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ICHR (Ichor Holdings) Days Payable : 34.82 (As of Sep. 2024)


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What is Ichor Holdings Days Payable?

Ichor Holdings's average Accounts Payable for the three months ended in Sep. 2024 was $70.0 Mil. Ichor Holdings's Cost of Goods Sold for the three months ended in Sep. 2024 was $183.3 Mil. Hence, Ichor Holdings's Days Payable for the three months ended in Sep. 2024 was 34.82.

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

ICHR' s Days Payable Range Over the Past 10 Years
Min: 33.92   Med: 58.45   Max: 70.01
Current: 33.92

During the past 10 years, Ichor Holdings's highest Days Payable was 70.01. The lowest was 33.92. And the median was 58.45.

ICHR's Days Payable is ranked worse than
73% of 974 companies
in the Semiconductors industry
Industry Median: 52.37 vs ICHR: 33.92

Ichor Holdings's Days Payable declined from Sep. 2023 (36.43) to Sep. 2024 (34.82). It may suggest that Ichor Holdings accelerated paying its suppliers.


Ichor Holdings Days Payable Historical Data

The historical data trend for Ichor Holdings'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.

Ichor Holdings Days Payable Chart

Ichor Holdings 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 66.88 57.39 54.86 46.11 44.01

Ichor Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 36.43 33.51 31.15 30.89 34.82

Competitive Comparison of Ichor Holdings's Days Payable

For the Semiconductor Equipment & Materials subindustry, Ichor Holdings'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.


Ichor Holdings's Days Payable Distribution in the Semiconductors Industry

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

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



Ichor Holdings 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.

Ichor Holdings'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
=( (110.165 + 60.49) / 2 ) / 707.724*365
=85.3275 / 707.724*365
=44.01

Ichor Holdings's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (58.961 + 80.963) / 2 ) / 183.348*365 / 4
=69.962 / 183.348*365 / 4
=34.82

* 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.


Ichor Holdings Days Payable Related Terms

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Ichor Holdings Business Description

Traded in Other Exchanges
Address
3185 Laurelview Court, Fremont, CA, USA, 94538
Ichor Holdings Ltd is engaged in the design, engineering, and manufacturing of critical fluid delivery subsystems and components for semiconductor capital equipment. The product offerings include gas and chemical delivery subsystems, collectively known as fluid delivery subsystems, which are key elements of the process tools used in the manufacturing of semiconductor devices. The company also manufactures machined components, weldments, and proprietary products for use in fluid delivery systems. Geographically, the company operates in the United States, the United Kingdom, Singapore, Malaysia, Korea, and Mexico, of which a majority of the revenue is generated from Singapore.
Executives
Barros Philip Ryan Sr. officer: Chief Technology Officer 3185 LAUREL VIEW CT., FREMONT CA 94538
Jeff Andreson officer: Chief Financial Officer 3560 BASSETT STREET, SANTA CLARA CA 95054
Thomas M Rohrs director, officer: Chief Executive Officer 2 RESULTS WAY, CUPERTINO CA 95014
Christopher Smith officer: Chief Commercial Officer 3560 BASSETT STREET, SANTA CLARA CA 95054
Greg Swyt officer: Chief Financial Officer C/O ONTO INNOVATION INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Marc Haugen director C/O CEPHEID, 904 CARIBBEAN DRIVE, SUNNYVALE CA 94089
Bruce Ragsdale officer: Chief Operating Officer 3185 LAURELVIEW CT, FREMONT CA 94538
Jorge Titinger director 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Iain Mackenzie director C/O SMART GLOBAL HOLDINGS, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Paul Chhabra officer: Chief Operating Officer 9255 COVERDALE ROAD, FORT WAYNE IN 46809
Kevin M. Canty officer: Chief Operating Officer 3185 LAURELVIEW CT., FREMONT CA 94538
Yuval Wasserman director 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Sarah A O'dowd director 3185 LAURELVIEW COURT, FREMONT CA 94538
Wendy Arienzo director 5245 HELLYER AVE, SAN JOSE CA 95138
Larry J Sparks officer: Chief Financial Officer 3185 LAURELVIEW CT, FREMONT CA 94538