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FOXX (Foxx Development Holdings) Days Payable : 129.48 (As of Dec. 2024)


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What is Foxx Development Holdings Days Payable?

Foxx Development Holdings's average Accounts Payable for the three months ended in Dec. 2024 was $21.69 Mil. Foxx Development Holdings's Cost of Goods Sold for the three months ended in Dec. 2024 was $15.29 Mil. Hence, Foxx Development Holdings's Days Payable for the three months ended in Dec. 2024 was 129.48.

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

FOXX' s Days Payable Range Over the Past 10 Years
Min: 1.51   Med: 2.49   Max: 163.8
Current: 134.93

During the past 3 years, Foxx Development Holdings's highest Days Payable was 163.80. The lowest was 1.51. And the median was 2.49.

FOXX's Days Payable is ranked better than
81.82% of 2404 companies
in the Hardware industry
Industry Median: 69.025 vs FOXX: 134.93

Foxx Development Holdings's Days Payable increased from Dec. 2023 (0.00) to Dec. 2024 (129.48). It may suggest that Foxx Development Holdings delayed paying its suppliers.

Foxx Development Holdings Days Payable Historical Data

The historical data trend for Foxx Development Holdings'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.

Foxx Development Holdings Days Payable Chart

Foxx Development Holdings Annual Data
Trend Jun22 Jun23 Jun24
Days Payable
2.49 1.51 163.80

Foxx Development Holdings Quarterly Data
Jun22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only - - 69.81 41.55 129.48

Competitive Comparison of Foxx Development Holdings's Days Payable

For the Consumer Electronics subindustry, Foxx Development Holdings'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.

Foxx Development Holdings's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Foxx Development Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Foxx Development Holdings's Days Payable falls into.


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Foxx Development Holdings 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.

Foxx Development Holdings's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (0 + 1.397) / 1 ) / 3.113*365
=1.397 / 3.113*365
=163.80

Foxx Development Holdings'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
=( (19.286 + 24.102) / 2 ) / 15.289*365 / 4
=21.694 / 15.289*365 / 4
=129.48

* 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.

Foxx Development Holdings Days Payable Related Terms

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Foxx Development Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Foxx Development Holdings Inc (NAS:FOXX) » Definitions » Days Payable
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Traded in Other Exchanges
N/A
Address
13575 Barranca Parkway C106, Irvine, CA, USA, 92618
Website
https://www.foxxusa.com
Foxx Development Holdings Inc is a consumer electronics and integrated Internet-of-Things (IoT) solution company catering to both retail and institutional clients. With robust research and development capabilities and a strategic commitment to cultivating long-term partnerships with mobile network operators, distributors, and suppliers. Its products include tablets, smartphones, wearables, and other high-quality communication terminals.