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Diodes (Diodes) Days Payable

: 69.31 (As of Dec. 2023)
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Diodes's average Accounts Payable for the three months ended in Dec. 2023 was $160 Mil. Diodes's Cost of Goods Sold for the three months ended in Dec. 2023 was $210 Mil. Hence, Diodes's Days Payable for the three months ended in Dec. 2023 was 69.31.

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

DIOD' s Days Payable Range Over the Past 10 Years
Min: 48.48   Med: 54.42   Max: 66.36
Current: 56.42

During the past 13 years, Diodes's highest Days Payable was 66.36. The lowest was 48.48. And the median was 54.42.

DIOD's Days Payable is ranked better than
53.95% of 962 companies
in the Semiconductors industry
Industry Median: 51.88 vs DIOD: 56.42

Diodes's Days Payable increased from Dec. 2022 (56.16) to Dec. 2023 (69.31). It may suggest that Diodes delayed paying its suppliers.


Diodes Days Payable Historical Data

The historical data trend for Diodes'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.

Diodes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.91 66.36 62.61 59.37 57.96

Diodes 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 56.16 50.87 49.67 57.45 69.31

Competitive Comparison

For the Semiconductors subindustry, Diodes'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.


Diodes Days Payable Distribution

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

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



Diodes 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.

Diodes'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
=( (160.442 + 158.261) / 2 ) / 1003.557*365
=159.3515 / 1003.557*365
=57.96

Diodes'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
=( (161.079 + 158.261) / 2 ) / 210.223*365 / 4
=159.67 / 210.223*365 / 4
=69.31

* 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.


Diodes Days Payable Related Terms

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


Diodes (Diodes) Business Description

Traded in Other Exchanges
Address
4949 Hedgcoxe Road, Suite 200, Plano, TX, USA, 75024
Diodes Inc is a manufacturer and supplier of high-quality application-specific products within the broad discrete, logic, analog, and mixed-signal semiconductor markets. It serves the customer electronics, computing, communications, industrial, and automotive markets. The Company's products include diodes; rectifiers; transistors; MOSFETs; GPP bridges; GPP rectifiers; protection devices; function-specific arrays; single gate logic; amplifiers and comparators; Hall-effect and temperature sensors; and power management devices, including LED drivers, AC-DC converters and controllers, DC-DC switching and linear voltage regulators, voltage references along with special-function devices, such as USB power switches, load switches, voltage supervisors, and motor controllers.
Executives
Gary Yu officer: SVP, Business Groups 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024
Andy Tsong officer: President, Diodes Asia 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024
Peter M Menard director 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024
Keh Shew Lu director C/O DIODES INC, 3050 E HILLCREST DR, WESTLAKE CA 91362
Emily Yang officer: VP Worldwide Sales/Marketing 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024
Richard Dallas White officer: Sr. VP of Finance 3050 E. HILLCREST DRIVE, WESTLAKE VILLAGE CA 91362
Jin Zhao officer: VP, Worldwide Analog Products 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024
Elizabeth Bull director 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024
Brett R Whitmire officer: CFO, Effective 3/1/2019 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024
Michael R Giordano director C/O DIODES INC, 3050 E HILLCREST DR, WESTLAKE CA 91362
Julie Holland officer: VP WW Analog Products 15660 DALLAS PARKWAY, SUITE 850, DALLAS TX 75248
Evan Yu officer: VP Worldwide Analog Products 4949 HEDGCOXE ROAD SUITE 200, PLANO TX 75024
Francis Tang officer: VP, Product Development 3050 E. HILLCREST DRIVE, WESTLAKE VILLAGE CA 91362
C H Chen director, officer: President & CEO C/O DIODES INC, 3050 E HILLCREST DR, WESTLAKE CA 91362
Button Angie Chen director 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024