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Logitech International (Logitech International) Days Payable

: 63.92 (As of Dec. 2023)
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Logitech International's average Accounts Payable for the three months ended in Dec. 2023 was $510 Mil. Logitech International's Cost of Goods Sold for the three months ended in Dec. 2023 was $729 Mil. Hence, Logitech International's Days Payable for the three months ended in Dec. 2023 was 63.92.

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

LOGI' s Days Payable Range Over the Past 10 Years
Min: 54.67   Med: 67.98   Max: 82.79
Current: 66.22

During the past 13 years, Logitech International's highest Days Payable was 82.79. The lowest was 54.67. And the median was 67.98.

LOGI's Days Payable is ranked worse than
52.17% of 2417 companies
in the Hardware industry
Industry Median: 68 vs LOGI: 66.22

Logitech International's Days Payable increased from Dec. 2022 (59.75) to Dec. 2023 (63.92). It may suggest that Logitech International delayed paying its suppliers.


Logitech International Days Payable Historical Data

The historical data trend for Logitech International'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.

Logitech International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 60.22 53.47 67.73 82.77 67.53

Logitech International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only 59.75 66.52 60.46 64.89 63.92

Competitive Comparison

For the Computer Hardware subindustry, Logitech International'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.


Logitech International Days Payable Distribution

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

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



Logitech International 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.

Logitech International'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
=( (636.306 + 406.968) / 2 ) / 2819.303*365
=521.637 / 2819.303*365
=67.53

Logitech International'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
=( (492.905 + 527.988) / 2 ) / 728.693*365 / 4
=510.4465 / 728.693*365 / 4
=63.92

* 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.


Logitech International Days Payable Related Terms

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Logitech International (Logitech International) Business Description

Address
EPFL - Quartier de l'Innovation, Daniel Borel Innovation Center, Lausanne, CHE, 1015
Logitech was founded in 1981 and is headquartered in Lausanne, Switzerland. The company specializes in designing and manufacturing computer peripherals such as mice, keyboards, webcams, conference room cameras, headsets, and music-related products such as wireless speakers.
Executives
Samantha Harnett officer: General Counsel 1836 CLEMENS ROAD, OAKLAND CA 94602
Charles D Boynton officer: Chief Financial Officer
Prakash Arunkundrum officer: Head of Global Operations C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94560
Kwok Wang Ng director C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94580
Sascha Zahnd director C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94580
Christopher Richardson Jones director 1501 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98134
Patrick Aebischer director C/O LOGITECH INTERNATIONAL S.A., LES CHATAGNIS, APPLES V8 1143
Nathan Olmstead officer: Principal Accounting Officer C/O LOGITECH INC., 7700 GATEWAY BOULEVARD, NEWARK CA 94560
Riet Cadonau director C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94560
Bracken Darrell officer: President 2000 M-63N, BENTON HARBOR MI 49022
Didier Hirsch director 5301 STEVENS CREEK BOULEVARD, SANTA CLARA CA 95051
Neela Montgomery director C/O LOGITECH INTERNATIONAL S.A., LES CHATAGNIS, APPLES V8 1143
Deborah Thomas director C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02862
Guy Gecht director
Michael B Polk director 100 DEFOREST AVE, EAST HANOVER NJ 07936