VOXX International (FRA:VOX) Days Payable : 33.36 (As of Nov. 2023)

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What is VOXX International Days Payable?

VOXX International's average Accounts Payable for the three months ended in Nov. 2023 was €33.4 Mil. VOXX International's Cost of Goods Sold for the three months ended in Nov. 2023 was €91.4 Mil. Hence, VOXX International's Days Payable for the three months ended in Nov. 2023 was 33.36.

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

FRA:VOX' s Days Payable Range Over the Past 10 Years
Min: 34.08 Med: 41.39 Max: 60.03
Current: 40.1

During the past 13 years, VOXX International's highest Days Payable was 60.03. The lowest was 34.08. And the median was 41.39.

FRA:VOX's Days Payable is ranked worse than
78.34% of 2419 companies
in the Hardware industry
Industry Median: 67.83 vs FRA:VOX: 40.10

VOXX International's Days Payable declined from Nov. 2022 (43.03) to Nov. 2023 (33.36). It may suggest that VOXX International accelerated paying its suppliers.

VOXX International Days Payable Historical Data

The historical data trend for VOXX International'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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VOXX International Days Payable Chart

VOXX International Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Payable

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35.36

33.30

38.89

52.70

49.04

VOXX International Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Payable	Get a 7-Day Free Trial															43.03	38.65	44.63	44.98	33.36

Competitive Comparison of VOXX International's Days Payable

For the Consumer Electronics subindustry, VOXX International'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.

VOXX International's Days Payable Distribution in the Hardware Industry

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

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

VOXX International 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.

VOXX International's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

	Days Payable (A: Feb. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2022 )	+	Accounts Payable (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (67.542	+	32.782)	/	2 )	/	373.334	*	365
=	50.162					/	373.334	*	365
=	49.04

VOXX International's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (33.733	+	33.096)	/	2 )	/	91.4	*	365 / 4
=	33.4145					/	91.4	*	365 / 4
=	33.36

VOXX International Days Payable Related Terms

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VOXX International (FRA:VOX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » VOXX International Corp (FRA:VOX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VOXX:USA VOX:Germany

Address

2351 J. Lawson Boulevard, Orlando, FL, USA, 32824

Website

https://www.voxxintl.com

VOXX International Corp manufacturer and distributor in the Automotive Electronics, Consumer Electronics, and Biometrics industries. The consumer electronic products primarily consist of finished goods sold to retail and commercial customers, consisting of premium audio and other consumer electronic products. Automotive products, some of which are manufactured by the Company, are sold both to OEM and aftermarket customers. Biometric products, primarily consisting of finished goods, are sold to retail and commercial customers.