Cherry SE (CHIX:C3RYD) Days Payable : 64.54 (As of Mar. 2024)

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What is Cherry SE Days Payable?

Cherry SE's average Accounts Payable for the three months ended in Mar. 2024 was €13.9 Mil. Cherry SE's Cost of Goods Sold for the three months ended in Mar. 2024 was €19.6 Mil. Hence, Cherry SE's Days Payable for the three months ended in Mar. 2024 was 64.54.

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

CHIX:C3RYd' s Days Payable Range Over the Past 10 Years
Min: 59.31 Med: 82.44 Max: 186.91
Current: 59.79

During the past 5 years, Cherry SE's highest Days Payable was 186.91. The lowest was 59.31. And the median was 82.44.

CHIX:C3RYd's Days Payable is ranked worse than
58.26% of 2427 companies
in the Hardware industry
Industry Median: 68.09 vs CHIX:C3RYd: 59.79

Cherry SE's Days Payable declined from Mar. 2023 (116.80) to Mar. 2024 (64.54). It may suggest that Cherry SE accelerated paying its suppliers.

Cherry SE Days Payable Historical Data

The historical data trend for Cherry SE'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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Cherry SE Days Payable Chart

Cherry SE Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

186.91

59.31

93.07

71.80

Cherry SE Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial													116.80	115.00	91.76	29.27	64.54

Competitive Comparison of Cherry SE's Days Payable

For the Computer Hardware subindustry, Cherry SE'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.

Cherry SE's Days Payable Distribution in the Hardware Industry

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

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

Cherry SE 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.

Cherry SE'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
=	( (30.886	+	17.808)	/	2 )	/	123.777	*	365
=	24.347					/	123.777	*	365
=	71.80

Cherry SE's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (17.808	+	9.899)	/	2 )	/	19.588	*	365 / 4
=	13.8535					/	19.588	*	365 / 4
=	64.54

Cherry SE Days Payable Related Terms

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Cherry SE (CHIX:C3RYD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cherry SE (CHIX:C3RYd) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

C3RY:Germany

Address

Cherrystrasse 2, Auerbach, DEU, 91275

Website

https://www.cherry.de

Cherry SE is a manufacturer of high-end mechanical keyboard switches and computer input devices such as keyboards, mice, microphones, and headsets for gaming and e-sports and (hybrid) office workstation applications as well as industrial applications and the healthcare sector. The product offerings of the company include USB-A / USB-C Adapters, Mice, Accessories, and other products.

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