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Logitech International (XSWX:LOGN) Days Payable : 65.16 (As of Dec. 2023)


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What is Logitech International Days Payable?

Logitech International's average Accounts Payable for the three months ended in Dec. 2023 was CHF450 Mil. Logitech International's Cost of Goods Sold for the three months ended in Dec. 2023 was CHF630 Mil. Hence, Logitech International's Days Payable for the three months ended in Dec. 2023 was 65.16.

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

XSWX:LOGN' s Days Payable Range Over the Past 10 Years
Min: 54.67   Med: 67.98   Max: 82.79
Current: 66.22

During the past 13 years, Logitech International's highest Days Payable was 82.79. The lowest was 54.67. And the median was 67.98.

XSWX:LOGN's Days Payable is ranked worse than
52.13% of 2419 companies
in the Hardware industry
Industry Median: 67.96 vs XSWX:LOGN: 66.22

Logitech International's Days Payable increased from Dec. 2022 (61.16) to Dec. 2023 (65.16). It may suggest that Logitech International delayed paying its suppliers.


Logitech International Days Payable Historical Data

The historical data trend for Logitech International'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.

Logitech International Days Payable Chart

Logitech International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.62 54.67 68.24 82.79 67.71

Logitech International 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.16 66.76 61.32 64.92 65.16

Competitive Comparison of Logitech International's Days Payable

For the Computer Hardware subindustry, Logitech International'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.


Logitech International's Days Payable Distribution in the Hardware Industry

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

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



Logitech International 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.

Logitech International'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
=( (591.383 + 376.649) / 2 ) / 2609.265*365
=484.016 / 2609.265*365
=67.71

Logitech International'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
=( (443.417 + 456.604) / 2 ) / 630.174*365 / 4
=450.0105 / 630.174*365 / 4
=65.16

* 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.


Logitech International Days Payable Related Terms

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


Logitech International (XSWX:LOGN) Business Description

Address
EPFL - Quartier de l'Innovation, Daniel Borel Innovation Center, Lausanne, CHE, 1015
Logitech was founded in 1981 and is headquartered in Lausanne, Switzerland. The company specializes in designing and manufacturing computer peripherals such as mice, keyboards, webcams, conference room cameras, headsets, and music-related products such as wireless speakers.

Logitech International (XSWX:LOGN) Headlines

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