THLEF (Thales) Days Payable : 137.04 (As of Jun. 2024)

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What is Thales Days Payable?

Thales's average Accounts Payable for the six months ended in Jun. 2024 was $5,646 Mil. Thales's Cost of Goods Sold for the six months ended in Jun. 2024 was $7,519 Mil. Hence, Thales's Days Payable for the six months ended in Jun. 2024 was 137.04.

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

THLEF' s Days Payable Range Over the Past 10 Years
Min: 63.7 Med: 98.13 Max: 170.47
Current: 151.14

During the past 13 years, Thales's highest Days Payable was 170.47. The lowest was 63.70. And the median was 98.13.

THLEF's Days Payable is ranked better than
72.24% of 299 companies
in the Aerospace & Defense industry
Industry Median: 71.58 vs THLEF: 151.14

Thales's Days Payable increased from Jun. 2023 (136.76) to Jun. 2024 (137.04). It may suggest that Thales delayed paying its suppliers.

Thales Days Payable Historical Data

The historical data trend for Thales'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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Thales Days Payable Chart

Thales Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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172.40

130.60

66.85

65.62

69.16

Thales Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															130.57	121.64	136.76	124.94	137.04

Competitive Comparison of Thales's Days Payable

For the Aerospace & Defense subindustry, Thales'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.

Thales's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Thales's Days Payable distribution charts can be found below:

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

Thales 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.

Thales'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
=	( (2656.356	+	2989.204)	/	2 )	/	14898.582	*	365
=	2822.78					/	14898.582	*	365
=	69.16

Thales's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (2989.204	+	8302.799)	/	2 )	/	7518.729	*	365 / 2
=	5646.0015					/	7518.729	*	365 / 2
=	137.04

Thales Days Payable Related Terms

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Thales Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Thales (OTCPK:THLEF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

THLLY:USA HOp:UK 0IW5:UK HO:France CSF:Germany THAL:Austria

Address

4, rue de la Verrerie, Meudon, FRA, 92190

Website

https://www.thalesgroup.com

Thales is a French aerospace and defense industrial and one of Europe's largest defense contractors with EUR 18 billion in sales. The company has three reportable segments: (1) Defense and security provides sensors, mission systems, communications, and control systems to European and export defense customers; (2) Aerospace sells avionics and satellites to the civil, defense, and governmental markets; and (3) Digital identity and security provides biometric, data and identity security solutions, payments services, and the manufacturing of SIM cards.