SRT Marine Systems (FRA:6S7) Days Payable : 254.61 (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is SRT Marine Systems Days Payable?

SRT Marine Systems's average Accounts Payable for the six months ended in Sep. 2023 was €5.57 Mil. SRT Marine Systems's Cost of Goods Sold for the six months ended in Sep. 2023 was €3.99 Mil. Hence, SRT Marine Systems's Days Payable for the six months ended in Sep. 2023 was 254.61.

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

FRA:6S7' s Days Payable Range Over the Past 10 Years
Min: 37.03 Med: 101.62 Max: 229.31
Current: 229.31

During the past 13 years, SRT Marine Systems's highest Days Payable was 229.31. The lowest was 37.03. And the median was 101.62.

FRA:6S7's Days Payable is ranked better than
92.4% of 2409 companies
in the Hardware industry
Industry Median: 68.75 vs FRA:6S7: 229.31

SRT Marine Systems's Days Payable increased from Sep. 2022 (103.10) to Sep. 2023 (254.61). It may suggest that SRT Marine Systems delayed paying its suppliers.

SRT Marine Systems Days Payable Historical Data

The historical data trend for SRT Marine Systems'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.

SRT Marine Systems Days Payable Chart

SRT Marine Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

50.18

44.61

113.90

81.60

37.80

SRT Marine Systems Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															87.18	120.27	103.10	165.00	254.61

Competitive Comparison of SRT Marine Systems's Days Payable

For the Scientific & Technical Instruments subindustry, SRT Marine Systems'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.

SRT Marine Systems's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where SRT Marine Systems's Days Payable falls into.

SRT Marine Systems 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.

SRT Marine Systems's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (1.775	+	2.795)	/	2 )	/	22.065	*	365
=	2.285					/	22.065	*	365
=	37.80

SRT Marine Systems'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: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (2.795	+	8.338)	/	2 )	/	3.99	*	365 / 2
=	5.5665					/	3.99	*	365 / 2
=	254.61

SRT Marine Systems Days Payable Related Terms

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

SRT Marine Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SRT Marine Systems PLC (FRA:6S7) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SRT:UK 6S7:Germany

Address

Wireless House, Midsomer Norton, Westfield Industrial Estate, Bath, GBR, BA3 4BS

Website

http://www.srt-marine.com

SRT Marine Systems PLC develops and delivers advanced maritime domain awareness technologies, products, and systems, with expertise in Automatic Identification Systems. The company's major customers are system integrators, marine electronics companies, individual vessel operators, port owners and operators, and national authorities. The company currently operates in the following geographical markets: Europe, Middle East, North America, the United Kingdom, and others. The company has developed three core system products, VTS (ports, waterways, and infrastructure), VMS (Fisheries monitoring and management) and MDM (Coastal Surveillance) systems. Its largest end market by revenue is in the Middle East.

SRT Marine Systems Headlines

No Headlines