TIKK (Tel Instrument Electronics) Days Payable: 35.59 (As of Dec. 2024)


TIKK Tel Instrument Electronics Corp TIKK
65 GF Score
Price $1.50
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What is Tel Instrument Electronics Days Payable?

Tel Instrument Electronics TIKK +15.38% 65 Days Payable is 35.59 as of Dec. 2024. GuruFocus rates TIKK with a GF Score™ of 65/100.

Tel Instrument Electronics's average Accounts Payable for the three months ended in Dec. 2024 was $0.91 Mil. Tel Instrument Electronics's Cost of Goods Sold for the three months ended in Dec. 2024 was $2.34 Mil. Hence, Tel Instrument Electronics's Days Payable for the three months ended in Dec. 2024 was 35.59.

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

TIKK's Days Payable is not ranked *
in the Aerospace & Defense industry.
Industry Median: 64.875
* Ranked among companies with meaningful Days Payable only.

Tel Instrument Electronics's Days Payable declined from Dec. 2023 (44.89) to Dec. 2024 (35.59). It may suggest that Tel Instrument Electronics accelerated paying its suppliers.


Tel Instrument Electronics Days Payable Historical Data

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The historical data trend for Tel Instrument Electronics'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.

Tel Instrument Electronics Days Payable Chart

Tel Instrument Electronics Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.17 33.40 23.83 60.93 51.75

Tel Instrument Electronics Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 163.98 54.85 65.44 35.59 56.80

TIKK vs BLIS, HWKE, XERI: Days Payable Comparison

For the Aerospace & Defense subindustry, Tel Instrument Electronics'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.


Tel Instrument Electronics Days Payable vs Aerospace & Defense Industry

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

* The bar in red indicates where Tel Instrument Electronics's Days Payable falls into.


TIKK
65GF Score
Tel Instrument Electronics Corp TIKK
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tel Instrument Electronics 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.

Tel Instrument Electronics's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (0.323 + 1.277) / 2 ) / 4.792*365
=0.8 / 4.792*365
=60.93

Tel Instrument Electronics'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
=( (1.009 + 0.815) / 2 ) / 2.338*365 / 4
=0.912 / 2.338*365 / 4
=35.59

* 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 35.59 mean?
Tel Instrument Electronics (TIKK) has a Days Payable of 35.59 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tel Instrument Electronics and its competitors.
Is Tel Instrument Electronics' Days Payable too high?
Tel Instrument Electronics' current Days Payable is 35.59. The Aerospace & Defense industry median Days Payable is 64.88. Tel Instrument Electronics' value of 35.59 is 45.1% below this industry median. Overall, Tel Instrument Electronics has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Tel Instrument Electronics' Days Payable compare to BLIS and HWKE?
Tel Instrument Electronics' Days Payable of 35.59 can be compared against companies in the Aerospace & Defense industry. The industry median Days Payable is 64.88. Tel Instrument Electronics' value of 35.59 is 45.1% below 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 an Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.88, based on 338 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. Tel Instrument Electronics's current Days Payable of 35.59 is 45.1% below 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 Tel Instrument Electronics and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tel Instrument Electronics's current Days Payable is 35.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tel Instrument Electronics stock overvalued right now?
Tel Instrument Electronics (TIKK) has a current Days Payable of 35.59. The current Days Payable is 35.59 and 45.1% below the Aerospace & Defense industry median of 64.88. Tel Instrument Electronics' overall GF Score™ is 65/100. 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 Tel Instrument Electronics (TIKK), the current Days Payable is 35.59 as of Dec. 2024. 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.

Tel Instrument Electronics Business Description

Address One Branca Road, East Rutherford, NJ, USA, 07073
Tel Instrument Electronics Corp is a designer and manufacturer of avionics test and measurement solutions for commercial air transport, general aviation, and government, military aerospace, and defense markets. It designs, manufactures, and sells instruments to test and measure, and calibrates and repairs airborne navigation and communication equipment. The company's reportable segments are Avionics government and Avionics commercial. The Avionics government segment, which derives key revenue, consists of the design, manufacture, and sale of test equipment to the U.S. and foreign governments and militaries. Geographically, the company generates a majority of its revenue from the United States and the rest from international markets.
65GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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