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Benchmark Electronics (FRA:BMU) Days Payable : 53.61 (As of Mar. 2024)


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What is Benchmark Electronics Days Payable?

Benchmark Electronics's average Accounts Payable for the three months ended in Mar. 2024 was €329 Mil. Benchmark Electronics's Cost of Goods Sold for the three months ended in Mar. 2024 was €560 Mil. Hence, Benchmark Electronics's Days Payable for the three months ended in Mar. 2024 was 53.61.

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

FRA:BMU' s Days Payable Range Over the Past 10 Years
Min: 42.52   Med: 56.65   Max: 63.54
Current: 55.56

During the past 13 years, Benchmark Electronics's highest Days Payable was 63.54. The lowest was 42.52. And the median was 56.65.

FRA:BMU's Days Payable is ranked worse than
62.08% of 2421 companies
in the Hardware industry
Industry Median: 67.77 vs FRA:BMU: 55.56

Benchmark Electronics's Days Payable declined from Mar. 2023 (61.53) to Mar. 2024 (53.61). It may suggest that Benchmark Electronics accelerated paying its suppliers.


Benchmark Electronics Days Payable Historical Data

The historical data trend for Benchmark 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.

* Premium members only.

Benchmark Electronics Days Payable Chart

Benchmark Electronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.67 59.66 61.33 57.17 57.16

Benchmark Electronics Quarterly Data
Jun19 Sep19 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 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 61.53 57.81 55.63 55.75 53.61

Competitive Comparison of Benchmark Electronics's Days Payable

For the Electronic Components subindustry, Benchmark 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.


Benchmark Electronics's Days Payable Distribution in the Hardware Industry

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

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



Benchmark 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.

Benchmark 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
=( (400.513 + 336.979) / 2 ) / 2354.77*365
=368.746 / 2354.77*365
=57.16

Benchmark Electronics'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
=( (336.979 + 320.504) / 2 ) / 559.514*365 / 4
=328.7415 / 559.514*365 / 4
=53.61

* 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.


Benchmark Electronics Days Payable Related Terms

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Benchmark Electronics (FRA:BMU) Business Description

Traded in Other Exchanges
Address
56 South Rockford Drive, Tempe, AZ, USA, 85288
Benchmark Electronics Inc is engaged in product designing, engineering services, technology solutions, and advanced manufacturing services (electronic manufacturing services (EMS) and precision technology services). It serves various industries, including aerospace & defense (A&D), medical technologies, complex industrials, semiconductor capital equipment, next-generation telecommunications, and high-end computing. Its geographical segments are the Americas, Asia and Europe of which key revenue is derived from the Americas.

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