MTNX (Meltronix) Days Payable: 914.97 (As of Jun. 2002)


What is Meltronix Days Payable?

Meltronix MTNX Days Payable is 914.97 as of Jun. 2002.

Meltronix's average Accounts Payable for the three months ended in Jun. 2002 was $3.89 Mil. Meltronix's Cost of Goods Sold for the three months ended in Jun. 2002 was $0.39 Mil. Hence, Meltronix's Days Payable for the three months ended in Jun. 2002 was 914.97.

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

MTNX's Days Payable is not ranked *
in the Semiconductors industry.
Industry Median: 53.06
* Ranked among companies with meaningful Days Payable only.

Meltronix's Days Payable increased from Jun. 2001 (372.12) to Jun. 2002 (914.97). It may suggest that Meltronix delayed paying its suppliers.

Meltronix Days Payable Historical Data

* Premium members only.

The historical data trend for Meltronix'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.

Meltronix Days Payable Chart

Meltronix Annual Data
Trend Dec99 Dec00 Dec01
Days Payable
152.34 82.86 437.62

Meltronix Quarterly Data
Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 372.12 218.16 1,315.92 828.78 914.97

MTNX vs MTLK, SPRS, SCIA: Days Payable Comparison

For the Semiconductors subindustry, Meltronix'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.

Meltronix Days Payable vs Semiconductors Industry

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

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


Meltronix 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.

Meltronix's Days Payable for the fiscal year that ended in Dec. 2001 is calculated as

Days Payable (A: Dec. 2001 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2000 ) + Accounts Payable (A: Dec. 2001 )) / count ) / Cost of Goods Sold (A: Dec. 2001 )*Days in Period
=( (2.905 + 3.85) / 2 ) / 2.817*365
=3.3775 / 2.817*365
=437.62

Meltronix's Days Payable for the quarter that ended in Jun. 2002 is calculated as:

Days Payable (Q: Jun. 2002 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2002 ) + Accounts Payable (Q: Jun. 2002 )) / count ) / Cost of Goods Sold (Q: Jun. 2002 )*Days in Period
=( (3.743 + 4.038) / 2 ) / 0.388*365 / 4
=3.8905 / 0.388*365 / 4
=914.97

* 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 914.97 mean?
Meltronix (MTNX) has a Days Payable of 914.97 as of Jun. 2002. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Meltronix and its competitors.
Is Meltronix's Days Payable too high?
Meltronix's current Days Payable is 914.97. The Semiconductors industry median Days Payable is 53.06. Meltronix's value of 914.97 is 1624.4% above this industry median.
How does Meltronix's Days Payable compare to MTLK and SPRS?
Meltronix's Days Payable of 914.97 can be compared against companies in the Semiconductors industry. The industry median Days Payable is 53.06. Meltronix's value of 914.97 is 1624.4% above 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 a Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 999 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. Meltronix's current Days Payable of 914.97 is 1624.4% above 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 Meltronix and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meltronix's current Days Payable is 914.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meltronix stock overvalued right now?
Meltronix (MTNX) has a current Days Payable of 914.97. The current Days Payable is 914.97 and 1624.4% above the Semiconductors industry median of 53.06. 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 Meltronix (MTNX), the current Days Payable is 914.97 as of Jun. 2002. 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.