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Plexus (Plexus) Days Payable : 66.00 (As of Dec. 2023)


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What is Plexus Days Payable?

Plexus's average Accounts Payable for the three months ended in Dec. 2023 was $647 Mil. Plexus's Cost of Goods Sold for the three months ended in Dec. 2023 was $894 Mil. Hence, Plexus's Days Payable for the three months ended in Dec. 2023 was 66.00.

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

PLXS' s Days Payable Range Over the Past 10 Years
Min: 57   Med: 63.37   Max: 75.89
Current: 67.35

During the past 13 years, Plexus's highest Days Payable was 75.89. The lowest was 57.00. And the median was 63.37.

PLXS's Days Payable is ranked better than
50.35% of 2419 companies
in the Hardware industry
Industry Median: 67.83 vs PLXS: 67.35

Plexus's Days Payable declined from Dec. 2022 (71.67) to Dec. 2023 (66.00). It may suggest that Plexus accelerated paying its suppliers.


Plexus Days Payable Historical Data

The historical data trend for Plexus'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.

Plexus Days Payable Chart

Plexus Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.44 57.00 68.99 75.89 69.46

Plexus 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 69.91 70.13 66.12 66.00 66.18

Competitive Comparison of Plexus's Days Payable

For the Electronic Components subindustry, Plexus'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.


Plexus's Days Payable Distribution in the Hardware Industry

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

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



Plexus 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.

Plexus's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (805.583 + 646.61) / 2 ) / 3815.751*365
=726.0965 / 3815.751*365
=69.46

Plexus'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
=( (646.61 + 647.386) / 2 ) / 894.467*365 / 4
=646.998 / 894.467*365 / 4
=66.00

* 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.


Plexus Days Payable Related Terms

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


Plexus (Plexus) Business Description

Traded in Other Exchanges
Address
One Plexus Way, P.O. Box 156, Neenah, WI, USA, 54957
Plexus Corp is a U.S based Electronic Manufacturing Services company that provides a range of services, from conceptualization and design to fulfilling orders and providing sustaining solutions, such as replenishment and refurbishment. The company's segments comprise AMER, APAC,ge and EMEA.
Executives
Todd P. Kelsey officer: Sr VP Global Customer Services 55 JEWELERS PARK DRIVE, NEENAH WI 54956
Frank Zycinski officer: Regional President - EMEA ONE PLEXUS WAY, NEENAH WI 54956
Ronnie Darroch officer: Regional President-Plexus EMEA ONE PLEXUS WAY, NEENAH X1 54956
Jennifer Wuamett director 6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
Ninivaggi Angelo Michael Jr officer: Vice Pres., General Counsel 55 JEWELERS PARK DRIVE, NEENAH WI 54956
Patrick John Jermain officer: Vice President & CFO ONE PLEXUS WAY, NEENAH WI 54956
Oliver K. Mihm officer: Sr VP-Global Engineering Servs ONE PLEXUS WAY, NEENAH X1 54956
Steven J. Frisch officer: Sr VP Global Eng Services 55 JEWELERS PARK DRIVE, NEENAH WI 54956
Tan Victor (pang Hau) officer: Regional President - APAC ONE PLEXUS WAY, NEENAH WI 54956
Scott Theune officer: Regional President - AMER ONE PLEXUS WAY, NEENAH WI 54956
J Joel Quadracci director QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Randy J Martinez director HLH BUILDING, 101 WORLD DRIVE, PEACHTREE CITY GA 30269
Michael V Schrock director 5500 WAYZATA BLVD., SUITE 800, GOLDEN VALLEY MN 55416
Dean A Foate director, officer: President and CEO
Stephen P Cortinovis director C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005

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