Tronics Microsystems (XPAR:ALTRO) Days Payable : 140.28 (As of Sep. 2023)

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What is Tronics Microsystems Days Payable?

Tronics Microsystems's average Accounts Payable for the six months ended in Sep. 2023 was €1.40 Mil. Tronics Microsystems's Cost of Goods Sold for the six months ended in Sep. 2023 was €1.82 Mil. Hence, Tronics Microsystems's Days Payable for the six months ended in Sep. 2023 was 140.28.

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

XPAR:ALTRO' s Days Payable Range Over the Past 10 Years
Min: 111.48 Med: 157.04 Max: 263.69
Current: 135.68

During the past 11 years, Tronics Microsystems's highest Days Payable was 263.69. The lowest was 111.48. And the median was 157.04.

XPAR:ALTRO's Days Payable is ranked better than
84.66% of 965 companies
in the Semiconductors industry
Industry Median: 51.74 vs XPAR:ALTRO: 135.68

Tronics Microsystems's Days Payable increased from Sep. 2022 (122.77) to Sep. 2023 (140.28). It may suggest that Tronics Microsystems delayed paying its suppliers.

Tronics Microsystems Days Payable Historical Data

The historical data trend for Tronics Microsystems'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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Tronics Microsystems Days Payable Chart

Tronics Microsystems Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

148.75

165.32

122.20

120.98

111.48

Tronics Microsystems Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															94.82	289.27	122.77	128.75	140.28

Competitive Comparison of Tronics Microsystems's Days Payable

For the Semiconductor Equipment & Materials subindustry, Tronics Microsystems'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.

Tronics Microsystems's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tronics Microsystems's Days Payable distribution charts can be found below:

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

Tronics Microsystems 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.

Tronics Microsystems's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0.889	+	1.348)	/	2 )	/	3.662	*	365
=	1.1185					/	3.662	*	365
=	111.48

Tronics Microsystems's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (1.348	+	1.456)	/	2 )	/	1.824	*	365 / 2
=	1.402					/	1.824	*	365 / 2
=	140.28

Tronics Microsystems Days Payable Related Terms

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Tronics Microsystems (XPAR:ALTRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tronics Microsystems (XPAR:ALTRO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

98 rue du Pré de l’Horme, Crolles, Cedex, FRA, 38926

Website

http://www.tronicsgroup.com

Tronics Microsystems is a MEMS manufacturer. The company manufactures accelerometers, gyroscopes, micropumps, pressure sensors, switches, biodetectors, and other MEMS, as well as providing MEMS foundry and wafer fab manufacturing solutions. The products of the company are used in the aviation sector, medical sector, and oil & gas sector.

Tronics Microsystems (XPAR:ALTRO) Headlines

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