SatixFy Communications (SatixFy Communications) Days Payable : 96.68 (As of Dec. 2023)

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What is SatixFy Communications Days Payable?

SatixFy Communications's average Accounts Payable for the three months ended in Dec. 2023 was $1.66 Mil. SatixFy Communications's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.57 Mil. Hence, SatixFy Communications's Days Payable for the three months ended in Dec. 2023 was 96.68.

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

SATX' s Days Payable Range Over the Past 10 Years
Min: 87.19 Med: 364.21 Max: 852.98
Current: 219.1

During the past 4 years, SatixFy Communications's highest Days Payable was 852.98. The lowest was 87.19. And the median was 364.21.

SATX's Days Payable is ranked better than
91.53% of 2421 companies
in the Hardware industry
Industry Median: 67.93 vs SATX: 219.10

SatixFy Communications's Days Payable increased from Sep. 2022 (82.60) to Dec. 2023 (96.68). It may suggest that SatixFy Communications delayed paying its suppliers.

SatixFy Communications Days Payable Historical Data

The historical data trend for SatixFy Communications'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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SatixFy Communications Days Payable Chart

SatixFy Communications Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

852.98

323.46

404.96

87.19

SatixFy Communications Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial					82.60	92.84	123.91	-	96.68

Competitive Comparison of SatixFy Communications's Days Payable

For the Communication Equipment subindustry, SatixFy Communications'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.

SatixFy Communications's Days Payable Distribution in the Hardware Industry

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

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

SatixFy Communications 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.

SatixFy Communications'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
=	( (1.459	+	1.378)	/	2 )	/	5.938	*	365
=	1.4185					/	5.938	*	365
=	87.19

SatixFy Communications'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
=	( (1.951	+	1.378)	/	2 )	/	1.571	*	365 / 4
=	1.6645					/	1.571	*	365 / 4
=	96.68

SatixFy Communications Days Payable Related Terms

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SatixFy Communications (SatixFy Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SatixFy Communications Ltd (AMEX:SATX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Hamada Street, Rehovot, ISR, 670315

Website

https://www.satixfy.com

SatixFy Communications Ltd develops end-to-end next-generation satellite communications systems, including satellite payloads, user terminals and modems, based on powerful chipsets that it develops in house. Its products include modems that feature Software Defined Radio and Fully Electronically Steered Multi Beam Antennas that support the advanced communications standard DVB-S2X. Geographical presence in U.S, Canada, UK and Other countries. Majority of its company revenue comes from U.S and Canada.