TTM Technologies (TTM Technologies) Days Payable : 67.45 (As of Dec. 2023)

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What is TTM Technologies Days Payable?

TTM Technologies's average Accounts Payable for the three months ended in Dec. 2023 was $335 Mil. TTM Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $454 Mil. Hence, TTM Technologies's Days Payable for the three months ended in Dec. 2023 was 67.45.

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

TTMI' s Days Payable Range Over the Past 10 Years
Min: 62.61 Med: 68.83 Max: 92.36
Current: 65.46

During the past 13 years, TTM Technologies's highest Days Payable was 92.36. The lowest was 62.61. And the median was 68.83.

TTMI's Days Payable is ranked worse than
52.39% of 2422 companies
in the Hardware industry
Industry Median: 67.85 vs TTMI: 65.46

TTM Technologies's Days Payable declined from Dec. 2022 (70.74) to Dec. 2023 (67.45). It may suggest that TTM Technologies accelerated paying its suppliers.

TTM Technologies Days Payable Historical Data

The historical data trend for TTM Technologies'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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TTM Technologies Days Payable Chart

TTM Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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79.10

68.66

66.96

64.80

69.86

TTM Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															67.16	63.05	63.81	67.45	66.87

Competitive Comparison of TTM Technologies's Days Payable

For the Electronic Components subindustry, TTM Technologies'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.

TTM Technologies's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where TTM Technologies's Days Payable falls into.

TTM Technologies 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.

TTM Technologies'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
=	( (361.788	+	334.609)	/	2 )	/	1819.299	*	365
=	348.1985					/	1819.299	*	365
=	69.86

TTM Technologies'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
=	( (336.07	+	334.609)	/	2 )	/	453.671	*	365 / 4
=	335.3395					/	453.671	*	365 / 4
=	67.45

TTM Technologies Days Payable Related Terms

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TTM Technologies (TTM Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TTM Technologies Inc (NAS:TTMI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TT1:Germany

Address

200 East Sandpointe, Suite 400, Santa Ana, CA, USA, 92707

Website

https://www.ttm.com

TTM Technologies Inc manufactures printed circuit boards. The company is based in the United States and derives roughly half of its revenue domestically. The company organizes itself into two segments: printed circuit boards and RF&S Components. The printed circuit boards segment, which contributes the majority of revenue, offers a range of printed circuit boards as well as layout design and simulation, and testing services. TTM Technologies' products are used in manufacturing, networking, telecommunications, computing, aerospace, and medical fields.

Executives

Robert P. Farrell	officer: President C&C	200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Shawn A. Powers	officer: EVP, Human Resources	1665 SCENIC AVENUE SUITE 250, COSTA MESA CA 92626
Daniel L. Boehle	officer: EVP of Finance	C/O AEROJET ROCKETDYNE HOLDINGS, INC., 222 N. SEPULVEDA BOULEVARD, SUITE 500, EL SEGUNDO CA 90245
Dale Martin Knecht	officer: SVP Information Technology	200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Daniel J Weber	officer: See Remarks	1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Catherine A Gridley	officer: SVP & President of A&D BU	200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Tony Sanchez	officer: Vice President & Controller	1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Tom Clapprood	officer: President A&D Radar Systems	200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Todd B Schull	officer: Executive Vice President	1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Philip Titterton	officer: See Remarks	1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Tai Keung Chung	officer: See Remarks	NO. 4 DAI SHUN STREET, TAI PO INDUSTRIAL ESTATE, TAI PO, NT,, HONG KONG K3 00000
Pamela B. Jackson	director	200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
William Kent Hardwick	officer: SVP Global Sales and EMS	5 KENTWOOD COURT, SCOTTS VALLEY CA 95066
Douglas L Soder	officer: Executive Vice President	1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Jeff Jankowsky	officer: President, C&C BU	1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626