Dragonfly Energy Holdings (Dragonfly Energy Holdings) Days Payable : 95.59 (As of Mar. 2024)

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What is Dragonfly Energy Holdings Days Payable?

Dragonfly Energy Holdings's average Accounts Payable for the three months ended in Mar. 2024 was $9.90 Mil. Dragonfly Energy Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $9.45 Mil. Hence, Dragonfly Energy Holdings's Days Payable for the three months ended in Mar. 2024 was 95.59.

The historical rank and industry rank for Dragonfly Energy Holdings's Days Payable or its related term are showing as below:

DFLI' s Days Payable Range Over the Past 10 Years
Min: 42.45 Med: 63.44 Max: 112.76
Current: 112.76

During the past 4 years, Dragonfly Energy Holdings's highest Days Payable was 112.76. The lowest was 42.45. And the median was 63.44.

DFLI's Days Payable is ranked better than
67.37% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs DFLI: 112.76

Dragonfly Energy Holdings's Days Payable declined from Mar. 2023 (104.34) to Mar. 2024 (95.59). It may suggest that Dragonfly Energy Holdings accelerated paying its suppliers.

Dragonfly Energy Holdings Days Payable Historical Data

The historical data trend for Dragonfly Energy Holdings'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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Dragonfly Energy Holdings Days Payable Chart

Dragonfly Energy Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

42.45

54.52

72.36

88.49

Dragonfly Energy Holdings Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial									104.34	116.69	120.46	109.36	95.59

Competitive Comparison of Dragonfly Energy Holdings's Days Payable

For the Electrical Equipment & Parts subindustry, Dragonfly Energy Holdings'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.

Dragonfly Energy Holdings's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dragonfly Energy Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Dragonfly Energy Holdings's Days Payable falls into.

Dragonfly Energy Holdings 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.

Dragonfly Energy Holdings'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
=	( (13.475	+	10.258)	/	2 )	/	48.946	*	365
=	11.8665					/	48.946	*	365
=	88.49

Dragonfly Energy Holdings's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (10.258	+	9.55)	/	2 )	/	9.454	*	365 / 4
=	9.904					/	9.454	*	365 / 4
=	95.59

Dragonfly Energy Holdings Days Payable Related Terms

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Dragonfly Energy Holdings (Dragonfly Energy Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dragonfly Energy Holdings Corp (NAS:DFLI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1190 Trademark Drive, No. 108, Reno, NV, USA, 89521

Website

https://www.dragonflyenergy.com

Dragonfly Energy Holdings Corp is a manufacturer of non-toxic deep cycle lithium-ion batteries that are designed to displace lead acid batteries in a number of different storage applications and end markets including RV, marine vessel, and solar and off-grid industries, with disruptive solid-state cell technology currently under development.

Executives

Wade Seaburg	officer: Chief Revenue Officer	C/O DRAGONFLY ENERGY HOLDINGS CORP., 1190 TRADEMARK DRIVE #108, RENO NV 89521
Karina Edmonds	director	1190 TRADEMARK DRIVE, #108, RENO NV 89521
Luisa Ingargiola	director	4826 BLUE JAY CIRCLE, PALM HARBOR FL 34683
Brian James Nelson	director	C/O DRAGONFLY ENERGY CORP., 1190 TRADEMARK DR., SUITE 108, RENO NV 89521
Jonathan Bellows	director	C/O DRAGONFLY ENERGY CORP., 1190 TRADEMARK DR., SUITE 118, RENO NV 89521
Dynavolt Technology (hk) Ltd.	10 percent owner	A1601 COMPREHENSIVE BUSINESS BUILDING, MENGSHI INTERNATIONAL PLAZA,GUANGYI ROAD, CHENG HAI, GUANGDONG F4 00000
Tyler Bourns	officer: Senior VP of Marketing	1190 TRADEMARK DRIVE, #118, RENO NV 89521
Joan Buell	officer: Controller	1190 TRADEMARK DRIVE, #118, RENO NV 89521
Nicole Harvey	officer: Gen Counsel,Comp Off,Corp Sec	1190 TRADEMARK DRIVE, #118, RENO NV 89521
Sean Nichols	officer: Chief Operating Officer	1190 TRADEMARK DRIVE, #108, RENO NV 89521
Denis Phares	director, 10 percent owner, officer: President and CEO	1190 TRADEMARK DRIVE, #108, RENO NV 89521
John Marchetti	officer: Chief Financial Officer	3736 FALLON ROAD #428, DUBLIN CA 94568
Rick Parod	director	2707 N 108TH STREET STE102, OMAHA NE 68164
Roderick A. Hardamon	director	17 STATE STREET, 21ST FLOOR, NEW YORK NY 10004
Hitesh Thakrar	director	17 STATE STREET, 21ST FLOOR, NEW YORK NY 10004