Benchmark Electronics (Benchmark Electronics) Days Payable

: 55.13 (As of Dec. 2023)

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Benchmark Electronics's average Accounts Payable for the three months ended in Dec. 2023 was $375 Mil. Benchmark Electronics's Cost of Goods Sold for the three months ended in Dec. 2023 was $620 Mil. Hence, Benchmark Electronics's Days Payable for the three months ended in Dec. 2023 was 55.13.

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

BHE' s Days Payable Range Over the Past 10 Years
Min: 42.52 Med: 56.65 Max: 63.54
Current: 57.23

During the past 13 years, Benchmark Electronics's highest Days Payable was 63.54. The lowest was 42.52. And the median was 56.65.

BHE's Days Payable is ranked worse than
60.59% of 2418 companies
in the Hardware industry
Industry Median: 67.985 vs BHE: 57.23

Benchmark Electronics's Days Payable declined from Dec. 2022 (63.66) to Dec. 2023 (55.13). It may suggest that Benchmark Electronics accelerated paying its suppliers.

Benchmark Electronics Days Payable Historical Data

The historical data trend for Benchmark Electronics'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.

Benchmark Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

63.54

56.87

63.12

59.02

56.27

Benchmark Electronics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																63.66	61.20	57.47	56.07	55.13

Competitive Comparison

For the Electronic Components subindustry, Benchmark Electronics'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.

Benchmark Electronics Days Payable Distribution

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

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

Benchmark Electronics 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.

Benchmark Electronics'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
=	( (424.272	+	367.48)	/	2 )	/	2567.906	*	365
=	395.876					/	2567.906	*	365
=	56.27

Benchmark Electronics'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
=	( (382.17	+	367.48)	/	2 )	/	620.35	*	365 / 4
=	374.825					/	620.35	*	365 / 4
=	55.13

Benchmark Electronics Days Payable Related Terms

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Benchmark Electronics (Benchmark Electronics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Benchmark Electronics Inc (NYSE:BHE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BMU:Germany

Address

56 South Rockford Drive, Tempe, AZ, USA, 85288

Website

https://www.bench.com

Benchmark Electronics Inc is engaged in product designing, engineering services, technology solutions, and advanced manufacturing services (electronic manufacturing services (EMS) and precision technology services). It serves various industries, including aerospace & defense (A&D), medical technologies, complex industrials, semiconductor capital equipment, next-generation telecommunications, and high-end computing. Its geographical segments are the Americas, Asia and Europe of which key revenue is derived from the Americas.

Executives

David Valkanoff	officer: EVP, Chief Operating Officer	C/O BENCHMARK ELECTRONICS INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85288
David Moezidis	officer: EVP, Chief Commercial Officer	C/O BENCHMARK ELECTRONICS INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85288
Douglas Britt	director	1500 WEST UNIVERSITY PARKWAY, SARASOTA FL 34243
Jeffrey Stephen Mccreary	director	C/O MIPS TECHNOLOGIES, INC., 955 EAST ARQUES AVENUE, SUNNYVALE CA 94085
Jeff Benck	director, officer: President and CEO	BENCHMARK ELECTRONICS, INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Rhonda R Turner	officer: Chief Human Resources Officer	20410 NORTH 19TH AVENUE, STE 200, PHOENIX AZ 85027
Ramesh Gopalakrishnan	director	8501 NORTH SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253
Greef-safft Anne De	director	11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Roop Kalyan Lakkaraju	officer: CFO	BENCHMARK ELECTRONICS, INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Lynn A Wentworth	director	CINCINNATI BELL INC, P O BOX 2301, CINCINNATI OH 45201
Lisa K Weeks	officer: Vice President	56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Douglas G Duncan	director	1715 AARON BRENNER DR STE 600, MEMPHIS TN 38120
Robert K Gifford	director	370 WABASHA STREET NORTH, ST. PAUL MN 55102
Robert Crawford	officer: Chief Revenue Officer	56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Stephen J Beaver	officer: VP and General Counsel	7440 E. EDWARD LANE, SCOTTSDALE AZ 85250