S.P. Korolev Rocket and Space Public Energia OJC (MIC:RKKE) Days Payable: 20.81 (As of Jun. 2023)


MIC:RKKE S.P. Korolev Rocket and Space Public Corporation Energia OJC MIC:RKKE
17 GF Score
Price ₽10,550.00
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What is S.P. Korolev Rocket and Space Public Energia OJC Days Payable?

S.P. Korolev Rocket and Space Public Energia OJC MIC:RKKE +3.33% 17 Days Payable is 20.81 as of Jun. 2023. GuruFocus rates MIC:RKKE with a GF Score™ of 17/100.

S.P. Korolev Rocket and Space Public Energia OJC's average Accounts Payable for the six months ended in Jun. 2023 was ₽1,754 Mil. S.P. Korolev Rocket and Space Public Energia OJC's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽15,381 Mil. Hence, S.P. Korolev Rocket and Space Public Energia OJC's Days Payable for the six months ended in Jun. 2023 was 20.81.

The historical rank and industry rank for S.P. Korolev Rocket and Space Public Energia OJC's Days Payable or its related term are showing as below:

MIC:RKKE's Days Payable is not ranked *
in the Aerospace & Defense industry.
Industry Median: 64.65
* Ranked among companies with meaningful Days Payable only.

S.P. Korolev Rocket and Space Public Energia OJC's Days Payable declined from Jun. 2021 (42.37) to Jun. 2023 (20.81). It may suggest that S.P. Korolev Rocket and Space Public Energia OJC accelerated paying its suppliers.

S.P. Korolev Rocket and Space Public Energia OJC Days Payable Related Terms

S.P. Korolev Rocket and Space Public Energia OJC Days Payable Historical Data

* Premium members only.

The historical data trend for S.P. Korolev Rocket and Space Public Energia OJC'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.

S.P. Korolev Rocket and Space Public Energia OJC Days Payable Chart

S.P. Korolev Rocket and Space Public Energia OJC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 522.54 248.27 47.65 40.52 53.00

S.P. Korolev Rocket and Space Public Energia OJC Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun22 Jun23
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 48.49 29.96 42.37 25.05 20.81

MIC:RKKE vs RTX, LMT, BA: Days Payable Comparison

For the Aerospace & Defense subindustry, S.P. Korolev Rocket and Space Public Energia OJC'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.

S.P. Korolev Rocket and Space Public Energia OJC Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, S.P. Korolev Rocket and Space Public Energia OJC's Days Payable distribution charts can be found below:

* The bar in red indicates where S.P. Korolev Rocket and Space Public Energia OJC's Days Payable falls into.


MIC:RKKE
17GF Score
S.P. Korolev Rocket and Space Public Corporation Energia OJC MIC:RKKE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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S.P. Korolev Rocket and Space Public Energia OJC 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.

S.P. Korolev Rocket and Space Public Energia OJC's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (5357.275 + 3819.117) / 2 ) / 31596.275*365
=4588.196 / 31596.275*365
=53.00

S.P. Korolev Rocket and Space Public Energia OJC'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: Jun. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0 + 1754.047) / 1 ) / 15380.952*365 / 2
=1754.047 / 15380.952*365 / 2
=20.81

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 20.81 mean?
S.P. Korolev Rocket and Space Public Energia OJC (MIC:RKKE) has a Days Payable of 20.81 as of Jun. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on S.P. Korolev Rocket and Space Public Energia OJC and its competitors.
Is S.P. Korolev Rocket and Space Public Energia OJC's Days Payable too high?
S.P. Korolev Rocket and Space Public Energia OJC's current Days Payable is 20.81. The Aerospace & Defense industry median Days Payable is 64.65. S.P. Korolev Rocket and Space Public Energia OJC's value of 20.81 is 67.8% below this industry median. Overall, S.P. Korolev Rocket and Space Public Energia OJC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does S.P. Korolev Rocket and Space Public Energia OJC's Days Payable compare to RTX and LMT?
S.P. Korolev Rocket and Space Public Energia OJC's Days Payable of 20.81 can be compared against companies in the Aerospace & Defense industry. The industry median Days Payable is 64.65. S.P. Korolev Rocket and Space Public Energia OJC's value of 20.81 is 67.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.65, based on 339 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. S.P. Korolev Rocket and Space Public Energia OJC's current Days Payable of 20.81 is 67.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on S.P. Korolev Rocket and Space Public Energia OJC and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S.P. Korolev Rocket and Space Public Energia OJC's current Days Payable is 20.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S.P. Korolev Rocket and Space Public Energia OJC stock overvalued right now?
S.P. Korolev Rocket and Space Public Energia OJC (MIC:RKKE) has a current Days Payable of 20.81. The current Days Payable is 20.81 and 67.8% below the Aerospace & Defense industry median of 64.65. S.P. Korolev Rocket and Space Public Energia OJC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For S.P. Korolev Rocket and Space Public Energia OJC (MIC:RKKE), the current Days Payable is 20.81 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

S.P. Korolev Rocket and Space Public Energia OJC Business Description

Address 4A Lenin Street, Korolev, Moscow, RUS, 141070
S.P. Korolev Rocket and Space Public Corporation Energia OJC engaged in research and development of space technologies. It develops & manufactures operational use of manned space systems, rocket systems, armament & military equipment.
17GF Score

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