Mesa Laboratories (Mesa Laboratories) Days Payable : 21.29 (As of Dec. 2023)

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What is Mesa Laboratories Days Payable?

Mesa Laboratories's average Accounts Payable for the three months ended in Dec. 2023 was $4.7 Mil. Mesa Laboratories's Cost of Goods Sold for the three months ended in Dec. 2023 was $20.1 Mil. Hence, Mesa Laboratories's Days Payable for the three months ended in Dec. 2023 was 21.29.

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

MLAB' s Days Payable Range Over the Past 10 Years
Min: 19.97 Med: 27.76 Max: 30.65
Current: 24.08

During the past 13 years, Mesa Laboratories's highest Days Payable was 30.65. The lowest was 19.97. And the median was 27.76.

MLAB's Days Payable is ranked worse than
92.69% of 2421 companies
in the Hardware industry
Industry Median: 67.83 vs MLAB: 24.08

Mesa Laboratories's Days Payable declined from Dec. 2022 (29.73) to Dec. 2023 (21.29). It may suggest that Mesa Laboratories accelerated paying its suppliers.

Mesa Laboratories Days Payable Historical Data

The historical data trend for Mesa Laboratories'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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Mesa Laboratories Days Payable Chart

Mesa Laboratories Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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22.82

21.99

30.65

30.00

29.99

Mesa Laboratories Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															29.73	25.31	27.48	22.53	21.29

Competitive Comparison of Mesa Laboratories's Days Payable

For the Scientific & Technical Instruments subindustry, Mesa Laboratories'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.

Mesa Laboratories's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Mesa Laboratories's Days Payable falls into.

Mesa Laboratories 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.

Mesa Laboratories'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
=	( (7.897	+	6.134)	/	2 )	/	85.387	*	365
=	7.0155					/	85.387	*	365
=	29.99

Mesa Laboratories's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (4.81	+	4.554)	/	2 )	/	20.071	*	365 / 4
=	4.682					/	20.071	*	365 / 4
=	21.29

Mesa Laboratories Days Payable Related Terms

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Mesa Laboratories (Mesa Laboratories) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mesa Laboratories Inc (NAS:MLAB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

12100 West Sixth Avenue, Lakewood, CO, USA, 80228

Website

https://www.mesalabs.com

Mesa Laboratories Inc manufactures life sciences tools and critical quality control products. It operates in 4 divisions: Sterilization and Disinfection Control, which manufactures and sells biological, cleaning, and chemical indicators. It also provides testing and laboratory services, mainly to the dental industry; Biopharmaceutical Development segment develops, manufactures, and sells automated systems for protein analysis (immunoassays) and peptide synthesis solutions; Calibration Solutions division develops, manufactures, and sells quality control and calibration products used to measure or calibrate temperature, pressure, pH, humidity, and other such parameters for health and safety purposes; and Clinical Genomics. Its geographical segments include United States and Foreign.

Executives

Brian David Archbold	officer: SVP of Continuous Improvement	12100 W. 6TH AVENUE, LAKEWOOD CO 80228
John Bradley Schmieder	director	C/O MESA LABORATORIES, INC., 12100 W. 6TH AVENUE, LAKEWOOD CO 80228
Gary M Owens	officer: COO	12100 W. 6TH AVENUE, LAKEWOOD CO 80228
John V Sakys	officer: VP Finance, CFO	MESA LABORATORIES, INC., 12100 W. 6TH AVENUE, LAKEWOOD CO 80228
Shannon Hall	director	1000 ALFRED NOBEL DRIVE, HERCULES CA 94547
Evan Guillemin	director	380 LAFAYETTE STREET, SIXTH FLOOR, NEW YORK NY 10003
R Tony Tripeny	director	ONE RIVERFRONT PLAZA, CORNING NY 14831
Gregory Dinoia	officer: SVP Commercial Operations	12100 W. 6TH AVENUE, LAKEWOOD CO 80228
Mesa Laboratories Inc /co/	director	12100 W 6TH AVE, LAKEWOOD CO 80228
John James Sullivan	officer: VP Sales & Marketing	12100 W. 6TH AVENUE, LAKEWOOD CO 80228
David M Kelly	director
Shiraz Shabanali Ladiwala	director	C/O THERMO FISHER SCIENTIFIC INC., 168 THIRD AVENUE, WALTHAM MA 02451
Robert V Dwyer	director	12100 W 6TH AVE, LAKEWOOD CO 80228
Jennifer Sadie Alltoft	director	12100 W. 6TH AVENUE, LAKEWOOD CO 80228
David Brian Perez	director	12100 6TH AVENUE, LAKEWOOD CO 80228