Advantest (Advantest) Days Payable

: 98.97 (As of Dec. 2023)

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Advantest's average Accounts Payable for the three months ended in Dec. 2023 was $496 Mil. Advantest's Cost of Goods Sold for the three months ended in Dec. 2023 was $457 Mil. Hence, Advantest's Days Payable for the three months ended in Dec. 2023 was 98.97.

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

ATEYY' s Days Payable Range Over the Past 10 Years
Min: 87.36 Med: 130.05 Max: 139.52
Current: 113.57

During the past 13 years, Advantest's highest Days Payable was 139.52. The lowest was 87.36. And the median was 130.05.

ATEYY's Days Payable is ranked better than
80.73% of 960 companies
in the Semiconductors industry
Industry Median: 51.83 vs ATEYY: 113.57

Advantest's Days Payable declined from Dec. 2022 (120.38) to Dec. 2023 (98.97). It may suggest that Advantest accelerated paying its suppliers.

Advantest Days Payable Historical Data

The historical data trend for Advantest'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.

Advantest Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

126.88

136.39

133.45

135.35

127.58

Advantest Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																120.38	106.78	150.87	116.96	98.97

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Advantest'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.

Advantest Days Payable Distribution

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

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

Advantest 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.

Advantest's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (593.3	+	667.807)	/	2 )	/	1803.997	*	365
=	630.5535					/	1803.997	*	365
=	127.58

Advantest'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
=	( (500.294	+	491.709)	/	2 )	/	457.323	*	365 / 4
=	496.0015					/	457.323	*	365 / 4
=	98.97

Advantest Days Payable Related Terms

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Advantest (Advantest) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Advantest Corp (OTCPK:ATEYY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ADTTF:USA 6857:Japan VAN:Germany

Address

1-6-2, Marunouchi, Shin-Marunouchi Center Building, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

http://www.advantest.co.jp

Advantest Corp is a Japan-based company that manufactures and distributes semiconductor test systems and mechatronic products for applications in testing and measurement, healthcare, nanotechnology and other end markets. The firm's product portfolio includes integrated circuit test systems, e-beam lithography, scanning electron microscopy metrology, solid state drive test systems, terahertz spectroscopy, and other electronic measuring instruments. The firm has operations in Japan, the United States, Europe, Singapore, China, Taiwan, and Korea.

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