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VIZIO Holding (VIZIO Holding) Days Payable : 33.29 (As of Dec. 2023)


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What is VIZIO Holding Days Payable?

VIZIO Holding's average Accounts Payable for the three months ended in Dec. 2023 was $148 Mil. VIZIO Holding's Cost of Goods Sold for the three months ended in Dec. 2023 was $405 Mil. Hence, VIZIO Holding's Days Payable for the three months ended in Dec. 2023 was 33.29.

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

VZIO' s Days Payable Range Over the Past 10 Years
Min: 27.79   Med: 34.68   Max: 37.91
Current: 34.94

During the past 6 years, VIZIO Holding's highest Days Payable was 37.91. The lowest was 27.79. And the median was 34.68.

VZIO's Days Payable is ranked worse than
83.73% of 2421 companies
in the Hardware industry
Industry Median: 67.83 vs VZIO: 34.94

VIZIO Holding's Days Payable increased from Dec. 2022 (23.70) to Dec. 2023 (33.29). It may suggest that VIZIO Holding delayed paying its suppliers.


VIZIO Holding Days Payable Historical Data

The historical data trend for VIZIO Holding'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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VIZIO Holding Days Payable Chart

VIZIO Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 36.03 34.68 29.00 27.79 37.91

VIZIO Holding Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 23.70 34.84 32.75 36.12 33.29

Competitive Comparison of VIZIO Holding's Days Payable

For the Consumer Electronics subindustry, VIZIO Holding'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.


VIZIO Holding's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where VIZIO Holding's Days Payable falls into.



VIZIO Holding 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.

VIZIO Holding'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
=( (117.2 + 157.8) / 2 ) / 1323.7*365
=137.5 / 1323.7*365
=37.91

VIZIO Holding's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (137.3 + 157.8) / 2 ) / 404.5*365 / 4
=147.55 / 404.5*365 / 4
=33.29

* 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.


VIZIO Holding Days Payable Related Terms

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VIZIO Holding (VIZIO Holding) Business Description

Traded in Other Exchanges
Address
39 Tesla, Irvine, CA, USA, 92618
VIZIO Holding Corp operates two distinct integrated businesses: Device and Platform+. Through Device business, it offers a range of high-performance Smart TVs designed to address specific consumer preferences, as well as a portfolio of soundbars that deliver immersive audio experiences. It generates revenue from the shipment of these devices to retailers and distributors across the United States, as well as directly to consumers through the website. The Platform+ business includes the Smart TV operating system, SmartCast, which delivers a vast amount of content and applications through an easy-to-use interface.
Executives
Michael Joseph O'donnell officer: See Remarks C/O VIZIO HOLDING CORP., 39 TESLA, IRVINE CA 92618
Adam R. Townsend officer: Chief Financial Officer C/O VIZIO HOLDING CORP., 39 TESLA, IRVINE CA 92618
Rajendra M Mohan director 1600 HARBOR BAY PARKWAY STE 200, C/O GOOD GUYS INC, ALAMEDA CA 94502
Amtran Technology Co. Ltd. 10 percent owner 17F, NO. 268, LIAN CHEN RD., JHONGHE DISTRICT, NEW TAIPEI CITY F5 235
Julia S Gouw director 415 HUNTINGTON DRIVE, SAN MARINO CA 91108
Ben Bun Wong officer: President and COO C/O VIZIO HOLDINGS, INC., 39 TESLA, IRVINE CA 92618
William Wei Wang director, 10 percent owner, officer: Chief Executive Officer C/O VIZIO HOLDINGS, INC., 39 TESLA, IRVINE CA 92618
V-tw Holdings, Llc 10 percent owner 801 RIVER DRIVE, PO BOX 1397, NORTH SIOUX CITY SD 57049
David Eugene Russell director C/O VIZIO HOLDING CORP., 39 TESLA, IRVINE CA 92618
William T Baxter officer: Chief Technology Officer C/O BSQUARE CORP, 3150 139TH AVENUE SE STE 500, BELLEVUE WA 98005
Vicky Free director 485 SPRINGFIELD AVENUE #8, SUMMIT NJ 07901
Theodore W Waitt 10 percent owner 801 RIVER DRIVE, NORTH SIOUX CITY SD 57049
Avalon Capital Group Ii, Llc 10 percent owner 801 RIVER DRIVE, PO BOX 1397, NORTH SIOUX CITY SD 57049
Q-run Holdings Ltd 10 percent owner NO.66-1,ZHONGSHAN ROAD,TUCHENG DISTRICT, NEW TAIPEI F5 236401
Foxconn Assembly Holding Corp 10 percent owner NO.2, ZIYOU STREET, TUCHENG DISTRICT, NEW TAIPEI CITY F5 236401