Bel Fuse (Bel Fuse) Days Payable

: 43.36 (As of Dec. 2023)

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Bel Fuse's average Accounts Payable for the three months ended in Dec. 2023 was $42.2 Mil. Bel Fuse's Cost of Goods Sold for the three months ended in Dec. 2023 was $88.8 Mil. Hence, Bel Fuse's Days Payable for the three months ended in Dec. 2023 was 43.36.

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

BELFB' s Days Payable Range Over the Past 10 Years
Min: 41.75 Med: 44.92 Max: 50.61
Current: 44.94

During the past 13 years, Bel Fuse's highest Days Payable was 50.61. The lowest was 41.75. And the median was 44.92.

BELFB's Days Payable is ranked worse than
73.55% of 2420 companies
in the Hardware industry
Industry Median: 67.955 vs BELFB: 44.94

Bel Fuse's Days Payable declined from Dec. 2022 (51.13) to Dec. 2023 (43.36). It may suggest that Bel Fuse accelerated paying its suppliers.

Bel Fuse Days Payable Historical Data

The historical data trend for Bel Fuse'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.

Bel Fuse Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

47.88

44.27

47.17

50.61

45.21

Bel Fuse Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																51.13	47.99	45.12	42.32	43.36

Competitive Comparison

For the Electronic Components subindustry, Bel Fuse'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.

Bel Fuse Days Payable Distribution

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

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

Bel Fuse 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.

Bel Fuse'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
=	( (64.589	+	40.441)	/	2 )	/	423.964	*	365
=	52.515					/	423.964	*	365
=	45.21

Bel Fuse'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
=	( (43.984	+	40.441)	/	2 )	/	88.827	*	365 / 4
=	42.2125					/	88.827	*	365 / 4
=	43.36

Bel Fuse Days Payable Related Terms

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Bel Fuse (Bel Fuse) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bel Fuse Inc (NAS:BELFB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BELFA:USA BF2B:Germany BF2A:Germany BF2A:Germany BF2B:Germany

Address

206 Van Vorst Street, Jersey City, NJ, USA, 07302

Website

https://www.belfuse.com

Bel Fuse Inc designs and manufactures electronic components that protect and connect electronic circuits. Its product portfolio is divided into three categories: magnetic solutions, power solutions & protection, and connectivity solutions. These products are used for the computer, networking, telecommunications, transportation and defense/aerospace, automotive, medical, and consumer electronics industries. Its geographical segments are the United States, Macao, United Kingdom, Slovakia, Germany, Switzerland, and All other foreign countries. Majority of the revenue is derived from United States.

Executives

Tuweiq Farouq Salem Ali	officer: Chief Financial Officer	C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Lai Kenneth Koon Keung	officer: VP of Asia Operations	C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Joseph Francis Berry	officer: VP of Magnetic Solutions	C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Dennis Ackerman	officer: Vice President of Operations	C/O BEL FUSE INC, 206 VAN VORST STREET, JERSEY NJ 07302
Daniel Bernstein	director, 10 percent owner, officer: President and CEO
Vincent Vellucci	director	C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Suzanne Kozlovsky	officer: Global Head of People	C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Peter E Gilbert	director
Raymond Cheung	officer: Vice President-Asia Operations	C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Sherry L. Urban	officer: VP of Human Resources	C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Jacqueline T. Brito	director	C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Lynn Katherine Hutkin	officer: Director Financial Reporting	C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Craig Brosious	officer: Vice President of Finance	C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Avi D Eden	director
Rita V Smith	director	C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302