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Sanmina (FRA:SAYN) Days Payable : 68.30 (As of Dec. 2024)


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What is Sanmina Days Payable?

Sanmina's average Accounts Payable for the three months ended in Dec. 2024 was €1,314 Mil. Sanmina's Cost of Goods Sold for the three months ended in Dec. 2024 was €1,756 Mil. Hence, Sanmina's Days Payable for the three months ended in Dec. 2024 was 68.30.

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

FRA:SAYN' s Days Payable Range Over the Past 10 Years
Min: 65.96   Med: 74.95   Max: 87.87
Current: 73.83

During the past 13 years, Sanmina's highest Days Payable was 87.87. The lowest was 65.96. And the median was 74.95.

FRA:SAYN's Days Payable is ranked better than
54.48% of 2401 companies
in the Hardware industry
Industry Median: 68.7 vs FRA:SAYN: 73.83

Sanmina's Days Payable declined from Dec. 2023 (80.27) to Dec. 2024 (68.30). It may suggest that Sanmina accelerated paying its suppliers.


Sanmina Days Payable Historical Data

The historical data trend for Sanmina'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.

Sanmina Days Payable Chart

Sanmina Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.89 78.76 82.04 83.76 80.70

Sanmina 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 80.27 77.69 77.38 72.17 68.30

Competitive Comparison of Sanmina's Days Payable

For the Electronic Components subindustry, Sanmina'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.


Sanmina's Days Payable Distribution in the Hardware Industry

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

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


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Sanmina 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.

Sanmina's Days Payable for the fiscal year that ended in Sep. 2024 is calculated as

Days Payable (A: Sep. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2023 ) + Accounts Payable (A: Sep. 2024 )) / count ) / Cost of Goods Sold (A: Sep. 2024 )*Days in Period
=( (1461.058 + 1299.228) / 2 ) / 6242.037*365
=1380.143 / 6242.037*365
=80.70

Sanmina'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
=( (1299.228 + 1329.025) / 2 ) / 1755.703*365 / 4
=1314.1265 / 1755.703*365 / 4
=68.30

* 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.


Sanmina Days Payable Related Terms

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Sanmina Business Description

Traded in Other Exchanges
Address
2700 North First Street, San Jose, CA, USA, 95134
Sanmina Corp is a provider of integrated manufacturing solutions, components, and after-market services to original equipment manufacturers in the communications networks, storage, industrial, defense and aerospace end markets. The operations are managed as two businesses: Integrated Manufacturing Solutions, which consists of printed circuit board assembly and represents a majority of the firm's revenue; and Components, Products, and Services, which includes interconnect systems and mechanical systems. The firm generates revenue primarily in the United States, China, and Mexico, but has a presence around the world.

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