TBCH (Turtle Beach) Days Payable : 50.16 (As of Dec. 2024)

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What is Turtle Beach Days Payable?

Turtle Beach's average Accounts Payable for the three months ended in Dec. 2024 was $50.6 Mil. Turtle Beach's Cost of Goods Sold for the three months ended in Dec. 2024 was $92.1 Mil. Hence, Turtle Beach's Days Payable for the three months ended in Dec. 2024 was 50.16.

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

TBCH' s Days Payable Range Over the Past 10 Years
Min: 31.84 Med: 47.15 Max: 79.58
Current: 66.29

During the past 13 years, Turtle Beach's highest Days Payable was 79.58. The lowest was 31.84. And the median was 47.15.

TBCH's Days Payable is ranked worse than
52.5% of 2400 companies
in the Hardware industry
Industry Median: 68.87 vs TBCH: 66.29

Turtle Beach's Days Payable increased from Dec. 2023 (44.53) to Dec. 2024 (50.16). It may suggest that Turtle Beach delayed paying its suppliers.

Turtle Beach Days Payable Historical Data

The historical data trend for Turtle Beach'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.

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Turtle Beach Days Payable Chart

Turtle Beach Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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52.45

63.66

57.64

46.72

46.22

Turtle Beach 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															44.53	86.01	79.65	86.94	50.16

Competitive Comparison of Turtle Beach's Days Payable

For the Consumer Electronics subindustry, Turtle Beach'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.

Turtle Beach's Days Payable Distribution in the Hardware Industry

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

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

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Turtle Beach 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.

Turtle Beach's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (26.908	+	34.839)	/	2 )	/	243.784	*	365
=	30.8735					/	243.784	*	365
=	46.22

Turtle Beach'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
=	( (66.394	+	34.839)	/	2 )	/	92.088	*	365 / 4
=	50.6165					/	92.088	*	365 / 4
=	50.16

Turtle Beach Days Payable Related Terms

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Turtle Beach Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Turtle Beach Corp (NAS:TBCH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0ZNF:UK 0P1A:Germany

Address

15822 Bernardo Center Drive, Suite 105, San Diego, CA, USA, 10601

Website

https://www.turtlebeach.com

Turtle Beach Corp specializes in gaming accessories, offering a diverse range including headsets, controllers, keyboards, mice, and simulation hardware. With nearly five decades of expertise, it's a innovator in audio technology, particularly dominant in console gaming headsets. Expanding beyond headsets, Turtle Beach now offers game controllers, flight and racing simulation accessories, and high-quality microphones. Operating globally, its products are available through numerous major retailers such as Amazon, Argos, Best Buy, GAME, GameStop, EB Games, Media Markt, Saturn, Target, and Walmart, with a maximum revenue portion generated during the holiday season. The majority of its revenue stems from North America.

Executives

Lloyd Gregory Ballard	director	2 TOWNSEND ST, #2-1003, SAN FRANCISCO CA 94107
Cris Keirn	officer: Interim CEO	C/O TURTLE BEACH CORP, 44 SOUTH BROADWAY, 4TH FLOOR, WHITE PLAINS NY 10601
William Z Wyatt	director	240 26TH STREET, SUITE 3, SANTA MONICA CA 90402
Terry Jimenez	director	TRONC, INC., 435 NORTH MICHIGAN AVENUE, CHICAGO IL 60611
Katherine Lee Scherping	director	6312 SOUTH FIDDLERS GREEN CIRCLE, SUITE 200 NORTH, GREENWOOD VILLAGE CO 80111
Juergen M. Stark	director, officer: See Remarks	100 SUMMIT LAKE DRIVE, SUITE 100, VALHALLA NY 10594
Julia Sze	director	C/O 3636 N. CENTRAL AVENUE, SUITE 1200, PHOENIX AZ 85012
Michelle D Wilson	director	C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902
Andrew Wolfe	director	108 LEEWOOD CT., LOS GATOS CA 95032
John T Hanson	officer: CFO, Treasurer and Secretary	11011 VIA FRONTERA, SUITE A/B, SAN DIEGO CA 92127
William E Keitel	director
Brian Stech	director	910 W. LEGACY CENTER WAY, SUITE 500, MIDVALE UT 84047
Yie-hsin Hung	director	30 HUDSON STREET, JERSEY CITY NJ 07302
Kelly Ann Thompson	director	921 LINCOLN PL, PACIFICA CA 94044
Ronald Doornink	director	3100 OCEAN PARK BLVD, SANTA MONICA CA 90405