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CRNT (Ceragon Networks) Days Payable : 107.73 (As of Dec. 2024)


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What is Ceragon Networks Days Payable?

Ceragon Networks's average Accounts Payable for the three months ended in Dec. 2024 was $83.3 Mil. Ceragon Networks's Cost of Goods Sold for the three months ended in Dec. 2024 was $70.6 Mil. Hence, Ceragon Networks's Days Payable for the three months ended in Dec. 2024 was 107.73.

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

CRNT' s Days Payable Range Over the Past 10 Years
Min: 101.42   Med: 121.89   Max: 133.95
Current: 101.42

During the past 13 years, Ceragon Networks's highest Days Payable was 133.95. The lowest was 101.42. And the median was 121.89.

CRNT's Days Payable is ranked better than
70.47% of 2404 companies
in the Hardware industry
Industry Median: 69.025 vs CRNT: 101.42

Ceragon Networks's Days Payable increased from Dec. 2023 (102.26) to Dec. 2024 (107.73). It may suggest that Ceragon Networks delayed paying its suppliers.


Ceragon Networks Days Payable Historical Data

The historical data trend for Ceragon Networks'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.

Ceragon Networks Days Payable Chart

Ceragon Networks Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 120.24 120.07 123.54 107.92 112.18

Ceragon Networks Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 102.26 99.89 90.28 96.22 107.73

Competitive Comparison of Ceragon Networks's Days Payable

For the Communication Equipment subindustry, Ceragon Networks'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.


Ceragon Networks's Days Payable Distribution in the Hardware Industry

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

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


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Ceragon Networks 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.

Ceragon Networks's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (67.032 + 91.157) / 2 ) / 257.339*365
=79.0945 / 257.339*365
=112.18

Ceragon Networks's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (75.433 + 91.157) / 2 ) / 70.55*365 / 4
=83.295 / 70.55*365 / 4
=107.73

* 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.


Ceragon Networks Days Payable Related Terms

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Ceragon Networks Business Description

Traded in Other Exchanges
Address
3 Uri Ariav Street, Building. A (7th Floor), PO Box 112, Rosh Ha’Ayin, ISR, 4810002
Ceragon Networks Ltd is a wireless transport company in terms of unit shipments and wide distribution of its business, providing high-capacity wireless connectivity solutions to markets across various industries, mainly wireless (mobile) networks service providers. Geographically the company generates the key revenue from India. The company also has presence in North America, Europe, Africa, Asia-Pacific and Middle East, and Latin America. The company's products include IP-50 Platform, IP-20 Platform, Pointlink.