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PENG (Penguin Solutions) Days Payable : 79.95 (As of Nov. 2024)


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What is Penguin Solutions Days Payable?

Penguin Solutions's average Accounts Payable for the three months ended in Nov. 2024 was $213 Mil. Penguin Solutions's Cost of Goods Sold for the three months ended in Nov. 2024 was $243 Mil. Hence, Penguin Solutions's Days Payable for the three months ended in Nov. 2024 was 79.95.

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

PENG' s Days Payable Range Over the Past 10 Years
Min: 69.7   Med: 98.29   Max: 205.84
Current: 78.46

During the past 10 years, Penguin Solutions's highest Days Payable was 205.84. The lowest was 69.70. And the median was 98.29.

PENG's Days Payable is ranked better than
63.33% of 2514 companies
in the Software industry
Industry Median: 50.4 vs PENG: 78.46

Penguin Solutions's Days Payable increased from Nov. 2023 (75.51) to Nov. 2024 (79.95). It may suggest that Penguin Solutions delayed paying its suppliers.


Penguin Solutions Days Payable Historical Data

The historical data trend for Penguin Solutions'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.

Penguin Solutions Days Payable Chart

Penguin Solutions Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.47 146.06 131.28 76.15 69.70

Penguin Solutions Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 75.51 74.16 73.24 76.12 79.95

Competitive Comparison of Penguin Solutions's Days Payable

For the Information Technology Services subindustry, Penguin Solutions'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.


Penguin Solutions's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Penguin Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Penguin Solutions's Days Payable falls into.


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Penguin Solutions 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.

Penguin Solutions's Days Payable for the fiscal year that ended in Aug. 2024 is calculated as

Days Payable (A: Aug. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2023 ) + Accounts Payable (A: Aug. 2024 )) / count ) / Cost of Goods Sold (A: Aug. 2024 )*Days in Period
=( (134.98 + 182.037) / 2 ) / 830.02*365
=158.5085 / 830.02*365
=69.70

Penguin Solutions's Days Payable for the quarter that ended in Nov. 2024 is calculated as:

Days Payable (Q: Nov. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2024 ) + Accounts Payable (Q: Nov. 2024 )) / count ) / Cost of Goods Sold (Q: Nov. 2024 )*Days in Period
=( (182.037 + 244.271) / 2 ) / 243.29*365 / 4
=213.154 / 243.29*365 / 4
=79.95

* 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.


Penguin Solutions Days Payable Related Terms

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


Penguin Solutions Business Description

Traded in Other Exchanges
Address
1390 McCarthy Boulevard, Milpitas, CA, USA, 94560
Penguin Solutions Inc is an end-to-end technology company engaged in Intelligent Platform Solutions, Integrated Memory, and Optimized LED business. Its product include Servers, software, OCP HPC & AI system, Racks and Edge. Servers include AMD-based Serves, Intel-based Servers, etc. Software products include Scyld ClusterWare, Scyld Cloud Central, etc. OCP HPC & AI Systems includes OCP Servers & Storage and etc.
Executives
Jack A Pacheco officer: EVP, COO, Pres, Mem Solutions SMART MODULAR TECHNOLOGIES (WWH), INC., 4211 STARBOARD DRIVE, FREMONT CA 94538
Joseph Gates Clark officer: President, LED Solutions C/O SMART MODULAR TECHNOLOGIES, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Mark Adams director, officer: President and CEO 834 TERRACE DRIVE, LOS ALTOS CA 94024
Penny Herscher director 1001 RIDDER PARK DRIVE, SAN JOSE CA 95131
Ken Rizvi officer: SVP and CFO 39870 EUREKA DRIVE, NEWARK CA 94560-4809
David C Laurello officer: President - IPS C/O SMART GLOBAL HOLDINGS, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Anne Kuykendall officer: SVP and Chief Legal Officer C/O SMART MODULAR TECHNOLOGIES, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Sandeep Nayyar director C/O SMART GLOBAL HOLDINGS, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Mary G Puma director AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Thierry Pellegrino officer: SVP, Pres. Spec. Computing C/O SMART MODULAR TECHNOLOGIES, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Mark D Papermaster director ONE AMD PLACE, SUNNYVALE CA 94088
Claude Demby officer: SVP, Pres. Cree LED C/O SMART MODULAR TECHNOLOGIES, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Ajay Shah director 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Mukesh Patel director C/O SMART GLOBAL HOLDINGS, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Silver Lake (offshore) Aiv Gp Iii, Ltd. 10 percent owner C/O SILVER LAKE PARTNERS, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025