GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tantalus Systems Holding Inc (OTCPK:TGMPF) » Definitions » Days Payable

TGMPF (Tantalus Systems Holding) Days Payable : 125.87 (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Tantalus Systems Holding Days Payable?

Tantalus Systems Holding's average Accounts Payable for the three months ended in Dec. 2024 was $8.27 Mil. Tantalus Systems Holding's Cost of Goods Sold for the three months ended in Dec. 2024 was $6.00 Mil. Hence, Tantalus Systems Holding's Days Payable for the three months ended in Dec. 2024 was 125.87.

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

TGMPF' s Days Payable Range Over the Past 10 Years
Min: 110.02   Med: 128.72   Max: 187.36
Current: 187.36

During the past 4 years, Tantalus Systems Holding's highest Days Payable was 187.36. The lowest was 110.02. And the median was 128.72.

TGMPF's Days Payable is ranked better than
84.57% of 2942 companies
in the Industrial Products industry
Industry Median: 76.615 vs TGMPF: 187.36

Tantalus Systems Holding's Days Payable declined from Sep. 2023 (224.51) to Dec. 2024 (125.87). It may suggest that Tantalus Systems Holding accelerated paying its suppliers.


Tantalus Systems Holding Days Payable Historical Data

The historical data trend for Tantalus Systems Holding'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.

Tantalus Systems Holding Days Payable Chart

Tantalus Systems Holding Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Days Payable
110.01 122.29 146.65 141.99

Tantalus Systems Holding Quarterly Data
Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 224.51 181.46 160.54 146.35 125.87

Competitive Comparison of Tantalus Systems Holding's Days Payable

For the Electrical Equipment & Parts subindustry, Tantalus Systems Holding'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.


Tantalus Systems Holding's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Tantalus Systems Holding's Days Payable falls into.


;
;

Tantalus Systems Holding 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.

Tantalus Systems Holding'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
=( (7.799 + 7.986) / 2 ) / 20.289*365
=7.8925 / 20.289*365
=141.99

Tantalus Systems Holding'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
=( (8.553 + 7.986) / 2 ) / 5.995*365 / 4
=8.2695 / 5.995*365 / 4
=125.87

* 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.


Tantalus Systems Holding Days Payable Related Terms

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


Tantalus Systems Holding Business Description

Traded in Other Exchanges
Address
3555 Gilmore Way, Suite 200, Burnaby, BC, CAN, V5G 0B3
Tantalus Systems Holding Inc Canada-based company engaged in developing and delivering purpose-built smart grid solutions for public power and electric cooperative utilities. Its segments include the Connected Devices and Infrastructure Segment and Utility Software Applications and Services, and the majority of the revenue comes from Utility Software Applications and Services. Geographic regions are the United States, Canada, and Others, and the majority of the revenue comes from the United States.