Quantum (LTS:0A7S) Days Payable : 73.25 (As of Dec. 2024)

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What is Quantum Days Payable?

Quantum's average Accounts Payable for the three months ended in Dec. 2024 was $32.7 Mil. Quantum's Cost of Goods Sold for the three months ended in Dec. 2024 was $40.8 Mil. Hence, Quantum's Days Payable for the three months ended in Dec. 2024 was 73.25.

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

LTS:0A7S' s Days Payable Range Over the Past 10 Years
Min: 45.78 Med: 59.65 Max: 77.67
Current: 61.99

During the past 13 years, Quantum's highest Days Payable was 77.67. The lowest was 45.78. And the median was 59.65.

LTS:0A7S's Days Payable is ranked worse than
56.84% of 2405 companies
in the Hardware industry
Industry Median: 69.04 vs LTS:0A7S: 61.99

Quantum's Days Payable increased from Dec. 2023 (52.70) to Dec. 2024 (73.25). It may suggest that Quantum delayed paying its suppliers.

Quantum Days Payable Historical Data

The historical data trend for Quantum'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.

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Quantum Days Payable Chart

Quantum Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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58.88

66.27

56.15

45.78

60.41

Quantum Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															52.70	50.11	58.13	68.99	73.25

Competitive Comparison of Quantum's Days Payable

For the Computer Hardware subindustry, Quantum'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.

Quantum's Days Payable Distribution in the Hardware Industry

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

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

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Quantum 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.

Quantum'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
=	( (35.716	+	26.087)	/	2 )	/	186.711	*	365
=	30.9015					/	186.711	*	365
=	60.41

Quantum's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (30.789	+	34.704)	/	2 )	/	40.796	*	365 / 4
=	32.7465					/	40.796	*	365 / 4
=	73.25

Quantum Days Payable Related Terms

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Quantum Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Quantum Corp (LTS:0A7S) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

QMCO:USA QNT:Germany QNT:Germany

Address

224 Airport Parkway, Suite 550, San Jose, CA, USA, 95110

Website

https://www.quantum.com

Quantum Corp is a United States-based company that delivers end-to-end data management solutions designed for unstructured data. The company provides solutions for the entire data lifecycle. The company specialize in solutions for video, images, audio, and other large files. The company's portfolio of products includes primary storage software and systems, secondary storage software and systems, as well as devices and media. The company's Primary Storage Software and Systems include Myriad All-Flash Software-Defined Storage, StorNext Hybrid Flash/Disk File Storage Software, and Unified Surveillance Platform Software. Secondary Storage Software and Systems include ActiveScale Object Storage Software and DXi Backup Appliances. The firm derives the majority of its revenue from United States.

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