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Cepton (Cepton) Days Payable : 83.82 (As of Mar. 2024)


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What is Cepton Days Payable?

Cepton's average Accounts Payable for the three months ended in Mar. 2024 was $1.40 Mil. Cepton's Cost of Goods Sold for the three months ended in Mar. 2024 was $1.52 Mil. Hence, Cepton's Days Payable for the three months ended in Mar. 2024 was 83.82.

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

CPTN' s Days Payable Range Over the Past 10 Years
Min: 54.69   Med: 84.67   Max: 156.21
Current: 66.72

During the past 5 years, Cepton's highest Days Payable was 156.21. The lowest was 54.69. And the median was 84.67.

CPTN's Days Payable is ranked worse than
50.99% of 2420 companies
in the Hardware industry
Industry Median: 67.93 vs CPTN: 66.72

Cepton's Days Payable declined from Mar. 2023 (102.43) to Mar. 2024 (83.82). It may suggest that Cepton accelerated paying its suppliers.


Cepton Days Payable Historical Data

The historical data trend for Cepton'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.

* Premium members only.

Cepton Days Payable Chart

Cepton Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
54.69 84.67 156.21 114.21 59.65

Cepton 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 102.43 86.54 59.28 51.07 83.82

Competitive Comparison of Cepton's Days Payable

For the Scientific & Technical Instruments subindustry, Cepton'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.


Cepton's Days Payable Distribution in the Hardware Industry

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

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



Cepton 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.

Cepton'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
=( (1.979 + 1.128) / 2 ) / 9.506*365
=1.5535 / 9.506*365
=59.65

Cepton'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
=( (1.128 + 1.668) / 2 ) / 1.522*365 / 4
=1.398 / 1.522*365 / 4
=83.82

* 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.


Cepton Days Payable Related Terms

Thank you for viewing the detailed overview of Cepton's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Cepton (Cepton) Business Description

Traded in Other Exchanges
N/A
Address
399 West Trimble Road, San Jose, CA, USA, 95131
Cepton Inc provides lidar-based solutions for a range of markets such as automotive, smart cities, smart spaces and smart industrial applications. The company's patented MMT-based lidar technology enables reliable, scalable and cost-effective solutions that deliver long range, high resolution 3D perception for smart applications.
Executives
Ming Qiu officer: Controller C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Liqun Han officer: SVP of Operations C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Jun Pei director, 10 percent owner, officer: CEO and President C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Mark Mccord officer: Chief Technology Officer C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Hideharu Konagaya director C/O CEPTON, INC., 399 WEST TRIMBLE ROAD, SAN JOSE CA 95131
Paul Anawalt officer: General Counsel and Secretary C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Hull Xu officer: Chief Financial Officer C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Jinying Chen officer: Corporate Controller C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Ldv Partners Fund I, L.p. 10 percent owner 24201 SUMMERHILL AVENUE, LOS ALTOS CA 94024
Xiaogang Zhang director C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Koito Manufacturing Co., Ltd. 10 percent owner 4-8-3, TAKANAWA, MINATO-KU, TOKYO M0 1088711
May Wang director C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Winston S Fu director, 10 percent owner, officer: CFO and Secretary 24201 SUMMERHILL AVENUE, LOS ALTOS CA 94024
Takayuki Katsuda director C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Dongyi Liao officer: SVP of Applications C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131