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Ferrotec Holdings (Ferrotec Holdings) Days Payable : 78.55 (As of Dec. 2023)


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What is Ferrotec Holdings Days Payable?

Ferrotec Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $255 Mil. Ferrotec Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $296 Mil. Hence, Ferrotec Holdings's Days Payable for the three months ended in Dec. 2023 was 78.55.

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

FRRZF' s Days Payable Range Over the Past 10 Years
Min: 84.01   Med: 118.11   Max: 195.89
Current: 101.7

During the past 13 years, Ferrotec Holdings's highest Days Payable was 195.89. The lowest was 84.01. And the median was 118.11.

FRRZF's Days Payable is ranked better than
77.82% of 965 companies
in the Semiconductors industry
Industry Median: 51.8 vs FRRZF: 101.70

Ferrotec Holdings's Days Payable declined from Dec. 2022 (80.74) to Dec. 2023 (78.55). It may suggest that Ferrotec Holdings accelerated paying its suppliers.

Ferrotec Holdings Days Payable Historical Data

The historical data trend for Ferrotec Holdings'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.

Ferrotec Holdings Days Payable Chart

Ferrotec Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 192.65 169.44 143.22 121.89 127.89

Ferrotec Holdings 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 106.71 121.98 93.94 78.55 104.29

Competitive Comparison of Ferrotec Holdings's Days Payable

For the Semiconductors subindustry, Ferrotec Holdings'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.

Ferrotec Holdings's Days Payable Distribution in the Semiconductors Industry

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

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


Ferrotec Holdings 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.

Ferrotec Holdings's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (389.521 + 324.132) / 2 ) / 1018.391*365
=356.8265 / 1018.391*365
=127.89

Ferrotec Holdings'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
=( (243.316 + 266.805) / 2 ) / 296.281*365 / 4
=255.0605 / 296.281*365 / 4
=78.55

* 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.

Ferrotec Holdings Days Payable Related Terms

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Ferrotec Holdings (Ferrotec Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Ferrotec Holdings Corp (OTCPK:FRRZF) » Definitions » Days Payable
Comparable Companies
TSE:3156 TSE:6875 TSE:6707 TSE:3445 TSE:8084 TSE:7467 TSE:2737 TSE:8150 TSE:6338 TSE:7420 NVDA TPE:2330 AVGO AMD INTC TXN QCOM ADI MU XKRX:000660
Traded in Other Exchanges
6890:Japan FER:Germany
Address
2-3-4 Nihonbashi, Chuo-ku, Nihonbashi Plaza Building, Tokyo, JPN, 103-0027
Website
http://www.ferrotec.co.jp
Ferrotec Holdings Corp is a manufacturer of semiconductor equipment related products. The company operates through four business segments. Its Electronic device segment manufactures thermo-electric modules, ferrofluid, and power semiconductor substrate. The Equipment-related segment is engaged in the production and sale of vacuum seal, quartz products, ceramics and silicon products, silicon parts, and wafer products. Its Photovoltaic segment is involved in the formation of silicon crystal equipment, quartz crucible, and silicon for the solar cell. The company's Other segment comprises of laundry and other related industrial equipment.