GigaMedia (GigaMedia) Days Payable : 8.07 (As of Mar. 2024)

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What is GigaMedia Days Payable?

GigaMedia's average Accounts Payable for the three months ended in Mar. 2024 was $0.03 Mil. GigaMedia's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.38 Mil. Hence, GigaMedia's Days Payable for the three months ended in Mar. 2024 was 8.07.

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

GIGM' s Days Payable Range Over the Past 10 Years
Min: 8.27 Med: 17.07 Max: 45.4
Current: 8.81

During the past 13 years, GigaMedia's highest Days Payable was 45.40. The lowest was 8.27. And the median was 17.07.

GIGM's Days Payable is ranked worse than
91.24% of 434 companies
in the Interactive Media industry
Industry Median: 60.975 vs GIGM: 8.81

GigaMedia's Days Payable declined from Mar. 2023 (11.30) to Mar. 2024 (8.07). It may suggest that GigaMedia accelerated paying its suppliers.

GigaMedia Days Payable Historical Data

The historical data trend for GigaMedia'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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GigaMedia Days Payable Chart

GigaMedia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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10.01

8.27

13.28

13.37

9.59

GigaMedia 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															11.30	10.74	5.42	9.13	8.07

Competitive Comparison of GigaMedia's Days Payable

For the Electronic Gaming & Multimedia subindustry, GigaMedia'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.

GigaMedia's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GigaMedia's Days Payable distribution charts can be found below:

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

GigaMedia 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.

GigaMedia'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
=	( (0.053	+	0.044)	/	2 )	/	1.846	*	365
=	0.0485					/	1.846	*	365
=	9.59

GigaMedia's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.044	+	0.023)	/	2 )	/	0.379	*	365 / 4
=	0.0335					/	0.379	*	365 / 4
=	8.07

GigaMedia Days Payable Related Terms

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GigaMedia (GigaMedia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » GigaMedia Ltd (NAS:GIGM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GIFN:Germany

Address

Section 2, Tiding Boulevard, Lane 407, 8th Floor, No. 22, Neihu District, Taipei, TWN, 114

Website

http://www.gigamedia.com

GigaMedia Ltd is a publisher of online games. It has only one reportable segment, Digital Entertainment service. Digital Entertainment service business operates a portfolio of online games, mainly targeting online game players across Europe, Asia, including Greater China and Southeast Asia. The company's portfolio of online games includes predominantly PC-based, non-cash gambling or casino casual games, including MahJong and various card and table games. The company's product lines include MahJong, AkaSeka, Yume 100, Fun Vegas, and others. The company operates in Taiwan and Hong Kong.

Executives

Cheng-ming Huang	director, officer: CEO	8F, NO.22, LANE 407, SEC. 2 TIDING BLVD., TAIPEI F5 114
Hwang Collin	director	8F, NO. 22, LANE 407, SECTION 2, TIDING BLVD., TAIPEI F5 114
Criterion Capital Partners Master Fund, L.p.	10 percent owner	STRATHVALE HOUSE-GROUND FLOOR, NORTH CHURCH STREET, GEORGE TOWN E9 00000
Sanjay Motwani	other: N/A	C/O SANSAR CAPITAL MANAGEMENT, L.L.C., 25 WEST 53RD STREET, NEW YORK NY 10019
Sansar Performance, L.p.	other: N/A	C/O SANSAR CAPITAL MANAGEMENT, L.L.C., 25 WEST 53RD STREET, NEW YORK NY 10019
Sansar Capital Master Fund, L.p.	other: N/A	C/O SANSAR CAPITAL MANAGEMENT, L.L.C., 25 WEST 53RD STREET, NEW YORK NY 10019
Sansar Capital Special Opportunity Master Fund, L.p.	other: N/A	25 W 53RD STREET, 14TH FLOOR, NEW YORK NY 10019
Sansar Capital Management, L.l.c.	other: N/A	25 W 53RD STREET, 14TH FLOOR, NEW YORK NY 10019