QURT (Quarta-Rad) Days Payable : 2,208.25 (As of Sep. 2024)

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What is Quarta-Rad Days Payable?

Quarta-Rad's average Accounts Payable for the three months ended in Sep. 2024 was $0.12 Mil. Quarta-Rad's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.01 Mil. Hence, Quarta-Rad's Days Payable for the three months ended in Sep. 2024 was 2,208.25.

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

QURT' s Days Payable Range Over the Past 10 Years
Min: 0.78 Med: 37.31 Max: 335.69
Current: 335.69

During the past 9 years, Quarta-Rad's highest Days Payable was 335.69. The lowest was 0.78. And the median was 37.31.

QURT's Days Payable is ranked better than
95.83% of 2398 companies
in the Hardware industry
Industry Median: 68.685 vs QURT: 335.69

Quarta-Rad's Days Payable increased from Sep. 2023 (179.41) to Sep. 2024 (2,208.25). It may suggest that Quarta-Rad delayed paying its suppliers.

Quarta-Rad Days Payable Historical Data

The historical data trend for Quarta-Rad'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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Quarta-Rad Days Payable Chart

Quarta-Rad Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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38.93

57.44

37.31

42.06

105.57

Quarta-Rad Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															179.41	109.69	1,008.31	590.59	2,208.25

Competitive Comparison of Quarta-Rad's Days Payable

For the Scientific & Technical Instruments subindustry, Quarta-Rad'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.

Quarta-Rad's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Quarta-Rad's Days Payable falls into.

Quarta-Rad 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.

Quarta-Rad'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
=	( (0.083	+	0.105)	/	2 )	/	0.325	*	365
=	0.094					/	0.325	*	365
=	105.57

Quarta-Rad'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
=	( (0.117	+	0.125)	/	2 )	/	0.005	*	365 / 4
=	0.121					/	0.005	*	365 / 4
=	2,208.25

Quarta-Rad Days Payable Related Terms

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

Quarta-Rad Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Quarta-Rad Inc (OTCPK:QURT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1201 N. Orange Street, Suite 700, Wilmington, DE, USA, 19801

Website

https://www.quartarad.com

Quarta-Rad Inc is a manufacturer and world wide distributor of radioactivity detection equipment and air quality measurement instruments. Its products include radiation detectors, EMI Detection Equipment, Light and brightness Detection Equipment, and radon monitors. It distributes and sells detection devices for homeowners, homebuilders, and home renovation contractors. It has two operating segments through the operations of Quarta-Rad and Sellavir. The majority of revenue is from the Quarta-Rad segment.

Executives

Victor Shvetsky	director, 10 percent owner, officer: Chief Executive Officer	23078 VIA PIMIENTO, MISSION VIEJO CA 92691
Alexey Golovanov	director, 10 percent owner, officer: President	2-99, B.TULSKAYA, MOSCOW 1Z 115191

Quarta-Rad Headlines

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