136.90. And the median was 213.95.

CYMHF's Days Payable is ranked better than
86.54% of 2927 companies
in the Industrial Products industry
Industry Median: 76.28 vs CYMHF: 201.62

Cymat Technologies's Days Payable increased from Jan. 2023 (175.09) to Jan. 2024 (396.45). It may suggest that Cymat Technologies delayed paying its suppliers.

Cymat Technologies Days Payable Historical Data

The historical data trend for Cymat Technologies'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.

Cymat Technologies Days Payable Chart

Cymat Technologies Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

Get a 7-Day Free Trial

146.05

273.26

217.67

229.71

164.35

Cymat Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															175.09	178.98	124.62	281.17	396.45

Competitive Comparison of Cymat Technologies's Days Payable

For the Metal Fabrication subindustry, Cymat Technologies'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.

Cymat Technologies's Days Payable Distribution in the Industrial Products Industry

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

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

Cymat Technologies 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.

Cymat Technologies's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (1.121	+	1.098)	/	2 )	/	2.464	*	365
=	1.1095					/	2.464	*	365
=	164.35

Cymat Technologies's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (1.165	+	1.129)	/	2 )	/	0.264	*	365 / 4
=	1.147					/	0.264	*	365 / 4
=	396.45

Cymat Technologies Days Payable Related Terms

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

Cymat Technologies (Cymat Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cymat Technologies Ltd (OTCPK:CYMHF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CYM:Canada

Address

6320 Danville Road, Unit 2, Mississauga, ON, CAN, L5T 2L7

Website

https://www.cymat.com

Cymat Technologies Ltd is a manufacturing company, which holds licenses and related patents to make, use and sell Stabilized Aluminum Foam (SAF). SAF is produced utilizing a proprietary process in which gas is bubbled into molten alloyed aluminum containing a dispersion of fine ceramic particles to create foam, which is then cast into lightweight panels and shapes. The firm is manufacturing SAF for use in architectural, blast mitigation and energy absorption applications. Its products are used in the automotive and industrial markets.