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Adtran Holdings (Adtran Holdings) Days Payable

: 96.78 (As of Dec. 2023)
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Adtran Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $156 Mil. Adtran Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $147 Mil. Hence, Adtran Holdings's Days Payable for the three months ended in Dec. 2023 was 96.78.

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

ADTN' s Days Payable Range Over the Past 10 Years
Min: 57.56   Med: 67.1   Max: 89.6
Current: 82.29

During the past 13 years, Adtran Holdings's highest Days Payable was 89.60. The lowest was 57.56. And the median was 67.10.

ADTN's Days Payable is ranked better than
60.45% of 2417 companies
in the Hardware industry
Industry Median: 68 vs ADTN: 82.29

Adtran Holdings's Days Payable increased from Dec. 2022 (93.43) to Dec. 2023 (96.78). It may suggest that Adtran Holdings delayed paying its suppliers.


Adtran Holdings Days Payable Historical Data

The historical data trend for Adtran Holdings'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.

Adtran Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.59 59.87 80.71 88.91 89.60

Adtran Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only 93.43 84.31 71.95 73.85 96.78

Competitive Comparison

For the Communication Equipment subindustry, Adtran Holdings'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.


Adtran Holdings Days Payable Distribution

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

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



Adtran Holdings 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.

Adtran Holdings'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
=( (237.699 + 162.922) / 2 ) / 816.037*365
=200.3105 / 816.037*365
=89.60

Adtran Holdings'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
=( (148.913 + 162.922) / 2 ) / 147.014*365 / 4
=155.9175 / 147.014*365 / 4
=96.78

* 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.


Adtran Holdings Days Payable Related Terms

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Adtran Holdings (Adtran Holdings) Business Description

Address
901 Explorer Boulevard, Huntsville, AL, USA, 35806-2807
Adtran Inc is a provider of networking and communications platforms, software, and services focused on the broadband access market. It operates under two reportable segments: Network Solutions, which includes hardware and software products, and Services & Support, which includes a portfolio of network implementation services, support services, and cloud-hosted SaaS applications that complement the product portfolio and can be utilized to support other platforms as well. These two segments span across their three revenue categories: Access & Aggregation, Subscriber Solutions, and Optical Networking Solutions.
Executives
Ulrich Dopfer officer: Chief Financial Officer 901 EXPLORER BOULEVARD, HUNTSVILLE AL 35806
Thomas R Stanton officer: Vice President & Gen. Mgr. C/O ADTRAN, 901 EXPLORER BLVD., HUNTSVILLE AL 35806
Gregory James Mccray director 422 HANDEL COURT, WHEATON IL 60187
Wilson James Denson Jr officer: Chief Revenue Officer 901 EXPLORER BLVD, HUNTSVILLE AL 35806
Christoph Glingener officer: CEO of ADVA 901 EXPLORER BOULEVARD, HUNTSVILLE AL 35806
Michael Foliano officer: CFO 901 EXPLORER BLVD, HUNTSVILLE AL 35806
Brian Protiva director, officer: CEO of ADVA 901 EXPLORER BOULEVARD, HUNTSVILLE AL 35806
James Denson Wilson Jr Chief Revenue Officer
Nikos Theodosopoulos director C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Johanna Hey director 901 EXPLORER BOULEVARD, HUNTSVILLE AL 35806
Marc Kimpe officer: SVP, Research & Development 131 HERITAGE LANE, MADISON AL 35758
Ray Harris officer: Chief Information Officer 9811 RITCHIE CT, IJAMSVILLE MD 21754
Balan Nair director 901 EXPLORER BOULEVARD, HUNTSVILLE AL 35806
Robert Conger officer: SVP, Technology & Strategy 901 EXPLORER BLVD, HUNTSVILLE AL 35806
Eduard Scheiterer officer: SVP, Research & Development 901 EXPLORER DRIVE, HUNTSVILLE AL 35806