Teradyne Inc (TER)

Number of days of payables

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Payables turnover 6.33 9.22 9.77 9.99 7.54
Number of days of payables days 57.70 39.60 37.36 36.52 48.39

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.33
= 57.70

The number of days of payables for Teradyne, Inc. has shown some fluctuations over the past five years. In 2023, the number of days of payables increased to 57.70 days from 39.60 days in 2022, indicating that the company is taking longer to pay its suppliers. This may suggest a potential liquidity issue or a change in the company's payment policies.

Comparing to previous years, the number of days of payables was relatively stable between 2020 and 2022, ranging from 36.52 to 39.60 days. However, in 2019, the number of days of payables was higher at 48.39 days.

Overall, the trend in the number of days of payables for Teradyne, Inc. has been fluctuating, with a notable increase in 2023. Further analysis of the company's financial performance and cash flow management practices would be necessary to understand the reasons behind this change and its potential implications for the company's financial health.


Peer comparison

Dec 31, 2023


See also:

Teradyne Inc Average Payables Payment Period