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GuruFocus has detected 3 Warning Signs with Benchmark Electronics Inc $BHE.
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Benchmark Electronics Inc (NYSE:BHE)
Days Payable
54.12 (As of Dec. 2016)

Benchmark Electronics Inc's payable for the three months ended in Dec. 2016 was $326 Mil. Benchmark Electronics Inc's cost of goods sold for the three months ended in Dec. 2016 was $550 Mil. Hence, Benchmark Electronics Inc's days payable for the three months ended in Dec. 2016 was 54.12.

BHE' s Days Payable Range Over the Past 10 Years
Min: 39.49   Max: 56.79
Current: 56.78

39.49
56.79

During the past 13 years, Benchmark Electronics Inc's highest Days Payable was 56.79. The lowest was 39.49. And the median was 45.92.

BHE's Days Payable is ranked lower than
52% of the 1607 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 58.64 vs. BHE: 56.78 )

Benchmark Electronics Inc's days payable increased from Dec. 2015 (40.29) to Dec. 2016 (54.12). It may suggest that Benchmark Electronics Inc delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Benchmark Electronics Inc's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=326.249/2096.952*365
=56.79

Benchmark Electronics Inc's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=326.249/550.037*365 / 4
=54.12

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Benchmark Electronics Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 48.2843.5551.8442.4049.3241.5150.5041.0539.4956.79

Benchmark Electronics Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 46.1040.4739.8542.9643.1640.2939.9147.3054.0454.12
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