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Dialight (Dialight) Days Payable : 97.18 (As of Jun. 2023)


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What is Dialight Days Payable?

Dialight's average Accounts Payable for the six months ended in Jun. 2023 was $34.6 Mil. Dialight's Cost of Goods Sold for the six months ended in Jun. 2023 was $65.0 Mil. Hence, Dialight's Days Payable for the six months ended in Jun. 2023 was 97.18.

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

DIALF' s Days Payable Range Over the Past 10 Years
Min: 44.21   Med: 61.62   Max: 98.5
Current: 98.5

During the past 13 years, Dialight's highest Days Payable was 98.50. The lowest was 44.21. And the median was 61.62.

DIALF's Days Payable is ranked better than
62.53% of 2928 companies
in the Industrial Products industry
Industry Median: 76.275 vs DIALF: 98.50

Dialight's Days Payable declined from Jun. 2022 (97.38) to Jun. 2023 (97.18). It may suggest that Dialight accelerated paying its suppliers.


Dialight Days Payable Historical Data

The historical data trend for Dialight'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.

Dialight Days Payable Chart

Dialight Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.13 65.76 73.41 75.93 89.70

Dialight Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 92.39 97.38 83.60 97.18 105.41

Competitive Comparison of Dialight's Days Payable

For the Electrical Equipment & Parts subindustry, Dialight'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.


Dialight's Days Payable Distribution in the Industrial Products Industry

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

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



Dialight 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.

Dialight's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (29.476 + 33.924) / 2 ) / 128.987*365
=31.7 / 128.987*365
=89.70

Dialight's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (29.476 + 39.773) / 2 ) / 65.025*365 / 2
=34.6245 / 65.025*365 / 2
=97.18

* 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.


Dialight Days Payable Related Terms

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Dialight (Dialight) Business Description

Traded in Other Exchanges
Address
25 Old Broad Street, Leaf C, Level 36, Tower 42, London, GBR, EC2N 1HQ
Dialight PLC manufactures and sells light-emitting diode (LED) lighting fixtures for use in hazardous and industrial locations. It provides lighting products to customers in industrial sectors including steel foundries, pulp and paper mills, automotive manufacturers, utility, and wastewater plants, and food and beverage processing plants. In addition, it provides specialist lighting products for hazardous industrial sites, including the oil and gas and mining sectors. Its segments are Lighting, Signals, and Components. The majority of the revenue is derived from the sale of LED lighting solutions and anti-collision obstruction lighting. Geographically it derives the majority of its revenue from North America.