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Broadwind (STU:9IRA) Days Payable : 49.72 (As of Dec. 2024)


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What is Broadwind Days Payable?

Broadwind's average Accounts Payable for the three months ended in Dec. 2024 was €15.5 Mil. Broadwind's Cost of Goods Sold for the three months ended in Dec. 2024 was €28.4 Mil. Hence, Broadwind's Days Payable for the three months ended in Dec. 2024 was 49.72.

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

STU:9IRA' s Days Payable Range Over the Past 10 Years
Min: 29.93   Med: 39.03   Max: 55.09
Current: 51.73

During the past 13 years, Broadwind's highest Days Payable was 55.09. The lowest was 29.93. And the median was 39.03.

STU:9IRA's Days Payable is ranked worse than
68.25% of 2942 companies
in the Industrial Products industry
Industry Median: 76.25 vs STU:9IRA: 51.73

Broadwind's Days Payable declined from Dec. 2023 (53.68) to Dec. 2024 (49.72). It may suggest that Broadwind accelerated paying its suppliers.


Broadwind Days Payable Historical Data

The historical data trend for Broadwind'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.

Broadwind Days Payable Chart

Broadwind Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.60 43.44 45.82 50.98 53.85

Broadwind 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 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 53.68 54.43 47.40 50.88 49.72

Competitive Comparison of Broadwind's Days Payable

For the Specialty Industrial Machinery subindustry, Broadwind'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.


Broadwind's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Broadwind's Days Payable distribution charts can be found below:

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


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Broadwind 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.

Broadwind's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (19.008 + 15.356) / 2 ) / 116.46*365
=17.182 / 116.46*365
=53.85

Broadwind'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
=( (15.633 + 15.356) / 2 ) / 28.437*365 / 4
=15.4945 / 28.437*365 / 4
=49.72

* 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.


Broadwind Days Payable Related Terms

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Broadwind Business Description

Traded in Other Exchanges
Address
3240 S. Central Avenue, Cicero, IL, USA, 60804
Broadwind Inc is a precision manufacturer of structures, equipment and components for clean technology and other specialized applications. The company provide technologically high value products to customers with complex systems and stringent quality standards that operate in energy, mining and infrastructure sectors, in the United States of America. It capabilities include heavy fabrications, welding, metal rolling, coatings, gear cutting and shaping, gearbox manufacturing and repair, heat treat, assembly, engineering and packaging solutions. It operates through four operating segments namely Heavy Fabrications, Gearing, Industrial Solutions and Corporate.

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