SiTime (SiTime) Days Payable : 51.23 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is SiTime Days Payable?

SiTime's average Accounts Payable for the three months ended in Dec. 2023 was $10.5 Mil. SiTime's Cost of Goods Sold for the three months ended in Dec. 2023 was $18.7 Mil. Hence, SiTime's Days Payable for the three months ended in Dec. 2023 was 51.23.

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

SITM' s Days Payable Range Over the Past 10 Years
Min: 31.5 Med: 40.31 Max: 69.49
Current: 63.49

During the past 7 years, SiTime's highest Days Payable was 69.49. The lowest was 31.50. And the median was 40.31.

SITM's Days Payable is ranked better than
59.98% of 962 companies
in the Semiconductors industry
Industry Median: 51.78 vs SITM: 63.49

SiTime's Days Payable declined from Dec. 2022 (62.14) to Dec. 2023 (51.23). It may suggest that SiTime accelerated paying its suppliers.

SiTime Days Payable Historical Data

The historical data trend for SiTime'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.

SiTime Days Payable Chart

SiTime Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

36.46

31.50

44.36

50.74

69.49

SiTime Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															62.14	68.78	66.63	64.57	51.23

Competitive Comparison of SiTime's Days Payable

For the Semiconductors subindustry, SiTime'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.

SiTime's Days Payable Distribution in the Semiconductors Industry

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

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

SiTime 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.

SiTime'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
=	( (14.881	+	8.69)	/	2 )	/	61.905	*	365
=	11.7855					/	61.905	*	365
=	69.49

SiTime'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
=	( (12.32	+	8.69)	/	2 )	/	18.71	*	365 / 4
=	10.505					/	18.71	*	365 / 4
=	51.23

SiTime Days Payable Related Terms

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

SiTime (SiTime) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SiTime Corp (NAS:SITM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5451 Patrick Henry Drive, Santa Clara, CA, USA, 95054

Website

https://www.sitime.com

SiTime Corp is a USA-based provider of silicon timing systems solutions. The company designs develops and sell silicon timing systems solutions for different industries including automotive, infrastructure, aerospace-defense, consumer, internet of things, consumer and industrials. Its product offerings include Stratum 3E DCOCXOs, Programmable OCXOs, MHz Oscillators, 32.768 kHz Oscillators, Embedded Resonators, Precision MHz Super-TCXOs, and Ruggedized Oscillators. It sells its products around Taiwan, Hong Kong, the United States, and other regions and generates the majority of its revenue from Taiwan.

Executives

Fariborz Assaderaghi	officer: See Remarks	C/O SITIME CORPORATION, 5451 PATRICK HENRY DR., SANTA CLARA CA 95054
Rajesh Vashist	director, officer: Chief Executive Officer	C/O SITIME CORPORATION, 5451 PATRICK HENRY DR., SANTA CLARA CA 95054
Vincent P Pangrazio	officer: EVP & Chief Legal Officer	C/O CAVIUM NETWORKS, INC., 805 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Piyush B Sevalia	officer: See Remarks	C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Lionel Bonnot	officer: See Remarks	3450 W. WARREN AVENUE, FREMONT CA 94538
Arthur D Chadwick	officer: See Remarks	280 N BERNARDO AVE, MOUNTAIN VIEW CA 94043
Katherine Schuelke	director	47488 KATO ROAD, FREMONT CA 94538
Torsten Kreindl	director	C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Raman Chitkara	director	2100 LOGIC DRIVE, SAN JOSE CA 95124
Edward H. Frank	director	C/O FUSION-IO, INC., 2855 E. COTTONWOOD PARKWAY, SUITE 100, SALT LAKE CITY UT 84121
Tom Dang-hsing Yiu	director	C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Akira Takata	director	C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Christine Heckart	director	C/O LAM RESEARCH CORPORATION, 4650 CUSHING PARKWAY, FREMONT CA 94538
Megachips Corp /fi	10 percent owner	1-1-1 MIYAHARA, YODOGAWA-KU, OSAKA M0 532-0003