Knowles (Knowles) Days Payable

: 34.55 (As of Dec. 2023)

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Knowles's average Accounts Payable for the three months ended in Dec. 2023 was $51.8 Mil. Knowles's Cost of Goods Sold for the three months ended in Dec. 2023 was $136.8 Mil. Hence, Knowles's Days Payable for the three months ended in Dec. 2023 was 34.55.

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

KN' s Days Payable Range Over the Past 10 Years
Min: 39.88 Med: 58.16 Max: 103.07
Current: 45.47

During the past 13 years, Knowles's highest Days Payable was 103.07. The lowest was 39.88. And the median was 58.16.

KN's Days Payable is ranked worse than
73.08% of 2418 companies
in the Hardware industry
Industry Median: 67.985 vs KN: 45.47

Knowles's Days Payable declined from Dec. 2022 (37.35) to Dec. 2023 (34.55). It may suggest that Knowles accelerated paying its suppliers.

Knowles Days Payable Historical Data

The historical data trend for Knowles'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.

Knowles Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

57.13

58.48

57.84

49.44

39.88

Knowles Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																37.35	56.51	54.77	47.12	34.55

Competitive Comparison

For the Communication Equipment subindustry, Knowles'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.

Knowles Days Payable Distribution

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

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

Knowles 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.

Knowles'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
=	( (41.4	+	51.3)	/	2 )	/	424.2	*	365
=	46.35					/	424.2	*	365
=	39.88

Knowles'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
=	( (52.3	+	51.3)	/	2 )	/	136.8	*	365 / 4
=	51.8					/	136.8	*	365 / 4
=	34.55

Knowles Days Payable Related Terms

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Knowles (Knowles) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Knowles Corp (NYSE:KN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

1K3:Germany

Address

1151 Maplewood Drive, Itasca, IL, USA, 60143

Website

https://www.knowles.com

Knowles Corp is engaged in the manufacturing of micro-acoustic microphones and balanced armature speakers, audio solutions, high-performance capacitors, and radio frequency filtering products. It operates in three segments; the Precision Devices segment specializes in the design and delivery of high-performance capacitor products and RF solutions, Medtech & Specialty Audio segment designs and manufactures microphones and balanced armature speakers used in applications and the Consumer MEMS Microphones segment designs and manufactures micro-electro-mechanical systems microphones and audio solutions used in applications. The majority of its revenue comes from the Consumer MEMS Microphones segment.

Executives

Raymond D. Cabrera	officer: Senior VP, HR & CAO	KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
Erania Brackett	director	C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Daniel J Crowley	director	870 WINTER STREET, WALTHAM MA 02451
Jeffrey Niew	director, officer: President & CEO	KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
Cheryl L Shavers	director	400 COLLINS ROAD NE, M/S 124-323, CEDAR RAPIDS IA 52498
John S. Anderson	officer: Senior VP & CFO	KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
Daniel J. Giesecke	officer: Senior VP & COO	KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
Bastarrica Air A. Jr.	officer: Vice President & Controller	1151 MAPLEWOOD DR, ITASCA IL 60143-2071
Donald Macleod	director
Michael S Wishart	director	SPANSION INC., 915 DEGUIGNE DRIVE, SUNNYVALE CA 94085-3836
Ronald Steven Jankov	director	3875 FREEDOM CIRCLE, SUITE 900, SANTA CLARA CA 95054
Didier Hirsch	director	5301 STEVENS CREEK BOULEVARD, SANTA CLARA CA 95051
Christian Scherp	officer: Co-President, MCE	KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
Ye Jane Li	director	200 FLYNN ROAD, CAMARILLO CA 93012-8790
Michael S. Polacek	officer: President, Intelligent Audio	KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143