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ADI (Analog Devices) Days Payable : 38.63 (As of Jul. 2024)


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What is Analog Devices Days Payable?

Analog Devices's average Accounts Payable for the three months ended in Jul. 2024 was $424 Mil. Analog Devices's Cost of Goods Sold for the three months ended in Jul. 2024 was $1,001 Mil. Hence, Analog Devices's Days Payable for the three months ended in Jul. 2024 was 38.63.

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

ADI' s Days Payable Range Over the Past 10 Years
Min: 35.84   Med: 44.59   Max: 52.83
Current: 41.5

During the past 13 years, Analog Devices's highest Days Payable was 52.83. The lowest was 35.84. And the median was 44.59.

ADI's Days Payable is ranked worse than
63.43% of 968 companies
in the Semiconductors industry
Industry Median: 52.125 vs ADI: 41.50

Analog Devices's Days Payable declined from Jul. 2023 (47.25) to Jul. 2024 (38.63). It may suggest that Analog Devices accelerated paying its suppliers.


Analog Devices Days Payable Historical Data

The historical data trend for Analog Devices'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.

Analog Devices Days Payable Chart

Analog Devices Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.87 43.18 43.82 41.77 44.31

Analog Devices Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 47.25 46.00 39.14 38.25 38.63

Competitive Comparison of Analog Devices's Days Payable

For the Semiconductors subindustry, Analog Devices'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.


Analog Devices's Days Payable Distribution in the Semiconductors Industry

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

* The bar in red indicates where Analog Devices's Days Payable falls into.



Analog Devices 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.

Analog Devices's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

Days Payable (A: Oct. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2022 ) + Accounts Payable (A: Oct. 2023 )) / count ) / Cost of Goods Sold (A: Oct. 2023 )*Days in Period
=( (582.16 + 493.041) / 2 ) / 4428.321*365
=537.6005 / 4428.321*365
=44.31

Analog Devices's Days Payable for the quarter that ended in Jul. 2024 is calculated as:

Days Payable (Q: Jul. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Apr. 2024 ) + Accounts Payable (Q: Jul. 2024 )) / count ) / Cost of Goods Sold (Q: Jul. 2024 )*Days in Period
=( (422.683 + 424.735) / 2 ) / 1000.97*365 / 4
=423.709 / 1000.97*365 / 4
=38.63

* 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.


Analog Devices Days Payable Related Terms

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Analog Devices Business Description

Address
One Analog Way, Wilmington, MA, USA, 01887
Analog Devices is a leading analog, mixed signal, and digital signal processing chipmaker. The firm has a significant market share lead in converter chips, which are used to translate analog signals to digital and vice versa. The company serves tens of thousands of customers, and more than half of its chip sales are made to industrial and automotive end markets. Analog Devices' chips are also incorporated into wireless infrastructure equipment.
Executives
Vincent Roche officer: V.P., WORLDWIDE SALES
Edward H. Frank director C/O FUSION-IO, INC., 2855 E. COTTONWOOD PARKWAY, SUITE 100, SALT LAKE CITY UT 84121
Gregory M Bryant officer: Executive Vice President 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
James Champy director C/O PEROT SYSTEMS CORP, 2300 WEST PLANO PKWY, PLANO TX 75075
Michael Sondel officer: CAO (principal acct. officer) ONE TECHNOLOGY WAY, NORWOOD MA 02062
Vivek Jain officer: SVP, Global Operations 120 SAN GABRIEL DRIVE, SUNNYVALE CA 94086
James Michael Mollica officer: Interim CFO C/O ANALOG DEVICES, INC., ONE ANALOG WAY, WILMINGTON MA 01887
Prashanth Mahendra-rajah officer: SVP, Finance & CFO C/O WABCO HOLDINGS INC., ONE CENTENNIAL AVENUE, PISCATAWAY NJ 08855
Kenton J Sicchitano director ONE TECHNOLOGY WAY, C/O ANALOG DEVICES, INC., NORWOOD MA 02062
Stephen M Jennings director LTX CORPORATION, UNIVERSITY AVE, WESTWOOD MA 02090
Tunc Doluca director
Ray Stata director, officer: CHAIRMAN
Andre' Andonian director ONE ANALOG WAY, WILMINGTON MA 01887
Bruce R Evans director C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Mercedes Johnson director MICRON TECHNOLOGY, INC, 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716