Fathom Digital Manufacturing (Fathom Digital Manufacturing) Days Payable : 35.89 (As of Dec. 2023)

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What is Fathom Digital Manufacturing Days Payable?

Fathom Digital Manufacturing's average Accounts Payable for the three months ended in Dec. 2023 was $9.2 Mil. Fathom Digital Manufacturing's Cost of Goods Sold for the three months ended in Dec. 2023 was $23.4 Mil. Hence, Fathom Digital Manufacturing's Days Payable for the three months ended in Dec. 2023 was 35.89.

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

FATH' s Days Payable Range Over the Past 10 Years
Min: 27.92 Med: 30.74 Max: 48.62
Current: 34.31

During the past 4 years, Fathom Digital Manufacturing's highest Days Payable was 48.62. The lowest was 27.92. And the median was 30.74.

FATH's Days Payable is ranked worse than
76.12% of 469 companies
in the Conglomerates industry
Industry Median: 58.29 vs FATH: 34.31

Fathom Digital Manufacturing's Days Payable increased from Dec. 2022 (28.29) to Dec. 2023 (35.89). It may suggest that Fathom Digital Manufacturing delayed paying its suppliers.

Fathom Digital Manufacturing Days Payable Historical Data

The historical data trend for Fathom Digital Manufacturing'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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Fathom Digital Manufacturing Days Payable Chart

Fathom Digital Manufacturing Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

48.62

27.92

28.34

33.14

Fathom Digital Manufacturing Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial								28.29	30.19	33.53	38.78	35.89

Competitive Comparison of Fathom Digital Manufacturing's Days Payable

For the Conglomerates subindustry, Fathom Digital Manufacturing'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.

Fathom Digital Manufacturing's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Fathom Digital Manufacturing's Days Payable distribution charts can be found below:

* The bar in red indicates where Fathom Digital Manufacturing's Days Payable falls into.

Fathom Digital Manufacturing 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.

Fathom Digital Manufacturing'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
=	( (7.982	+	9.018)	/	2 )	/	93.608	*	365
=	8.5					/	93.608	*	365
=	33.14

Fathom Digital Manufacturing'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
=	( (9.401	+	9.018)	/	2 )	/	23.412	*	365 / 4
=	9.2095					/	23.412	*	365 / 4
=	35.89

Fathom Digital Manufacturing Days Payable Related Terms

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Fathom Digital Manufacturing (Fathom Digital Manufacturing) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Fathom Digital Manufacturing Corp (NYSE:FATH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1050 Walnut Ridge Drive, Hartland, WI, USA, 53029

Website

https://www.fathommfg.com

Fathom Digital Manufacturing Corp is an on-demand digital manufacturing platform in North America, serving comprehensive product development and low- to mid-volume manufacturing needs. The company blends in-house capabilities across plastic and metal additive technologies, CNC machining, injection molding & tooling, sheet metal fabrication, and design and engineering.