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Deswell Industries (Deswell Industries) Days Payable : 43.79 (As of Sep. 2023)


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What is Deswell Industries Days Payable?

Deswell Industries's average Accounts Payable for the six months ended in Sep. 2023 was $7.29 Mil. Deswell Industries's Cost of Goods Sold for the six months ended in Sep. 2023 was $30.37 Mil. Hence, Deswell Industries's Days Payable for the six months ended in Sep. 2023 was 43.79.

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

DSWL' s Days Payable Range Over the Past 10 Years
Min: 25.58   Med: 42.27   Max: 52.24
Current: 52.24

During the past 13 years, Deswell Industries's highest Days Payable was 52.24. The lowest was 25.58. And the median was 42.27.

DSWL's Days Payable is ranked worse than
65.61% of 2419 companies
in the Hardware industry
Industry Median: 67.83 vs DSWL: 52.24

Deswell Industries's Days Payable declined from Sep. 2022 (48.83) to Sep. 2023 (43.79). It may suggest that Deswell Industries accelerated paying its suppliers.


Deswell Industries Days Payable Historical Data

The historical data trend for Deswell Industries'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.

Deswell Industries Days Payable Chart

Deswell Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.12 37.03 49.85 49.05 47.50

Deswell Industries Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 59.30 51.91 48.83 57.36 43.79

Competitive Comparison of Deswell Industries's Days Payable

For the Electronic Components subindustry, Deswell Industries'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.


Deswell Industries's Days Payable Distribution in the Hardware Industry

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

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



Deswell Industries 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.

Deswell Industries's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (9.838 + 6.949) / 2 ) / 64.498*365
=8.3935 / 64.498*365
=47.50

Deswell Industries's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (6.949 + 7.625) / 2 ) / 30.368*365 / 2
=7.287 / 30.368*365 / 2
=43.79

* 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.


Deswell Industries Days Payable Related Terms

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Deswell Industries (Deswell Industries) Business Description

Traded in Other Exchanges
Address
10B, Edificio Associacao Industrial De Macau, No. 32-36 Rua do Comandante Mata e Oliveira, Macao, MAC
Deswell Industries Inc is engaged in the manufacturing and selling of injection-molded plastic parts and components. In addition, it also offers manufacturing services for electronic products and subassemblies and manufactures metallic molds and accessory parts for original equipment manufacturers and contract manufacturers. The company conducts all of its manufacturing activities at separate plastics, electronics and metallic operation factories located in the People's Republic of China. It operates through the Plastic Injection Molding and Electronic Products Assembling segments. The firm offers products such as automobile components, medical testing equipment, parts for audio equipment, av receivers, active subwoofers, digital system key sets, communication products and others.

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