Sigma Additive Solutions (Sigma Additive Solutions) Days Payable : 235.38 (As of Sep. 2023)

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What is Sigma Additive Solutions Days Payable?

Sigma Additive Solutions's average Accounts Payable for the three months ended in Sep. 2023 was $0.45 Mil. Sigma Additive Solutions's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.18 Mil. Hence, Sigma Additive Solutions's Days Payable for the three months ended in Sep. 2023 was 235.38.

The historical rank and industry rank for Sigma Additive Solutions's Days Payable or its related term are showing as below:

SGLBW' s Days Payable Range Over the Past 10 Years
Min: 78.53 Med: 233 Max: 474.04
Current: 464.12

During the past 13 years, Sigma Additive Solutions's highest Days Payable was 474.04. The lowest was 78.53. And the median was 233.00.

SGLBW's Days Payable is ranked better than
91.4% of 756 companies
in the Travel & Leisure industry
Industry Median: 59.645 vs SGLBW: 464.12

Sigma Additive Solutions's Days Payable declined from Sep. 2022 (371.93) to Sep. 2023 (235.38). It may suggest that Sigma Additive Solutions accelerated paying its suppliers.

Sigma Additive Solutions Days Payable Historical Data

The historical data trend for Sigma Additive Solutions'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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Sigma Additive Solutions Days Payable Chart

Sigma Additive Solutions Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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214.15

300.14

264.33

109.17

251.85

Sigma Additive Solutions Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															371.93	839.75	483.34	889.69	235.38

Competitive Comparison of Sigma Additive Solutions's Days Payable

For the Travel Services subindustry, Sigma Additive Solutions'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.

Sigma Additive Solutions's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sigma Additive Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Sigma Additive Solutions's Days Payable falls into.

Sigma Additive Solutions 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.

Sigma Additive Solutions's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.206	+	0.277)	/	2 )	/	0.35	*	365
=	0.2415					/	0.35	*	365
=	251.85

Sigma Additive Solutions'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: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.301	+	0.607)	/	2 )	/	0.176	*	365 / 4
=	0.454					/	0.176	*	365 / 4
=	235.38

Sigma Additive Solutions Days Payable Related Terms

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Sigma Additive Solutions (Sigma Additive Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sigma Additive Solutions (NAS:SGLBW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SASI:USA

Address

3900 Paseo del Sol, Santa Fe, NM, USA, 87507

Website

https://www.sigmaadditive.com

Sigma Additive Solutions Inc is a leading provider of in-process quality assurance (IPQA) software to the additive manufacturing industry. Sigma specializes in the development and commercialization of real-time monitoring and analytics solutions known as PrintRite3D for 3D metal and polymer advanced manufacturing technologies. Its principal business activities include the development of its In-Process Quality Assurance (IPQA) suite of technologies and the commercialization of both its IPQA and materials-related suite of technologies, with its focus on three-dimensional printing (3DP) industry.