Maritime Launch Services (NEOE:MAXQ) Days Payable : 35,197.15 (As of Mar. 2024)

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What is Maritime Launch Services Days Payable?

Maritime Launch Services's average Accounts Payable for the three months ended in Mar. 2024 was C$3.47 Mil. Maritime Launch Services's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.01 Mil. Hence, Maritime Launch Services's Days Payable for the three months ended in Mar. 2024 was 35,197.15.

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

NEOE:MAXQ' s Days Payable Range Over the Past 10 Years
Min: 10128.75 Med: 21750.68 Max: 32728.33
Current: 32728.33

During the past 5 years, Maritime Launch Services's highest Days Payable was 32728.33. The lowest was 10128.75. And the median was 21750.68.

NEOE:MAXQ's Days Payable is ranked better than
99.66% of 296 companies
in the Aerospace & Defense industry
Industry Median: 74.9 vs NEOE:MAXQ: 32728.33

Maritime Launch Services's Days Payable increased from Mar. 2023 (16,972.50) to Mar. 2024 (35,197.15). It may suggest that Maritime Launch Services delayed paying its suppliers.

Maritime Launch Services Days Payable Historical Data

The historical data trend for Maritime Launch Services'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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Maritime Launch Services Days Payable Chart

Maritime Launch Services Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

21,750.68

10,128.75

22,029.67

Maritime Launch Services Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial											16,972.50	30,259.51	33,762.50	35,546.94	35,197.15

Competitive Comparison of Maritime Launch Services's Days Payable

For the Aerospace & Defense subindustry, Maritime Launch Services'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.

Maritime Launch Services's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Maritime Launch Services's Days Payable distribution charts can be found below:

* The bar in red indicates where Maritime Launch Services's Days Payable falls into.

Maritime Launch Services 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.

Maritime Launch Services'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
=	( (1.081	+	3.506)	/	2 )	/	0.038	*	365
=	2.2935					/	0.038	*	365
=	22,029.67

Maritime Launch Services'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
=	( (3.506	+	3.437)	/	2 )	/	0.009	*	365 / 4
=	3.4715					/	0.009	*	365 / 4
=	35,197.15

Maritime Launch Services Days Payable Related Terms

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Maritime Launch Services (NEOE:MAXQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Maritime Launch Services Inc (NEOE:MAXQ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MAXQF:USA

Address

1883 Upper Water Street, Suite 303, Halifax, NS, CAN, B3J 1S9

Website

https://www.maritimelaunch.com

Maritime Launch Services Inc is a commercial aerospace company responsible for developing Spaceport Nova Scotia, a satellite launching site for the commercial space transportation industry.

Maritime Launch Services (NEOE:MAXQ) Headlines

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