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Delta Technologies (BUD:DELTA) Days Payable : 59.71 (As of Dec. 2023)


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What is Delta Technologies Days Payable?

Delta Technologies's average Accounts Payable for the six months ended in Dec. 2023 was Ft4,818 Mil. Delta Technologies's Cost of Goods Sold for the six months ended in Dec. 2023 was Ft14,726 Mil. Hence, Delta Technologies's Days Payable for the six months ended in Dec. 2023 was 59.71.

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

BUD:DELTA' s Days Payable Range Over the Past 10 Years
Min: 18.79   Med: 204.7   Max: 1726.98
Current: 75.51

During the past 13 years, Delta Technologies's highest Days Payable was 1726.98. The lowest was 18.79. And the median was 204.70.

BUD:DELTA's Days Payable is ranked better than
61.56% of 2531 companies
in the Software industry
Industry Median: 50.13 vs BUD:DELTA: 75.51

Delta Technologies's Days Payable declined from Dec. 2022 (93.52) to Dec. 2023 (59.71). It may suggest that Delta Technologies accelerated paying its suppliers.


Delta Technologies Days Payable Historical Data

The historical data trend for Delta Technologies'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.

Delta Technologies Days Payable Chart

Delta Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 220.66 145.52 18.79 57.41 96.14

Delta Technologies Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only 71.38 51.07 93.52 81.42 59.71

Competitive Comparison of Delta Technologies's Days Payable

For the Information Technology Services subindustry, Delta Technologies'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.


Delta Technologies's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Delta Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Delta Technologies's Days Payable falls into.



Delta Technologies 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.

Delta Technologies's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (6111.366 + 2259.319) / 2 ) / 15889.22*365
=4185.3425 / 15889.22*365
=96.14

Delta Technologies'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (2259.319 + 7376.582) / 2 ) / 14725.559*365 / 2
=4817.9505 / 14725.559*365 / 2
=59.71

* 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.


Delta Technologies Days Payable Related Terms

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Delta Technologies (BUD:DELTA) Business Description

Traded in Other Exchanges
Address
70-74. Robert Karoly korut, Budapest, HUN, 1134
Delta Technologies PLC is an information technology company. The company provides complex infrastructure solutions like architecture planning, networking solutions, hardware design and installation, as well as application integration.

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