Renesas Electronics (Renesas Electronics) Days Payable : 142.78 (As of Dec. 2023)

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Renesas Electronics Days Payable Definition

Renesas Electronics's average Accounts Payable for the three months ended in Dec. 2023 was $1,722 Mil. Renesas Electronics's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,100 Mil. Hence, Renesas Electronics's Days Payable for the three months ended in Dec. 2023 was 142.78.

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

RNECF' s Days Payable Range Over the Past 10 Years
Min: 62.89 Med: 101.65 Max: 136.04
Current: 136.04

During the past 13 years, Renesas Electronics's highest Days Payable was 136.04. The lowest was 62.89. And the median was 101.65.

RNECF's Days Payable is ranked better than
85.03% of 962 companies
in the Semiconductors industry
Industry Median: 51.83 vs RNECF: 136.04

Renesas Electronics's Days Payable increased from Dec. 2022 (119.95) to Dec. 2023 (142.78). It may suggest that Renesas Electronics delayed paying its suppliers.

Renesas Electronics Days Payable Historical Data

The historical data trend for Renesas Electronics'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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Renesas Electronics Days Payable Chart

Renesas Electronics Annual Data

Trend

Mar14

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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91.89

100.64

120.85

131.22

138.25

Renesas Electronics 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															119.95	129.42	136.49	141.85	142.78

Competitive Comparison

For the Semiconductors subindustry, Renesas Electronics'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.

Renesas Electronics Days Payable Distribution

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

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

Renesas Electronics 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.

Renesas Electronics'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
=	( (1652.458	+	1689.05)	/	2 )	/	4410.893	*	365
=	1670.754					/	4410.893	*	365
=	138.25

Renesas Electronics'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
=	( (1754.662	+	1689.05)	/	2 )	/	1100.392	*	365 / 4
=	1721.856					/	1100.392	*	365 / 4
=	142.78

Renesas Electronics Days Payable Related Terms

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Renesas Electronics (Renesas Electronics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Renesas Electronics Corp (OTCPK:RNECF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RNECY:USA RNEC:Mexico 6723:Japan NEN:Germany

Address

Toyosu Foresia, 3-2-24, Toyosu, Koto-ku, Tokyo, JPN, 135-0061

Website

http://www.renesas.com

Renesas Electronics Corp is a Japan-based company that manufactures and distributes semiconductor components and other products for use in automotive, healthcare, computer peripheral, connectivity, home appliance, and industrial end markets. Its product portfolio includes microcontrollers and microprocessors, embedded systems platform, insulated-gate bipolar transistors, intelligent power devices, thrysistors, transistors, diodes, analog integrated circuits, and optoelectronics products. The firm has operations in Japan, the Americas, Europe, Middle East and Africa, and Asia.