Coherent (Coherent) Days Payable

: 55.70 (As of Dec. 2023)

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Coherent's average Accounts Payable for the three months ended in Dec. 2023 was $477 Mil. Coherent's Cost of Goods Sold for the three months ended in Dec. 2023 was $781 Mil. Hence, Coherent's Days Payable for the three months ended in Dec. 2023 was 55.70.

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

COHR' s Days Payable Range Over the Past 10 Years
Min: 27.74 Med: 41.42 Max: 64.9
Current: 50.42

During the past 13 years, Coherent's highest Days Payable was 64.90. The lowest was 27.74. And the median was 41.42.

COHR's Days Payable is ranked worse than
67.74% of 2418 companies
in the Hardware industry
Industry Median: 68.085 vs COHR: 50.42

Coherent's Days Payable increased from Dec. 2022 (43.21) to Dec. 2023 (55.70). It may suggest that Coherent delayed paying its suppliers.

Coherent Days Payable Historical Data

The historical data trend for Coherent'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.

Coherent Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

42.14

42.87

53.30

64.90

43.29

Coherent Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																43.21	47.73	44.17	52.24	55.70

Competitive Comparison

For the Scientific & Technical Instruments subindustry, Coherent'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.

Coherent Days Payable Distribution

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

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

Coherent 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.

Coherent's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (434.917	+	405.308)	/	2 )	/	3541.817	*	365
=	420.1125					/	3541.817	*	365
=	43.29

Coherent'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
=	( (449.134	+	504.052)	/	2 )	/	780.793	*	365 / 4
=	476.593					/	780.793	*	365 / 4
=	55.70

Coherent Days Payable Related Terms

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Coherent (Coherent) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Coherent Corp (NYSE:COHR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

H7B:Germany H7B:Germany

Address

375 Saxonburg Boulevard, Saxonburg, PA, USA, 16056

Website

https://www.ii-vi.com

Coherent Corp manufactures engineered materials, optoelectronic components and products used in industrial, optical communications, military, semiconductor, consumer, and life science applications. The firm operates in two segments Photonic Solutions Segment and Compound Semiconductors Segment. The Photonic Solutions Segment leverages II-VI's compound semiconductor technology platforms to deliver components and subsystems. The Compound Semiconductors Segment is a market leader in differentiated materials and devices.

Executives

Christopher Koeppen	officer: Chief Innovation Officer	C/O COHERENT CORP., 375 SAXONBURG BOULEVARD, SAXONBURG PA 16056
Howard H. Xia	director	C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
Julie Sheridan Eng	officer: Chief Technology Officer	C/O COHERENT CORP., SAXONBURG PA 16056
Bashaw Walter Robert Ii	officer: General Counsel	C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
Richard J. Martucci	officer: Interim CFO & Treasurer	C/O COHERENT CORP., 375 SAXONBURG BOULEVARD, SAXONBURG PA 16056
Elizabeth Patrick	director	6400 POPLAR AVE, MEMPHIS TN 38197
Michelle M Sterling	director	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Ilaria Mocciaro	officer: SVP, CAO and Corp Controller	2301 PATRIOT BLVD, GLENVIEW IL 60026
Mary Jane Raymond	officer: Chief Financial Officer	C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
Ronald Basso	officer: Chief Legal & Compliance Off.	C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
Mattera Vincent D Jr	officer: Vice President	C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
David L Motley	director	517 AVONWORTH HEIGHTS DRIVE, PITTSBURGH PA 151237
Joseph J Corasanti	director	C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
Francis J Kramer	director, officer: President & C.O.O.	C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
Plc Barclays	10 percent owner	1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP