Vishay Intertechnology Inc (VSH)
Number of days of payables
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 12.71 | 11.81 | 10.55 | 11.08 | 12.89 | 10.92 | 9.85 | 10.12 | 9.26 | 10.17 | 9.61 | 9.75 | 9.79 | 11.82 | 12.57 | 12.52 | 11.48 | 14.70 | 13.39 | 11.28 | |
| Number of days of payables | days | 28.72 | 30.91 | 34.60 | 32.93 | 28.31 | 33.42 | 37.06 | 36.07 | 39.42 | 35.89 | 37.98 | 37.43 | 37.30 | 30.88 | 29.04 | 29.14 | 31.79 | 24.84 | 27.26 | 32.35 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.71
= 28.72
The number of days of payables for Vishay Intertechnology, Inc. has exhibited some fluctuations over the past eight quarters. The trend shows a decrease in the number of days of payables from Q2 2022 to Q1 2023, followed by a slight increase in Q2 2023, and then a decrease again in Q4 2023. This indicates that the company is taking slightly more time to pay its suppliers compared to the same quarter in the previous year but has managed to reduce the number of days of payables in the most recent quarter.
Overall, the number of days of payables for Vishay Intertechnology, Inc. has been relatively stable, staying within the range of 28 to 37 days over the past eight quarters. This suggests that the company has been managing its payables effectively without significant fluctuations. However, it would be beneficial to further analyze the reasons behind the fluctuations observed and how they may impact the company's working capital management and relationships with suppliers.
Peer comparison
Dec 31, 2023