Ceragon Networks (Ceragon Networks) Days Payable : 102.26 (As of Dec. 2023)

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What is Ceragon Networks Days Payable?

Ceragon Networks's average Accounts Payable for the three months ended in Dec. 2023 was $66.4 Mil. Ceragon Networks's Cost of Goods Sold for the three months ended in Dec. 2023 was $59.3 Mil. Hence, Ceragon Networks's Days Payable for the three months ended in Dec. 2023 was 102.26.

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

CRNT' s Days Payable Range Over the Past 10 Years
Min: 103.94 Med: 121.89 Max: 133.95
Current: 103.94

During the past 13 years, Ceragon Networks's highest Days Payable was 133.95. The lowest was 103.94. And the median was 121.89.

CRNT's Days Payable is ranked better than
72.26% of 2419 companies
in the Hardware industry
Industry Median: 67.96 vs CRNT: 103.94

Ceragon Networks's Days Payable declined from Dec. 2022 (124.76) to Dec. 2023 (102.26). It may suggest that Ceragon Networks accelerated paying its suppliers.

Ceragon Networks Days Payable Historical Data

The historical data trend for Ceragon Networks'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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Ceragon Networks Days Payable Chart

Ceragon Networks Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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133.95

120.24

120.07

123.54

107.92

Ceragon Networks 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															124.76	105.72	100.88	102.99	102.26

Competitive Comparison of Ceragon Networks's Days Payable

For the Communication Equipment subindustry, Ceragon Networks'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.

Ceragon Networks's Days Payable Distribution in the Hardware Industry

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

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

Ceragon Networks 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.

Ceragon Networks'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
=	( (67.384	+	67.032)	/	2 )	/	227.31	*	365
=	67.208					/	227.31	*	365
=	107.92

Ceragon Networks'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
=	( (65.865	+	67.032)	/	2 )	/	59.296	*	365 / 4
=	66.4485					/	59.296	*	365 / 4
=	102.26

Ceragon Networks Days Payable Related Terms

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Ceragon Networks (Ceragon Networks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ceragon Networks Ltd (NAS:CRNT) » Definitions » Days Payable

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GGN:Germany

Address

Building. A, 7th floor, Nitzba City, Plot 300, PO Box 112, Rosh Ha’Ayin, ISR, 4810002

Website

https://www.ceragon.com

Ceragon Networks Ltd offers wireless backhaul solutions. Its products comprise of FibeAir IP-20 Platform, FibeAir IP-20 Assured Platform, and Network Management. The company provides its services to wireless service providers, public safety organizations, government agencies and utility companies. The company's FibeAir IP-20 platform offers flexibility in choosing all-outdoor, split-mount and all-indoor configurations to suit any deployment scenario. Its products include short haul-access, short haul-aggregation, small cells, long haul, and enterprise access. Geographically, it derives majority revenue from India and also has a presence in North America, Europe, Africa, Asia-Pacific, and the Middle East and Latin America.