Microchip Technology (Microchip Technology) Days Payable

: 37.15 (As of Dec. 2023)

View and export this data going back to 1993. Start your Free Trial

Microchip Technology's average Accounts Payable for the three months ended in Dec. 2023 was $263 Mil. Microchip Technology's Cost of Goods Sold for the three months ended in Dec. 2023 was $646 Mil. Hence, Microchip Technology's Days Payable for the three months ended in Dec. 2023 was 37.15.

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

MCHP' s Days Payable Range Over the Past 10 Years
Min: 25.27 Med: 34.17 Max: 49.38
Current: 40.4

During the past 13 years, Microchip Technology's highest Days Payable was 49.38. The lowest was 25.27. And the median was 34.17.

MCHP's Days Payable is ranked worse than
63.13% of 960 companies
in the Semiconductors industry
Industry Median: 51.635 vs MCHP: 40.40

Microchip Technology's Days Payable declined from Dec. 2022 (47.99) to Dec. 2023 (37.15). It may suggest that Microchip Technology accelerated paying its suppliers.

Microchip Technology Days Payable Historical Data

The historical data trend for Microchip Technology'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.

Microchip Technology Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

27.96

42.50

47.78

49.03

49.38

Microchip Technology Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																47.99	48.07	42.38	35.45	37.15

Competitive Comparison

For the Semiconductors subindustry, Microchip Technology'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.

Microchip Technology Days Payable Distribution

For the Semiconductors industry and Technology sector, Microchip Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Microchip Technology's Days Payable falls into.

Microchip Technology 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.

Microchip Technology'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
=	( (344.7	+	396.9)	/	2 )	/	2740.8	*	365
=	370.8					/	2740.8	*	365
=	49.38

Microchip Technology'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
=	( (283.5	+	242.2)	/	2 )	/	645.7	*	365 / 4
=	262.85					/	645.7	*	365 / 4
=	37.15

Microchip Technology Days Payable Related Terms

Thank you for viewing the detailed overview of Microchip Technology's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Microchip Technology (Microchip Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Microchip Technology Inc (NAS:MCHP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

1MCHP:Italy MCP:Germany MCP:Germany MCP:Germany M1CH34:Brazil MCHP:Austria

Address

2355 West Chandler Boulevard, Chandler, AZ, USA, 85224-6199

Website

https://www.microchip.com

Microchip Technology became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.

Executives

James Eric Bjornholt	officer: VP and CFO	MICROCHIP TECHNOLOGY INCORPORATED, 2355 WEST CHANDLER BOULEVARD, CHANDLER AZ 85224-6199
Karlton D Johnson	director	C/O MICROCHIP TECHNOLOGY INCORPORATED, 2355 W. CHANDLER BOULEVARD, CHANDLER AZ 85224-6199
Matthew W Chapman	director	400 SW SIXTH AVENUE, SUITE 200, PORTLAND OR 97204
Robert A. Rango	director	5300 CALIFORNIA AVENUE, IRVINE CA 92617
Richard J Simoncic	officer: VP, Microperipheral Prod Div	2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Mitchell R Little	officer: VP, WW Sales and Appns.	2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Ganesh Moorthy	officer: VP, MCU and Auto. Div.	MICROCHIP, 2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Steve Sanghi	director, officer: President, CEO, Chairman	2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Wade F Meyercord	director	2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Stephen V Drehobl	officer: VP, Security, MCU & Tech Div.
L B Day	director	2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Karen Marie Rapp	director	C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Esther Johnson	director	8731 S 600 W, CLAYPOOL IN 46510
Hugo Martinez Albert J	director	2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
David S Lambert	officer: VP, Fab Operations	2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199