Sidus Space (Sidus Space) Days Payable : 467.87 (As of Dec. 2023)

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What is Sidus Space Days Payable?

Sidus Space's average Accounts Payable for the three months ended in Dec. 2023 was $5.17 Mil. Sidus Space's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.01 Mil. Hence, Sidus Space's Days Payable for the three months ended in Dec. 2023 was 467.87.

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

SIDU' s Days Payable Range Over the Past 10 Years
Min: 89.27 Med: 92.78 Max: 327.56
Current: 327.56

During the past 5 years, Sidus Space's highest Days Payable was 327.56. The lowest was 89.27. And the median was 92.78.

SIDU's Days Payable is ranked better than
91.28% of 298 companies
in the Aerospace & Defense industry
Industry Median: 78.04 vs SIDU: 327.56

Sidus Space's Days Payable increased from Dec. 2022 (67.07) to Dec. 2023 (467.87). It may suggest that Sidus Space delayed paying its suppliers.

Sidus Space Days Payable Historical Data

The historical data trend for Sidus Space'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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Sidus Space Days Payable Chart

Sidus Space Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

102.50

92.78

90.12

89.27

314.33

Sidus Space Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial										67.07	186.54	370.08	354.29	467.87

Competitive Comparison of Sidus Space's Days Payable

For the Aerospace & Defense subindustry, Sidus Space'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.

Sidus Space's Days Payable Distribution in the Aerospace & Defense Industry

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

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

Sidus Space 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.

Sidus Space'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
=	( (2.05	+	5.394)	/	2 )	/	4.322	*	365
=	3.722					/	4.322	*	365
=	314.33

Sidus Space'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
=	( (4.953	+	5.394)	/	2 )	/	1.009	*	365 / 4
=	5.1735					/	1.009	*	365 / 4
=	467.87

Sidus Space Days Payable Related Terms

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Sidus Space (Sidus Space) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Sidus Space Inc (NAS:SIDU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

150 N. Sykes Creek Parkway, Suite 200, Merritt Island, FL, USA, 32953

Website

https://www.sidusspace.com

Sidus Space Inc is a Space and Defense as-a-Service company focused on providing complex space hardware, satellite/spacecraft design, manufacture, launch, and data solutions for both government and commercial in-space missions for all destinations through the solar system. This includes a Space-based infrastructure of multi-mission satellites with hyperspectral, multi-spectral and other sensors to provide monitoring services and solutions to multiple sectors and industries. The company supports Commercial Space, Aerospace, Defense, Underwater Marine and other commercial and government customers.

Executives

Carol Marlene Craig	director, 10 percent owner, officer: CEO	150 N. SYKES CREEK PKWY, SUITE 200, MERRITT ISLAND FL 32953
Leonardo Riera	director	18688 SEA TURTLE LANE, BOCA RATON FL 33498
Miguel Valero	director	150 N. SYKES CREEK PARKWAY, SUITE 200, MERRITT ISLAND FL 32953
Oliver John Cole	director	150 N. SYKES CREEK PARKWAY, SUITE 200, MERRITT ISLAND FL 32943
Dana S Kilborne	director	102 WEST BAKER STREET, PLANT CITY FL 33563
Scott J Silverman	officer: Chief Financial Officer	1825 PONCE DE LEON BLVD., SUITE 411, CORAL GABLES FL 33134