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UTStarcom Holdings (MEX:UTSI) Days Payable : 327.54 (As of Jun. 2024)


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What is UTStarcom Holdings Days Payable?

UTStarcom Holdings's average Accounts Payable for the six months ended in Jun. 2024 was MXN131.7 Mil. UTStarcom Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was MXN73.4 Mil. Hence, UTStarcom Holdings's Days Payable for the six months ended in Jun. 2024 was 327.54.

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

MEX:UTSI' s Days Payable Range Over the Past 10 Years
Min: 93.08   Med: 253.39   Max: 513.04
Current: 253.11

During the past 13 years, UTStarcom Holdings's highest Days Payable was 513.04. The lowest was 93.08. And the median was 253.39.

MEX:UTSI's Days Payable is ranked better than
93.48% of 2409 companies
in the Hardware industry
Industry Median: 68.75 vs MEX:UTSI: 253.11

UTStarcom Holdings's Days Payable declined from Jun. 2023 (427.82) to Jun. 2024 (327.54). It may suggest that UTStarcom Holdings accelerated paying its suppliers.


UTStarcom Holdings Days Payable Historical Data

The historical data trend for UTStarcom 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.

UTStarcom Holdings Days Payable Chart

UTStarcom 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 368.46 477.68 465.91 528.96 367.16

UTStarcom Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 508.49 496.46 427.82 209.05 327.54

Competitive Comparison of UTStarcom Holdings's Days Payable

For the Communication Equipment subindustry, UTStarcom 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.


UTStarcom Holdings's Days Payable Distribution in the Hardware Industry

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

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



UTStarcom 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.

UTStarcom 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
=( (252.941 + 135.098) / 2 ) / 192.878*365
=194.0195 / 192.878*365
=367.16

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

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (135.098 + 128.204) / 2 ) / 73.354*365 / 2
=131.651 / 73.354*365 / 2
=327.54

* 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.


UTStarcom Holdings Days Payable Related Terms

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UTStarcom Holdings Business Description

Traded in Other Exchanges
Address
368 Liuhe Road, 4th Floor, South Wing, Binjiang District, Hangzhou, CHN, 310052
UTStarcom Holdings Corp operates as a telecom infrastructure provider. It develops technology for bandwidth from cloud-based services, mobile, streaming, and other applications. The range of solutions is designed to expand and modernize telecommunications networks through smooth network system integration, lower operating costs, and increased broadband access. The business activity of the firm is operated through the Equipment and Service segment. The Equipment segment is focused on equipment sales, including network infrastructure and application products, and the Service segment is engaged in providing services and support of equipment products and also the new operational support. The company operates in China, India, Japan, Taiwan and other countries.