Gentherm (Gentherm) Days Payable : 72.44 (As of Dec. 2023)

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What is Gentherm Days Payable?

Gentherm's average Accounts Payable for the three months ended in Dec. 2023 was $215 Mil. Gentherm's Cost of Goods Sold for the three months ended in Dec. 2023 was $271 Mil. Hence, Gentherm's Days Payable for the three months ended in Dec. 2023 was 72.44.

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

THRM' s Days Payable Range Over the Past 10 Years
Min: 42.64 Med: 47.24 Max: 67.12
Current: 67.12

During the past 13 years, Gentherm's highest Days Payable was 67.12. The lowest was 42.64. And the median was 47.24.

THRM's Days Payable is ranked better than
50.91% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.67 vs THRM: 67.12

Gentherm's Days Payable increased from Dec. 2022 (65.15) to Dec. 2023 (72.44). It may suggest that Gentherm delayed paying its suppliers.

Gentherm Days Payable Historical Data

The historical data trend for Gentherm'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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Gentherm Days Payable Chart

Gentherm Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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47.04

56.33

58.69

59.78

65.01

Gentherm 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															65.15	63.01	66.68	68.69	72.44

Competitive Comparison of Gentherm's Days Payable

For the Auto Parts subindustry, Gentherm'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.

Gentherm's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Gentherm's Days Payable distribution charts can be found below:

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

Gentherm 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.

Gentherm'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
=	( (182.225	+	215.827)	/	2 )	/	1117.452	*	365
=	199.026					/	1117.452	*	365
=	65.01

Gentherm'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
=	( (213.851	+	215.827)	/	2 )	/	270.637	*	365 / 4
=	214.839					/	270.637	*	365 / 4
=	72.44

Gentherm Days Payable Related Terms

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Gentherm (Gentherm) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Gentherm Inc (NAS:THRM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

QA4A:Germany

Address

21680 Haggerty Road, Northville, MI, USA, 48167

Website

https://www.gentherm.com

Gentherm Inc is an automotive parts manufacturer. The business activities of the group function through the Automotive and Medical segments. The vast majority of the firm's revenue comes from the Automotive segment, which includes automotive climate comfort systems, automotive cable systems, battery performance solutions, and automotive electronics and software systems. The medical segment is comprised of the results from the patient temperature management business in the medical industry. Its geographical segments are the United States, China, South Korea, Germany, Japan, the Czech Republic, and other countries.

Executives

Kenneth E Washington	director	6555 STATE HWY 161, IRVING TX 75039
Thomas Stocker	officer: SVP and General Manager	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Rafael Barkas	officer: SVP, Global Ops & Supply Chain	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Vishnu Sundaram	officer: Chief Technology Officer	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Kauffman Wayne S Iii	officer: VP and General Counsel	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Breisacher Nicholas	officer: Chief Accounting Officer	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Barbara J Runyon	officer: Chief Human Resources Officer	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Matthew Fisch	officer: SVP & Chief Technology Officer	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Yijing Brentano	officer: Senior VP IR and Corp Comm	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Phillip Eyler	director, officer: Chief Executive Officer	C/O HARMAN INTERNATIONAL INDUSTRIES, INC, 400 ATLANTIC STREET, STAMFORD CT 06901
Jaymi Wilson	officer: SVP, Global Sales	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Jennifer L. Zoldos	officer: Chief Accounting Officer	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Paul Cameron Giberson	officer: Sr. VP Sales	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Matteo Anversa	officer: Ex VP, CFO & Treasurer	1293 SOUTH MAIN STREET, AKRON OH 44301
Elizabeth Meter	director	21680 HAGGERTY ROAD, NORTHVILLE MI 48167