Benchmark Electronics Inc (BHE)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 6.74 | 6.99 | 6.20 | 4.80 | 6.65 | |
| Number of days of payables | days | 54.18 | 52.23 | 58.86 | 75.97 | 54.85 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.74
= 54.18
Based on the data provided, Benchmark Electronics Inc's number of days of payables has shown fluctuations over the years. The trend indicates that the company took approximately 54.85 days to pay its payables as of December 31, 2020, which increased to about 75.97 days by December 31, 2021. However, there was a decrease in the number of days of payables to 58.86 days as of December 31, 2022.
Subsequently, there was a further decline in the number of days of payables to around 52.23 days by December 31, 2023. Finally, as of December 31, 2024, Benchmark Electronics Inc's number of days of payables increased slightly to approximately 54.18 days.
Overall, the company's management of payables reflects variability in its payment terms, potentially influenced by factors such as cash flow management, supplier relationships, and business operating cycles. Monitoring changes in the number of days of payables can provide insights into Benchmark Electronics Inc's financial flexibility and liquidity position.
Peer comparison
Dec 31, 2024