Creotech Instruments (WAR:CRI) Days Payable : 570.93 (As of Sep. 2024)

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What is Creotech Instruments Days Payable?

Creotech Instruments's average Accounts Payable for the three months ended in Sep. 2024 was zł15.20 Mil. Creotech Instruments's Cost of Goods Sold for the three months ended in Sep. 2024 was zł2.43 Mil. Hence, Creotech Instruments's Days Payable for the three months ended in Sep. 2024 was 570.93.

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

WAR:CRI' s Days Payable Range Over the Past 10 Years
Min: 156.38 Med: 254.05 Max: 637.11
Current: 637.11

During the past 5 years, Creotech Instruments's highest Days Payable was 637.11. The lowest was 156.38. And the median was 254.05.

WAR:CRI's Days Payable is ranked better than
97.03% of 303 companies
in the Aerospace & Defense industry
Industry Median: 72.44 vs WAR:CRI: 637.11

Creotech Instruments's Days Payable declined from Sep. 2023 (602.19) to Sep. 2024 (570.93). It may suggest that Creotech Instruments accelerated paying its suppliers.

Creotech Instruments Days Payable Historical Data

The historical data trend for Creotech Instruments'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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Creotech Instruments Days Payable Chart

Creotech Instruments Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

469.71

336.51

254.05

156.38

192.12

Creotech Instruments Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial													602.19	364.60	1,068.44	918.26	570.93

Competitive Comparison of Creotech Instruments's Days Payable

For the Aerospace & Defense subindustry, Creotech Instruments'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.

Creotech Instruments's Days Payable Distribution in the Aerospace & Defense Industry

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

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

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Creotech Instruments 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.

Creotech Instruments'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
=	( (3.399	+	8.36)	/	2 )	/	11.17	*	365
=	5.8795					/	11.17	*	365
=	192.12

Creotech Instruments'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
=	( (15.786	+	14.622)	/	2 )	/	2.43	*	365 / 4
=	15.204					/	2.43	*	365 / 4
=	570.93

Creotech Instruments Days Payable Related Terms

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Creotech Instruments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Creotech Instruments SA (WAR:CRI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

5OB:Germany

Address

Gen. L. Okulickiego 7/9, Piaseczno, POL, 05-500

Website

https://www.creotech.pl

Creotech Instruments SA is a provider of advanced space technologies, specialized electronics, and hardware with global applications in areas such as quantum computers, quantum cryptography, quantum physics, and high energy physics laboratories. Its five primary business segments are: NewSpace dedicated to developing a satellite platform and its components; Earth Observation dedicated to developing Earth Observation systems and UAV technology (Unmanned Aerial Vehicle); Science dedicated to developing specialized electronics and components for quantum computers and time synchronization systems; Production dedicated to the manufacture of electronics; ESA Projects dedicated chiefly to projects carried in partnership with or/and commissioned by the European Space Agency (ESA).