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Texas Instruments (BSP:TEXA34) Days Payable : 39.04 (As of Mar. 2024)


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What is Texas Instruments Days Payable?

Texas Instruments's average Accounts Payable for the three months ended in Mar. 2024 was R$3,337 Mil. Texas Instruments's Cost of Goods Sold for the three months ended in Mar. 2024 was R$7,798 Mil. Hence, Texas Instruments's Days Payable for the three months ended in Mar. 2024 was 39.04.

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

BSP:TEXA34' s Days Payable Range Over the Past 10 Years
Min: 27.69   Med: 29.79   Max: 46.41
Current: 43.92

During the past 13 years, Texas Instruments's highest Days Payable was 46.41. The lowest was 27.69. And the median was 29.79.

BSP:TEXA34's Days Payable is ranked worse than
58.21% of 962 companies
in the Semiconductors industry
Industry Median: 51.77 vs BSP:TEXA34: 43.92

Texas Instruments's Days Payable declined from Mar. 2023 (54.44) to Mar. 2024 (39.04). It may suggest that Texas Instruments accelerated paying its suppliers.


Texas Instruments Days Payable Historical Data

The historical data trend for Texas Instruments'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.

Texas Instruments Days Payable Chart

Texas Instruments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.38 25.47 29.01 42.78 48.10

Texas Instruments Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.44 54.73 43.05 42.15 39.04

Competitive Comparison of Texas Instruments's Days Payable

For the Semiconductors subindustry, Texas Instruments'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.


Texas Instruments's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Texas Instruments's Days Payable distribution charts can be found below:

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



Texas Instruments 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.

Texas Instruments'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
=( (4463.835 + 3929.64) / 2 ) / 31848.7*365
=4196.7375 / 31848.7*365
=48.10

Texas Instruments'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
=( (3929.64 + 2743.87) / 2 ) / 7798.367*365 / 4
=3336.755 / 7798.367*365 / 4
=39.04

* 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.


Texas Instruments Days Payable Related Terms

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Texas Instruments (BSP:TEXA34) Business Description

Address
12500 TI Boulevard, Dallas, TX, USA, 75243
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.

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