Liquidmetal Technologies (Liquidmetal Technologies) Days Payable : 53.04 (As of Dec. 2023)

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What is Liquidmetal Technologies Days Payable?

Liquidmetal Technologies's average Accounts Payable for the three months ended in Dec. 2023 was $0.11 Mil. Liquidmetal Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.20 Mil. Hence, Liquidmetal Technologies's Days Payable for the three months ended in Dec. 2023 was 53.04.

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

LQMT' s Days Payable Range Over the Past 10 Years
Min: 54.09 Med: 104.98 Max: 211.78
Current: 104.95

During the past 13 years, Liquidmetal Technologies's highest Days Payable was 211.78. The lowest was 54.09. And the median was 104.98.

LQMT's Days Payable is ranked better than
65.27% of 2928 companies
in the Industrial Products industry
Industry Median: 76.275 vs LQMT: 104.95

Liquidmetal Technologies's Days Payable declined from Dec. 2022 (110.00) to Dec. 2023 (53.04). It may suggest that Liquidmetal Technologies accelerated paying its suppliers.

Liquidmetal Technologies Days Payable Historical Data

The historical data trend for Liquidmetal 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.

Liquidmetal Technologies Days Payable Chart

Liquidmetal Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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84.45

99.04

92.12

115.51

92.01

Liquidmetal Technologies 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															110.00	319.38	177.24	135.34	53.04

Competitive Comparison of Liquidmetal Technologies's Days Payable

For the Metal Fabrication subindustry, Liquidmetal 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.

Liquidmetal Technologies's Days Payable Distribution in the Industrial Products Industry

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

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

Liquidmetal 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.

Liquidmetal Technologies'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
=	( (0.088	+	0.094)	/	2 )	/	0.361	*	365
=	0.091					/	0.361	*	365
=	92.01

Liquidmetal 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.135	+	0.094)	/	2 )	/	0.197	*	365 / 4
=	0.1145					/	0.197	*	365 / 4
=	53.04

Liquidmetal Technologies Days Payable Related Terms

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Liquidmetal Technologies (Liquidmetal Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Liquidmetal Technologies Inc (OTCPK:LQMT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

20321 Valencia Circle, Lake Forest, CA, USA, 92630

Website

https://www.liquidmetal.com

Liquidmetal Technologies Inc is a materials technology and manufacturing company that develops and commercializes products made from amorphous alloys. The alloys consist of a variety of proprietary bulk alloys and composites that utilize the advantages offered by amorphous alloy technology. Its product application spreads across various industries which include aerospace components, defense parts, medical devices, sporting goods, leisure products, automotive components, and industrial machines.

Executives

Tony Chung	officer: Vice President of Finance	25800 COMMERCENTRE DRIVE, SUITE 100, LAKE FOREST CA 92630
Bryce Van	officer: Vice President of Finance	LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Paul A Hauck	officer: VP-Worldwide Sales & Marketing	30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Isaac Bresnick	director	C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Vincent Carrubba	director	C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Lugee Li Yeung Tak	director, 10 percent owner	8 FLEMING ROAD, ROOM 906, TAI TUNG BUILDING, WANCHAI K3 999077
Liquidmetal Technology Ltd	10 percent owner	8 FLEMING ROAD, ROOM 906, TAI TUNG BUILDING, WANCHAI K3 999077
Walter Eugen Weyler	director	C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Norden, Llc	10 percent owner	5641 NORTH BROADWAY, DENVER CO 80216
Thomas W Steipp	director, officer: President and CEO
Mark S Hansen	director	4551 W 107TH STREET, SUITE 100, OVERLAND PARK KS 66207
Richard W Sevcik	director	C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Bruce Bromage	officer: EVP-Business Development	C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Robert Howard Anderson	director
Barney D Visser	10 percent owner

Liquidmetal Technologies (Liquidmetal Technologies) Headlines

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