Sanmina (Sanmina) Days Payable : 80.79 (As of Dec. 2023)

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What is Sanmina Days Payable?

Sanmina's average Accounts Payable for the three months ended in Dec. 2023 was $1,518 Mil. Sanmina's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,714 Mil. Hence, Sanmina's Days Payable for the three months ended in Dec. 2023 was 80.79.

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

SANM' s Days Payable Range Over the Past 10 Years
Min: 65.96 Med: 70.65 Max: 87.87
Current: 82.25

During the past 13 years, Sanmina's highest Days Payable was 87.87. The lowest was 65.96. And the median was 70.65.

SANM's Days Payable is ranked better than
60.48% of 2419 companies
in the Hardware industry
Industry Median: 67.96 vs SANM: 82.25

Sanmina's Days Payable declined from Dec. 2022 (88.29) to Dec. 2023 (80.79). It may suggest that Sanmina accelerated paying its suppliers.

Sanmina Days Payable Historical Data

The historical data trend for Sanmina'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.

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Sanmina Days Payable Chart

Sanmina Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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68.88

72.26

78.80

87.87

81.41

Sanmina Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															88.29	85.04	80.09	81.04	80.79

Competitive Comparison of Sanmina's Days Payable

For the Electronic Components subindustry, Sanmina'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.

Sanmina's Days Payable Distribution in the Hardware Industry

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

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

Sanmina 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.

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

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (2041.434	+	1612.833)	/	2 )	/	8191.837	*	365
=	1827.1335					/	8191.837	*	365
=	81.41

Sanmina'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
=	( (1612.833	+	1422.229)	/	2 )	/	1713.958	*	365 / 4
=	1517.531					/	1713.958	*	365 / 4
=	80.79

Sanmina Days Payable Related Terms

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Sanmina (Sanmina) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sanmina Corp (NAS:SANM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SAYN:Germany SAYN:Germany

Address

2700 North First Street, San Jose, CA, USA, 95134

Website

https://www.sanmina.com

Sanmina Corp is a provider of integrated manufacturing solutions, components, and after-market services to original equipment manufacturers in the communications networks, storage, industrial, defense and aerospace end markets. The company operates in two business segments: Integrated Manufacturing Solutions, which consists of printed circuit board assembly and represents a majority of the firm's revenue; and Components, Products, and Services, which includes interconnect systems and mechanical systems. The firm generates revenue primarily in the United States, China, and Mexico, but has a presence around the world.

Executives

Eugene A Delaney	director	1303 E ALGONQUIN RD, SCHAUMBURG IL 60196
Hedley David V Iii	director	2700 NORTH FIRST STREET, SAN JOSE CA 95134
Alan Mcwilliams Reid	officer: Exec VP,Global Human Resources	2700 NORTH FIRST STREET, SAN JOSE CA 95134
Jure Sola	director, officer: Chairman and CEO	14899 GRANITE WAY, SARATOGA CA 95070
Mythili Sankaran	director	27000 NORTH FIRST STREET, SAN JOSE CA 95134
Susan K Barnes	director
Charlie Mason	officer: EVP, Integrated Mfg Services	2700 NORTH FIRST STREET, SAN JOSE CA 95134
Brent Billinger	officer: SVP & Corp Controller	2700 NORTH FIRST STREET, SAN JOSE CA 95134
John Goldsberry	director	C/O GATEWAY, INC, 7565 IRVINE CENTER DRIVE, IRVINE CA 92618
Kurt Adzema	officer: EVP & CFO	1389 MOFFETT PARK DRIVE, SUNNYVALE CA 94089
Susan A Johnson	director	2700 NORTH FIRST STREET, SAN JOSE CA 95134
Jackie M Ward	director	SYSCO CORPORATION, 1390 ENCLAVE PARWAY, HOUSTON TX 77077
Mario M Rosati	director	650 PAGE MILL RD, PALO ALTO CA 94304
Dennis Young	officer: Exec VP Worldwide Sales	246 OVERALL PHILLIPS ROAD, ELIZABETH TOWN KY 42701
Rita S. Lane	director	1303 E. ALGONQUIN ROAD, SCHAUMBURG IL 60196