CEVA (CEVA) Days Payable : 47.97 (As of Dec. 2023)

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What is CEVA Days Payable?

CEVA's average Accounts Payable for the three months ended in Dec. 2023 was $1.2 Mil. CEVA's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.3 Mil. Hence, CEVA's Days Payable for the three months ended in Dec. 2023 was 47.97.

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

CEVA' s Days Payable Range Over the Past 10 Years
Min: 23.5 Med: 38.99 Max: 71.14
Current: 33.71

During the past 13 years, CEVA's highest Days Payable was 71.14. The lowest was 23.50. And the median was 38.99.

CEVA's Days Payable is ranked worse than
73.26% of 961 companies
in the Semiconductors industry
Industry Median: 51.74 vs CEVA: 33.71

CEVA's Days Payable declined from Dec. 2022 (49.59) to Dec. 2023 (47.97). It may suggest that CEVA accelerated paying its suppliers.

CEVA Days Payable Historical Data

The historical data trend for CEVA'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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CEVA Days Payable Chart

CEVA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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24.07

27.08

41.47

40.08

47.21

CEVA 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															49.59	31.58	23.94	45.01	47.97

Competitive Comparison of CEVA's Days Payable

For the Semiconductors subindustry, CEVA'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.

CEVA's Days Payable Distribution in the Semiconductors Industry

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

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

CEVA 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.

CEVA'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
=	( (1.859	+	1.154)	/	2 )	/	11.648	*	365
=	1.5065					/	11.648	*	365
=	47.21

CEVA'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
=	( (1.221	+	1.154)	/	2 )	/	2.259	*	365 / 4
=	1.1875					/	2.259	*	365 / 4
=	47.97

CEVA Days Payable Related Terms

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CEVA (CEVA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » CEVA Inc (NAS:CEVA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PVJA:Germany

Address

15245 Shady Grove Road, Suite 400, Rockville, MD, USA, 20850

Website

https://www.ceva-dsp.com

CEVA Inc is a licensor of signal-processing intellectual property. Through partnerships with semiconductor companies and original equipment manufacturers globally, the company helps produce devices for a range of end markets. OEMs and semiconductor companies choose to sell products with CEVA equipment to wireless, consumer, automotive, and Internet of Things companies. Revenue is derived primarily from licensing fees and related revenue, and royalties generated from the shipments of products utilizing its intellectual properties. CEVA also engages in the training and sale of development systems.

Executives

Amir Panush	officer: Chief Executive Officer	15245 SHADY GROVE ROAD, SUITE 400, ROCKVILLE MD 20850
Gweltaz Toquet	officer: Chief Commercial Officer	C/O CEVA, INC., 15245 SHADY GROVE ROAD, SUITE 400, ROCKVILLE MD 20850
Louis Silver	director	C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Michael Boukaya	officer: Chief Operating Officer	1174 CASTRO STREET, SUITE 210, MOUNTAIN VIEW CA 94040
Issachar Ohana	officer: EVP Worldwide Sales	C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Gideon Wertheizer	officer: EVP and GM DSP Cores	C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Yaniv Arieli	officer: Chief Financial Officer	C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Zvi Limon	director	C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Sven Christer Nilsson	director	C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Maria Marced	director	C/O CEVA, INC.,1174 CASTRO STREET, SUITE 210, MOUNTAIN VIEW CA 94040
Eliyahu Ayalon	director	C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Jaclyn Liu	director	C/O CEVA, INC., 15245 SHADY GROVE ROAD, SUITE 400, ROCKVILLE MD 20850
Peter Mcmanamon	director	C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Bruce Mann	director	C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Bernadette Andrietti	director	C/O CEVA, INC.,1174 CASTRO STREET, SUITE, MOUNTAIN VIEW CA 94040