Netgear (Netgear) Days Payable : 34.85 (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Netgear Days Payable?

Netgear's average Accounts Payable for the three months ended in Dec. 2023 was $47.0 Mil. Netgear's Cost of Goods Sold for the three months ended in Dec. 2023 was $123.0 Mil. Hence, Netgear's Days Payable for the three months ended in Dec. 2023 was 34.85.

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

NTGR' s Days Payable Range Over the Past 10 Years
Min: 35.43 Med: 45.39 Max: 58.78
Current: 43.82

During the past 13 years, Netgear's highest Days Payable was 58.78. The lowest was 35.43. And the median was 45.39.

NTGR's Days Payable is ranked worse than
74.78% of 2419 companies
in the Hardware industry
Industry Median: 67.96 vs NTGR: 43.82

Netgear's Days Payable declined from Dec. 2022 (42.11) to Dec. 2023 (34.85). It may suggest that Netgear accelerated paying its suppliers.

Netgear Days Payable Historical Data

The historical data trend for Netgear'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.

Netgear Days Payable Chart

Netgear Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

57.06

35.43

37.45

42.63

49.15

Netgear 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															42.11	62.53	44.25	29.39	34.85

Competitive Comparison of Netgear's Days Payable

For the Communication Equipment subindustry, Netgear'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.

Netgear's Days Payable Distribution in the Hardware Industry

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

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

Netgear 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.

Netgear'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
=	( (85.55	+	46.85)	/	2 )	/	491.588	*	365
=	66.2					/	491.588	*	365
=	49.15

Netgear'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
=	( (47.133	+	46.85)	/	2 )	/	123.038	*	365 / 4
=	46.9915					/	123.038	*	365 / 4
=	34.85

Netgear Days Payable Related Terms

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

Netgear (Netgear) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Netgear Inc (NAS:NTGR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NGJ:Germany

Address

350 East Plumeria Drive, San Jose, CA, USA, 95134

Website

https://www.netgear.com

Netgear Inc is a provider of networking solutions. The reportable segments of the company are connected home, and Small and Medium Businesses (SMB). The Connected Home segment focuses on consumers and consists of high-performance, dependable, and easy-to-use 4G/5G mobile, Wi-Fi internet networking solutions and smart devices such as Orbi Voice smart speakers and Meural digital canvas; and SMB focused on small and medium-sized businesses and consists of business networking, storage, wireless LAN and security solutions that bring enterprise-class functionality to small and medium-sized businesses at an affordable price.

Executives

Andrew Wonki Kim	officer: SVP, Legal and Corp. Dev.	892 RUSSET DR., SUNNYVALE CA 94087
Martin Westhead	officer: CTO	350 E. PLUMERIA DR., SAN JOSE CA 95134
Heidi Cormack	officer: SVP, Marketing	350 E. PLUMERIA DR., SAN JOSE CA 95134
Vikram Mehta	officer: SVP, CBU	350 E. PLUMERIA DR., SAN JOSE CA 95134
Michael A Werdann	officer: SVP of Worldwide Sales	4500 GREAT AMERICAN PARKWAY, C/O NETGEAR INC, SANTA CLARA CA 95054
Laura Durr	director	C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Mark G Merrill	officer: Chief Technology Officer
Patrick Cs Lo	director, officer: Chairman and CEO
Shravan Goli	director	1040 AVENUE OF THE AMERICAS, NEW YORK NY 10016
David John Henry	officer: SVP, Home Networking	350 E. PLUMERIA DR., SAN JOSE CA 95134
Thomas H Waechter	director
Michael F Falcon	officer: SVP, Operations
Tamesa Rogers	officer: SVP, Human Resources	350 EAST PLUMERIA DR, SAN JOSE CA 95134
Murray Bryan	officer: CFO	350 E. PLUMERIA DR., SAN JOSE CA 95134
Gregory J Rossman	director	500 NYALA FARM RD, WESTPORT CT 06880