Seagate Technology Holdings (Seagate Technology Holdings) Days Payable

: 119.70 (As of Dec. 2023)

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Seagate Technology Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $1,565 Mil. Seagate Technology Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,193 Mil. Hence, Seagate Technology Holdings's Days Payable for the three months ended in Dec. 2023 was 119.70.

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

STX' s Days Payable Range Over the Past 10 Years
Min: 56.77 Med: 76.94 Max: 110.75
Current: 102.79

During the past 13 years, Seagate Technology Holdings's highest Days Payable was 110.75. The lowest was 56.77. And the median was 76.94.

STX's Days Payable is ranked better than
71.69% of 2420 companies
in the Hardware industry
Industry Median: 67.955 vs STX: 102.79

Seagate Technology Holdings's Days Payable increased from Dec. 2022 (77.77) to Dec. 2023 (119.70). It may suggest that Seagate Technology Holdings delayed paying its suppliers.

Seagate Technology Holdings Days Payable Historical Data

The historical data trend for Seagate Technology 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.

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Seagate Technology Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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77.03

76.84

83.05

84.28

110.75

Seagate Technology 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	Get a 7-Day Free Trial															77.77	82.37	116.00	108.87	119.70

Competitive Comparison

For the Computer Hardware subindustry, Seagate Technology 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.

Seagate Technology Holdings Days Payable Distribution

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

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

Seagate Technology 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.

Seagate Technology Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (2058	+	1603)	/	2 )	/	6033	*	365
=	1830.5					/	6033	*	365
=	110.75

Seagate Technology 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
=	( (1511	+	1619)	/	2 )	/	1193	*	365 / 4
=	1565					/	1193	*	365 / 4
=	119.70

Seagate Technology Holdings Days Payable Related Terms

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Seagate Technology Holdings (Seagate Technology Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Seagate Technology Holdings PLC (NAS:STX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

STX:Mexico 847:Germany 847:Germany 847:Germany STXH:Austria

Address

38/39 Fitzwilliam Square, Dublin, IRL, D02 NX53

Website

https://www.seagate.com

Seagate is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a practical duopoly in the market with its chief rival, Western Digital; they are both vertically integrated.

Executives

Ban Seng Teh	officer: SVP, Sales	47488 KATO ROAD, FREMONT CA 94538
Katherine Schuelke	officer: SVP, CLO & Corporate Secretary	47488 KATO ROAD, FREMONT CA 94538
John Christopher Morris	officer: SVP, HDD & SDD Products & CTO	1280 DISC DRIVE, SHAKOPEE MN 55379
William D Mosley	officer: President & COO	SEAGATE TECHNOLOGY, 47488 KATO ROAD, FREMONT CA 94538
Gianluca Romano	officer: EVP & CFO	47488 KATO ROAD, FREMONT CA 94538
Dylan G. Haggart	director	ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129
Edward J Zander	director	MOTOROLA, INC., 1303 E. ALGONQUIN ROAD, SCHAUMBURG IL 60196
Kian Fatt Chong	officer: SVP, Global Operations	AVE 5, WOODLANDS U0 121
Jeffrey D. Nygaard	officer: Executive Vice President	47488 KATO ROAD, FREMONT CA 94538
Robert A Bruggeworth	director	C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Richard L Clemmer	director	P O BOX 34552, LAS VEGAS NV 89129
Stephen J Luczo	director, officer: Chairman and CEO
Jay L Geldmacher	director	5810 VAN ALLEN WAY, CARLSBAD CA 92008
Yolanda Lee Conyers	director	47488 KATO ROAD, FREMONT CA 94538
Stephanie Tilenius	director	C/O IRONPLANET, INC., 4695 CHABOT DRIVE, SUITE 102, PLEASANTON CA 94588