Calnex Solutions (FRA:CSO) Days Payable : 61.58 (As of Sep. 2024)

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What is Calnex Solutions Days Payable?

Calnex Solutions's average Accounts Payable for the six months ended in Sep. 2024 was €0.77 Mil. Calnex Solutions's Cost of Goods Sold for the six months ended in Sep. 2024 was €2.29 Mil. Hence, Calnex Solutions's Days Payable for the six months ended in Sep. 2024 was 61.58.

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

FRA:CSO' s Days Payable Range Over the Past 10 Years
Min: 61.78 Med: 99.51 Max: 113.16
Current: 96.25

During the past 7 years, Calnex Solutions's highest Days Payable was 113.16. The lowest was 61.78. And the median was 99.51.

FRA:CSO's Days Payable is ranked better than
67.5% of 2409 companies
in the Hardware industry
Industry Median: 68.79 vs FRA:CSO: 96.25

Calnex Solutions's Days Payable declined from Sep. 2023 (170.96) to Sep. 2024 (61.58). It may suggest that Calnex Solutions accelerated paying its suppliers.

Calnex Solutions Days Payable Historical Data

The historical data trend for Calnex Solutions'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.

Calnex Solutions Days Payable Chart

Calnex Solutions Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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101.19

86.62

60.96

71.80

110.88

Calnex Solutions Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial								92.97	94.27	170.96	115.62	61.58

Competitive Comparison of Calnex Solutions's Days Payable

For the Communication Equipment subindustry, Calnex Solutions'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.

Calnex Solutions's Days Payable Distribution in the Hardware Industry

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

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

Calnex Solutions 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.

Calnex Solutions's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (2.006	+	1.067)	/	2 )	/	5.058	*	365
=	1.5365					/	5.058	*	365
=	110.88

Calnex Solutions's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (1.067	+	0.477)	/	2 )	/	2.288	*	365 / 2
=	0.772					/	2.288	*	365 / 2
=	61.58

Calnex Solutions Days Payable Related Terms

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Calnex Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Calnex Solutions PLC (FRA:CSO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CLX:UK CSO:Germany

Address

Oracle Campus, Linlithgow, West Lothian, GBR, EH49 7LR

Website

https://www.calnexsol.com

Calnex Solutions PLC is a provider of test and measurement solutions for the telecommunications sector. It designs, produces, and markets test instrumentation and solutions for network synchronization and network emulation. The company offers its equipment to network operators, network providers, systems suppliers, laboratories, and network infrastructures. The company operates in North Asia, Americas and Rest of the world, out of which it derives maximum revenue from Americas.

Calnex Solutions Headlines

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