MTLS (Materialise NV) Days Payable : 62.99 (As of Jun. 2024)

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What is Materialise NV Days Payable?

Materialise NV's average Accounts Payable for the three months ended in Jun. 2024 was $23.5 Mil. Materialise NV's Cost of Goods Sold for the three months ended in Jun. 2024 was $34.1 Mil. Hence, Materialise NV's Days Payable for the three months ended in Jun. 2024 was 62.99.

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

MTLS' s Days Payable Range Over the Past 10 Years
Min: 69.66 Med: 79.57 Max: 91.55
Current: 69.66

During the past 13 years, Materialise NV's highest Days Payable was 91.55. The lowest was 69.66. And the median was 79.57.

MTLS's Days Payable is ranked better than
60.62% of 2524 companies
in the Software industry
Industry Median: 48.665 vs MTLS: 69.66

Materialise NV's Days Payable declined from Jun. 2023 (76.06) to Jun. 2024 (62.99). It may suggest that Materialise NV accelerated paying its suppliers.

Materialise NV Days Payable Historical Data

The historical data trend for Materialise NV'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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Materialise NV Days Payable Chart

Materialise NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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78.89

82.62

82.02

79.09

71.95

Materialise NV Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															76.06	75.83	68.32	67.54	62.99

Competitive Comparison of Materialise NV's Days Payable

For the Software - Application subindustry, Materialise NV'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.

Materialise NV's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Materialise NV's Days Payable distribution charts can be found below:

* The bar in red indicates where Materialise NV's Days Payable falls into.

Materialise NV 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.

Materialise NV'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
=	( (24.608	+	23.115)	/	2 )	/	121.044	*	365
=	23.8615					/	121.044	*	365
=	71.95

Materialise NV's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (21.461	+	25.58)	/	2 )	/	34.075	*	365 / 4
=	23.5205					/	34.075	*	365 / 4
=	62.99

Materialise NV Days Payable Related Terms

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Materialise NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Materialise NV (NAS:MTLS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

06MA:Germany

Address

Technologielaan 15, Leuven, BEL, 3001

Website

https://www.materialise.com

Materialise NV is a provider of 3D printing services. The products and services of the group are organized in three segments: Medical segment, which develops and delivers medical software solutions, medical devices, and other related products and services; Software segment, which develops and delivers additive manufacturing software solutions and related services; and Manufacturing segment, which delivers 3D printed products and related services. Its geographical segments are the United States, the Americas (excluding the USA), Belgium, Germany, Poland, France, Switzerland, the United Kingdom, Italy, the Netherlands, Other Europe, and the Asia Pacific.