Snap One Holdings (STU:8W1) Days Payable : 41.87 (As of Mar. 2024)

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What is Snap One Holdings Days Payable?

Snap One Holdings's average Accounts Payable for the three months ended in Mar. 2024 was €58.1 Mil. Snap One Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was €126.6 Mil. Hence, Snap One Holdings's Days Payable for the three months ended in Mar. 2024 was 41.87.

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

STU:8W1' s Days Payable Range Over the Past 10 Years
Min: 38.89 Med: 43.11 Max: 60
Current: 38.89

During the past 5 years, Snap One Holdings's highest Days Payable was 60.00. The lowest was 38.89. And the median was 43.11.

STU:8W1's Days Payable is ranked worse than
79.19% of 2422 companies
in the Hardware industry
Industry Median: 67.8 vs STU:8W1: 38.89

Snap One Holdings's Days Payable declined from Mar. 2023 (45.36) to Mar. 2024 (41.87). It may suggest that Snap One Holdings accelerated paying its suppliers.

Snap One Holdings Days Payable Historical Data

The historical data trend for Snap One 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.

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Snap One Holdings Days Payable Chart

Snap One Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

60.00

51.05

41.62

38.95

43.72

Snap One Holdings Quarterly Data
	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													45.36	37.80	37.42	40.09	41.87

Competitive Comparison of Snap One Holdings's Days Payable

For the Electronics & Computer Distribution subindustry, Snap One 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.

Snap One Holdings's Days Payable Distribution in the Hardware Industry

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

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

Snap One 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.

Snap One Holdings'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
=	( (73.106	+	61.71)	/	2 )	/	562.727	*	365
=	67.408					/	562.727	*	365
=	43.72

Snap One Holdings'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
=	( (61.71	+	54.466)	/	2 )	/	126.602	*	365 / 4
=	58.088					/	126.602	*	365 / 4
=	41.87

Snap One Holdings Days Payable Related Terms

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Snap One Holdings (STU:8W1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Snap One Holdings Corp (STU:8W1) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SNPO:USA

Address

1800 Continental Boulevard, Suite 200, Charlotte, NC, USA, 28273

Website

https://www.snapone.com

Snap One Holdings Corp provides products, services, and software to its network of professional integrators that enable them to deliver smart living experiences for their residential and business end users. The Company's hardware and software portfolio includes proprietary and third-party offerings across connected, infrastructure, and entertainment categories. Additionally, the Company provides value-added services and workflow solutions to support integrators throughout the project lifecycle, enhancing their operations.

Snap One Holdings (STU:8W1) Headlines

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