Kopin (KOPN) Days Payable : 90.46 (As of Dec. 2023)

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What is Kopin Days Payable?

Kopin's average Accounts Payable for the three months ended in Dec. 2023 was $7.13 Mil. Kopin's Cost of Goods Sold for the three months ended in Dec. 2023 was $7.19 Mil. Hence, Kopin's Days Payable for the three months ended in Dec. 2023 was 90.46.

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

KOPN' s Days Payable Range Over the Past 10 Years
Min: 57.54 Med: 74.14 Max: 91.54
Current: 87.9

During the past 13 years, Kopin's highest Days Payable was 91.54. The lowest was 57.54. And the median was 74.14.

KOPN's Days Payable is ranked better than
63.98% of 2421 companies
in the Hardware industry
Industry Median: 67.83 vs KOPN: 87.90

Kopin's Days Payable increased from Dec. 2022 (53.30) to Dec. 2023 (90.46). It may suggest that Kopin delayed paying its suppliers.

Kopin Days Payable Historical Data

The historical data trend for Kopin'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.

Kopin Days Payable Chart

Kopin Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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57.54

60.15

80.80

61.23

91.54

Kopin 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															53.30	63.88	82.83	114.91	90.46

Competitive Comparison of Kopin's Days Payable

For the Electronic Components subindustry, Kopin'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.

Kopin's Days Payable Distribution in the Hardware Industry

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

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

Kopin 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.

Kopin'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
=	( (5.439	+	7.077)	/	2 )	/	24.952	*	365
=	6.258					/	24.952	*	365
=	91.54

Kopin'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
=	( (7.187	+	7.077)	/	2 )	/	7.194	*	365 / 4
=	7.132					/	7.194	*	365 / 4
=	90.46

Kopin Days Payable Related Terms

Thank you for viewing the detailed overview of Kopin's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Kopin (KOPN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kopin Corp (NAS:KOPN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KOC:Germany

Address

125 North Drive, Westborough, MA, USA, 01581-3335

Website

https://www.kopin.com

Kopin Corp is a developer, manufacturer, and seller of components, subassemblies, and head-worn and hand-held systems. It serves soldiers, avionic, armored vehicles and training and simulation military applications, and others. The company's product portfolio includes LCD; ferroelectric liquid crystal on silicon devices (FLCoS); Organic Light Emitting Diodes (OLED) and others. Geographically, it derives a majority of its revenue from the Americas and also has a presence in Asia-Pacific; Europe, and Other Countries.

Executives

Fan John C C	officer: CEO & President	695 MYLES STANDISH BLVD, TAUNTON MA 02780
Scott L Anchin	director	16990 GOLDENTOP ROAD, SUITE A, SAN DIEGO CA 92127
Hsieh Chi Chia Dr	director	MICROCELECTRONICS TECHNOLOGY INC, 1 INNOVATION RD II HISINCHU SCIENCE BASE, HSINCH 30077 TAIWAN ROC F5 02780
James K Brewington	director	600 MOUNTAIN AVE, MURRAY HILL NJ 07974
Michael Andrew Murray	officer: CEO	KOPIN CORPORATION, 125 NORTH DRIVE, WESTBOROUGH MA 01851
Morton Collins	director
Paul Christopher Baker	officer: Strategic Business Officer	C/O KOPIN CORPORATION, 125 NORTH DRIVE, WESTBOROUGH MA 01581
Jill Janice Avery	director	381 BEACON STREET, BOSTON MA 02116
David Brook	director	6 DUSTON LANE, ACTON MA 01720
Richard Sneider	officer: CFO	695 MYLES STANDISH BLVD, TAUNTON MA 02780
Hong K Choi	officer: CTO	C/O KOPIN CORP, 695 MYLAS STANDISH BLVD, TAVNTON MA 02780
Bor Yeu Tsaur	officer: Executive Vice President	C/O KOPIN CORP, 695 MYLAS STANDISH BLVD, TAVNTON MA 02780
Osgood Richard Hoe Iii	director	20 HUNTER RANCH ROAD, NAPA CA 94558
Goertek Inc.	10 percent owner	NO. 268, DONGFANG ROAD, HIGH-TECH INDUSTRIAL DEVELOPMENT ZONE, WEIFANG, SHANDONG PROVINCE F4 261031
Andrew Chapman	director	NARAD NETWORKS, 515 GROTON ROAD, WESTFORD MA 01886