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Teledyne Technologies (FRA:TYZ) Days Payable : 46.94 (As of Mar. 2024)


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What is Teledyne Technologies Days Payable?

Teledyne Technologies's average Accounts Payable for the three months ended in Mar. 2024 was €365 Mil. Teledyne Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was €709 Mil. Hence, Teledyne Technologies's Days Payable for the three months ended in Mar. 2024 was 46.94.

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

FRA:TYZ' s Days Payable Range Over the Past 10 Years
Min: 37.14   Med: 44.37   Max: 56.89
Current: 50.64

During the past 13 years, Teledyne Technologies's highest Days Payable was 56.89. The lowest was 37.14. And the median was 44.37.

FRA:TYZ's Days Payable is ranked worse than
67.37% of 2421 companies
in the Hardware industry
Industry Median: 67.83 vs FRA:TYZ: 50.64

Teledyne Technologies's Days Payable declined from Mar. 2023 (58.05) to Mar. 2024 (46.94). It may suggest that Teledyne Technologies accelerated paying its suppliers.


Teledyne Technologies Days Payable Historical Data

The historical data trend for Teledyne Technologies'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.

Teledyne Technologies Days Payable Chart

Teledyne Technologies 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 46.91 50.38 44.91 55.18 51.69

Teledyne Technologies 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 58.05 54.34 51.93 48.33 46.94

Competitive Comparison of Teledyne Technologies's Days Payable

For the Scientific & Technical Instruments subindustry, Teledyne Technologies'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.


Teledyne Technologies's Days Payable Distribution in the Hardware Industry

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

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



Teledyne Technologies 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.

Teledyne Technologies'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
=( (477.381 + 352.77) / 2 ) / 2930.823*365
=415.0755 / 2930.823*365
=51.69

Teledyne Technologies'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
=( (352.77 + 376.28) / 2 ) / 708.584*365 / 4
=364.525 / 708.584*365 / 4
=46.94

* 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.


Teledyne Technologies Days Payable Related Terms

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Teledyne Technologies (FRA:TYZ) Business Description

Traded in Other Exchanges
Address
1049 Camino Dos Rios, Thousand Oaks, CA, USA, 91360-2362
Teledyne Technologies Inc sells technologies for industrial markets. Roughly a fourth of Teledyne's revenue comes from contracts with the United States government. The firm operates in four segments: instrumentation, digital imaging, aerospace and defense electronics, and engineered systems. The instrumentation segment provides monitoring instruments primarily for marine and environmental applications. The digital imaging segment contributes the largest proportion of revenue, and includes image sensors and cameras for industrial, government, and medical customers. The aerospace and defense electronics segment provides electronic components and communication products for aircraft. The engineered systems segment provides solutions for defense, space, environmental, and energy applications.

Teledyne Technologies (FRA:TYZ) Headlines

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