Axcelis Technologies (FRA:XXA1) Days Payable : 31.49 (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Axcelis Technologies Days Payable?

Axcelis Technologies's average Accounts Payable for the three months ended in Mar. 2024 was €43 Mil. Axcelis Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was €125 Mil. Hence, Axcelis Technologies's Days Payable for the three months ended in Mar. 2024 was 31.49.

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

FRA:XXA1' s Days Payable Range Over the Past 10 Years
Min: 30.11 Med: 39.14 Max: 56.38
Current: 32.12

During the past 13 years, Axcelis Technologies's highest Days Payable was 56.38. The lowest was 30.11. And the median was 39.14.

FRA:XXA1's Days Payable is ranked worse than
75.44% of 965 companies
in the Semiconductors industry
Industry Median: 51.64 vs FRA:XXA1: 32.12

Axcelis Technologies's Days Payable declined from Mar. 2023 (37.56) to Mar. 2024 (31.49). It may suggest that Axcelis Technologies accelerated paying its suppliers.

Axcelis Technologies Days Payable Historical Data

The historical data trend for Axcelis 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.

Axcelis Technologies Days Payable Chart

Axcelis Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

55.50

34.23

29.28

34.51

33.85

Axcelis 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															37.56	35.99	33.57	30.64	31.49

Competitive Comparison of Axcelis Technologies's Days Payable

For the Semiconductor Equipment & Materials subindustry, Axcelis 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.

Axcelis Technologies's Days Payable Distribution in the Semiconductors Industry

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

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

Axcelis 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.

Axcelis 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
=	( (58.855	+	49.885)	/	2 )	/	586.241	*	365
=	54.37					/	586.241	*	365
=	33.85

Axcelis 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
=	( (49.885	+	36.665)	/	2 )	/	125.415	*	365 / 4
=	43.275					/	125.415	*	365 / 4
=	31.49

Axcelis Technologies Days Payable Related Terms

Thank you for viewing the detailed overview of Axcelis Technologies's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Axcelis Technologies (FRA:XXA1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Axcelis Technologies Inc (FRA:XXA1) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ACLS:USA ACLS:Mexico XXA1:Germany

Address

108 Cherry Hill Drive, Beverly, MA, USA, 01915

Website

https://www.axcelis.com

Axcelis Technologies Inc designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. In addition to equipment, the company provide aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services and customer training. Geographically, the group has a business presence in North America, Asia Pacific and Europe, of which key revenue is derived from the Asia Pacific.

Axcelis Technologies (FRA:XXA1) Headlines

No Headlines