MPTI (M-Tron Industries) Days Payable : 17.62 (As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is M-Tron Industries Days Payable?

M-Tron Industries's average Accounts Payable for the three months ended in Sep. 2024 was $1.33 Mil. M-Tron Industries's Cost of Goods Sold for the three months ended in Sep. 2024 was $6.90 Mil. Hence, M-Tron Industries's Days Payable for the three months ended in Sep. 2024 was 17.62.

The historical rank and industry rank for M-Tron Industries's Days Payable or its related term are showing as below:

MPTI' s Days Payable Range Over the Past 10 Years
Min: 18.79 Med: 27.46 Max: 33.63
Current: 18.79

During the past 4 years, M-Tron Industries's highest Days Payable was 33.63. The lowest was 18.79. And the median was 27.46.

MPTI's Days Payable is ranked worse than
94.71% of 2402 companies
in the Hardware industry
Industry Median: 68.83 vs MPTI: 18.79

M-Tron Industries's Days Payable declined from Sep. 2023 (23.65) to Sep. 2024 (17.62). It may suggest that M-Tron Industries accelerated paying its suppliers.

M-Tron Industries Days Payable Historical Data

The historical data trend for M-Tron Industries'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.

M-Tron Industries Days Payable Chart

M-Tron Industries Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

22.41

27.39

33.63

27.53

M-Tron Industries Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial											23.65	20.40	18.03	19.34	17.62

Competitive Comparison of M-Tron Industries's Days Payable

For the Electronic Components subindustry, M-Tron Industries'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.

M-Tron Industries's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, M-Tron Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where M-Tron Industries's Days Payable falls into.

M-Tron Industries 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.

M-Tron Industries'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
=	( (2.381	+	1.3)	/	2 )	/	24.402	*	365
=	1.8405					/	24.402	*	365
=	27.53

M-Tron Industries'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: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (1.442	+	1.225)	/	2 )	/	6.904	*	365 / 4
=	1.3335					/	6.904	*	365 / 4
=	17.62

M-Tron Industries Days Payable Related Terms

Thank you for viewing the detailed overview of M-Tron Industries's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

M-Tron Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » M-Tron Industries Inc (AMEX:MPTI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2525 Shader Road, Orlando, FL, USA, 32804

Website

https://www.mtronpti.com

M-Tron Industries Inc is a diversified holding company with subsidiaries engaged in designing, manufacturing, and marketing high-engineered, high-reliability frequency and spectrum control products used to control the frequency or timing of signals in electronic circuits in various applications. The serving markets of the company are aerospace and defense, space, and avionics. The company offers products such as microwave and millimeter wave filters; cavity, crystal, ceramic, lumped element, and switched filters; crystal resonators, integrated microwave assemblies, and solid-state power amplifier products.

Executives

Mario J Gabelli	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Ivan Arteaga	director	497 EISENHOWER COURT, WYCKOFF NJ 07481
William Arnold Drafts	officer: President	746 CRISTALDI WAY, LONGWOOD FL 32779
Ferrantino Michael J Jr	director, officer: Chief Executive Officer	12 MARTINGALE LANE, ANDOVER MA 01810
James William Tivy	officer: Chief Financial Officer	220 E. CENTRAL PARKWAY, SUITE 2060, ALTAMONTE SPRINGS FL 32701
Linda M Biles	officer: VP, Controller	2525 SHADER ROAD, ORLANDO FL 32804
Marc Gabelli	director, 10 percent owner	401 THEODORE FREMD AVE, RYE NY 10580
Bel Lazar	director	4705 S. APOPKA VINELAND ROAD, SUITE 201, ORLANDO FL 32819
Hendi Susanto	director	2525 SHADER RD., ORLANDO FL 32804
Lapenta Robert V Jr	director	C/O ASTON CAPITAL, 177 BROAD ST., 12TH FLOOR, STAMFORD CT 06901
David M Goldman	director	ONE CORPORATE CENTER, RYE NY 10580
John S Mega	director	C/O L-3 COMMUNICATIONS CORPORATION, 600 THIRD AVENUE, NEW YORK NY 10016