SkyWater Technology (SkyWater Technology) Days Payable : 23.10 (As of Dec. 2023)

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What is SkyWater Technology Days Payable?

SkyWater Technology's average Accounts Payable for the three months ended in Dec. 2023 was $17.0 Mil. SkyWater Technology's Cost of Goods Sold for the three months ended in Dec. 2023 was $67.1 Mil. Hence, SkyWater Technology's Days Payable for the three months ended in Dec. 2023 was 23.10.

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

SKYT' s Days Payable Range Over the Past 10 Years
Min: 26.18 Med: 32.68 Max: 43.48
Current: 26.71

During the past 5 years, SkyWater Technology's highest Days Payable was 43.48. The lowest was 26.18. And the median was 32.68.

SKYT's Days Payable is ranked worse than
80.6% of 964 companies
in the Semiconductors industry
Industry Median: 51.75 vs SKYT: 26.71

SkyWater Technology's Days Payable declined from Dec. 2022 (37.81) to Dec. 2023 (23.10). It may suggest that SkyWater Technology accelerated paying its suppliers.

SkyWater Technology Days Payable Historical Data

The historical data trend for SkyWater Technology'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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SkyWater Technology Days Payable Chart

SkyWater Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

36.89

43.48

26.18

28.05

32.68

SkyWater Technology Quarterly Data
	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												37.81	32.21	24.14	22.67	23.10

Competitive Comparison of SkyWater Technology's Days Payable

For the Semiconductors subindustry, SkyWater Technology'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.

SkyWater Technology's Days Payable Distribution in the Semiconductors Industry

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

* The bar in red indicates where SkyWater Technology's Days Payable falls into.

SkyWater Technology 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.

SkyWater Technology'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
=	( (21.102	+	19.614)	/	2 )	/	227.39	*	365
=	20.358					/	227.39	*	365
=	32.68

SkyWater Technology'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
=	( (14.378	+	19.614)	/	2 )	/	67.143	*	365 / 4
=	16.996					/	67.143	*	365 / 4
=	23.10

SkyWater Technology Days Payable Related Terms

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SkyWater Technology (SkyWater Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SkyWater Technology Inc (NAS:SKYT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2401 East 86th Street, Bloomington, MN, USA, 55425

Website

https://www.skywatertechnology.com

SkyWater Technology Inc is a U.S.-based, independent, pure-play technology foundry that offers semiconductor development and manufacturing services from its fabrication facilities. In its technology as a service model, it leverages a foundation of proprietary technology to co-develop process technology intellectual property (IP) with its customers that enable disruptive concepts through its Technology Services for diverse microelectronics (integrated circuits) and related micro- and nanotechnology applications. It focuses on serving diversified, high-growth, end users in numerous vertical markets, including computation, aerospace, defense, or A&D, automotive and transportation, bio-health, consumer, and industrial/internet of things.

Executives

Thomas Sonderman	director, officer: President & CEO	16 JONSPIN ROAD, WILMINGTON MA 01887
Christopher Hilberg	officer: Chief Legal Officer	2401 EAST 86TH STREET, BLOOMINGTON MN 55425
Loren A Unterseher	director, 10 percent owner	8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445
Edward Daly	director	2401 EAST 86TH STREET, BLOOMINGTON MN 55425
John Sakamoto	officer: President and COO	2401 EAST 86TH STREET, BLOOMINGTON MN 55425
Steve Manko	officer: CFO	2401 EAST 86TH ST, BLOOMINGTON MN 55425
Bradley Ferguson	officer: Chief Govt Affairs Officer	2401 EAST 86TH STREET, BLOOMINGTON MN 55425
Steve Kosier	officer: Chief Technology Officer	2401 EAST 86TH STREET, BLOOMINGTON MN 55425
Amanda Daniel	officer: Chief Human Resources Officer	2401 EAST 86TH STREET, BLOOMINGTON MN 55425
Mark Litecky	officer: Chief Revenue Officer	2401 EAST 86TH STREET, BLOOMINGTON MN 55425
Ddk Developments, L.l.c.	10 percent owner	C/O BART L. ZIBROWSKI, 740 SADDLE WOOD DRIVE, EAGAN MN 55123
Bart L Zibrowski	10 percent owner	740 SADDLE WOOD DRIVE, EAGAN MN 55123
Gregory B Graves	director	129 CONCORD ROAD, BILLERICA MA 01821
John T Kurtzweil	director	C/O CIRRUS LOGIC, INC., 2901 VIA FORTUNA, AUSTIN TX 78746
Cmi Oxbow Partners, Llc	director, 10 percent owner	C/O OXBOW INDUSTRIES, LLC, 4450 EXCELSIOR BOULEVARD, SUITE 440, MINNEAPOLIS MN 55416