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PCTEL (PCTI) Days Payable : 40.41 (As of Sep. 2023)


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What is PCTEL Days Payable?

PCTEL's average Accounts Payable for the three months ended in Sep. 2023 was $4.33 Mil. PCTEL's Cost of Goods Sold for the three months ended in Sep. 2023 was $9.77 Mil. Hence, PCTEL's Days Payable for the three months ended in Sep. 2023 was 40.41.

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

PCTI' s Days Payable Range Over the Past 10 Years
Min: 28.52   Med: 38.89   Max: 46.2
Current: 37.69

During the past 13 years, PCTEL's highest Days Payable was 46.20. The lowest was 28.52. And the median was 38.89.

PCTI's Days Payable is not ranked
in the Hardware industry.
Industry Median: 67.95 vs PCTI: 37.69

PCTEL's Days Payable increased from Sep. 2022 (38.39) to Sep. 2023 (40.41). It may suggest that PCTEL delayed paying its suppliers.


PCTEL Days Payable Historical Data

The historical data trend for PCTEL'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.

PCTEL Days Payable Chart

PCTEL Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.63 34.46 35.18 37.75 34.02

PCTEL Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Payable Get a 7-Day Free Trial 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 38.39 38.39 32.57 31.07 40.41

Competitive Comparison of PCTEL's Days Payable

For the Communication Equipment subindustry, PCTEL'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.


PCTEL's Days Payable Distribution in the Hardware Industry

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

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



PCTEL 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.

PCTEL's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (5.36 + 4.648) / 2 ) / 53.695*365
=5.004 / 53.695*365
=34.02

PCTEL's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (3.618 + 5.039) / 2 ) / 9.773*365 / 4
=4.3285 / 9.773*365 / 4
=40.41

* 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.


PCTEL Days Payable Related Terms

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


PCTEL (PCTI) Business Description

Traded in Other Exchanges
N/A
Address
471 Brighton Drive, Bloomingdale, IL, USA, 60108
PCTEL Inc delivers performance-critical technology solutions to the wireless industry. The company product includes Antenna Products and Test and Measurement Products. Antenna Products includes Mobile Antennas, Infrastructure Base station Antennas, In-Building Antennas, GNSS/GPS Antennas, Embedded Antennas, and RF ANcillary and Cable Products, and Test and Measurement Products include Scanning Receivers, Public safety testing solution, Scanning Receiver Software, Interference Locating System, and User Experience Test Tools. The majority of the revenue is generated from Antennas and Industrial IoT Devices.
Executives
Anthony R Rossabi director 471 BRIGHTON DR, BLOOMINGDALE IL 60108
Fritz E Freidinger officer: VP and General Counsel JONES LANG LASALLE INCORPORATED, 200 E RANDOLPH DR, CHICAGO IL 60601
Daniel N Laredo officer: Vice President 471 BRIGHTON CT, BLOOMINGDALE IL 60108
Patricia J Lancaster officer: Vice President 471 BRIGHTON CT, BLOOMINGDALE IL 60108
Arnt Arvik officer: VP & CHIEF SALES OFFICER 15701 BERKELEY DRIVE, HAYMARKET VA 20169
David A Neumann officer: Vice President, GM 471 BRIGHTON DRIVE, BLOOMINGDALE IL 60108
Suzanne Cafferty officer: VP - Global Marketing 471 BRIGHTON DRIVE, BLOOMINGDALE IL 60108
Kevin J Mcgowan officer: VP Finance & Corp Controller 471 BRIGHTON DRIVE, BLOOMINGDALE IL 60108
Shelley J Bacastow officer: VP and General Counsel 471 BRIGHTON DRIVE, BLOOMINGDALE IL 60108
Sumeet Singh Paul officer: VICE PRESIDENT & CIO 471 BRIGHTON DRIVE, BLOOMINGDALE IL 60108
John W Schoen officer: COO & CFO
Cynthia A Keith director 471 BRIGHTON DRIVE, BLOOMINGDALE IL 60108
Giacomo Marini director 40675 ENCYCLOPEDIA CIR., FREMONT CA 94538
Brian J Jackman director 6797 WINCHESTER CIRCLE, SUITE 100, BOULDER CO 80301
Steven D Levy director 6000 SW MEADOWS DRIVE, SUITE 200, C/O TUT SYSTEMS, INC., LAKE OSWEGO OR 97035