VNWTF (Vecima Networks) Days Payable : 90.12 (As of Sep. 2024)

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What is Vecima Networks Days Payable?

Vecima Networks's average Accounts Payable for the three months ended in Sep. 2024 was $34.8 Mil. Vecima Networks's Cost of Goods Sold for the three months ended in Sep. 2024 was $35.2 Mil. Hence, Vecima Networks's Days Payable for the three months ended in Sep. 2024 was 90.12.

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

VNWTF' s Days Payable Range Over the Past 10 Years
Min: 25.72 Med: 40.2 Max: 131.22
Current: 131.22

During the past 13 years, Vecima Networks's highest Days Payable was 131.22. The lowest was 25.72. And the median was 40.20.

VNWTF's Days Payable is ranked better than
80.37% of 2409 companies
in the Hardware industry
Industry Median: 68.75 vs VNWTF: 131.22

Vecima Networks's Days Payable declined from Sep. 2023 (135.68) to Sep. 2024 (90.12). It may suggest that Vecima Networks accelerated paying its suppliers.

Vecima Networks Days Payable Historical Data

The historical data trend for Vecima Networks'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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Vecima Networks Days Payable Chart

Vecima Networks Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

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48.21

33.05

52.66

46.86

66.45

Vecima Networks 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															135.68	212.17	146.54	93.44	90.12

Competitive Comparison of Vecima Networks's Days Payable

For the Communication Equipment subindustry, Vecima Networks'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.

Vecima Networks's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Vecima Networks's Days Payable distribution charts can be found below:

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

Vecima Networks 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.

Vecima Networks's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (14.496	+	26.519)	/	2 )	/	112.647	*	365
=	20.5075					/	112.647	*	365
=	66.45

Vecima Networks'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
=	( (26.519	+	43.086)	/	2 )	/	35.238	*	365 / 4
=	34.8025					/	35.238	*	365 / 4
=	90.12

Vecima Networks Days Payable Related Terms

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Vecima Networks Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vecima Networks Inc (OTCPK:VNWTF) » Definitions » Days Payable

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VCM:Canada

Address

771 Vanalman Avenue, Victoria, BC, CAN, V8Z 3B8

Website

https://www.vecima.com

Vecima Networks Inc is engaged in Video and Broadband Solutions business designs, manufactures and sells products for the cable industry. The Company's Content Delivery and Storage business includes solutions and software for industries and customers that focus on storing, protecting, transforming, and delivering high-value media assets. The Company's Telematics business provides fleet managers key information and analytics require to optimally manage business.