Micro Base Technology (ROCO:3184) Days Payable : 48.61 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Micro Base Technology Days Payable?

Micro Base Technology's average Accounts Payable for the six months ended in Dec. 2023 was NT$13.4 Mil. Micro Base Technology's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$50.3 Mil. Hence, Micro Base Technology's Days Payable for the six months ended in Dec. 2023 was 48.61.

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

ROCO:3184' s Days Payable Range Over the Past 10 Years
Min: 20.16 Med: 38.88 Max: 59.43
Current: 52.87

During the past 13 years, Micro Base Technology's highest Days Payable was 59.43. The lowest was 20.16. And the median was 38.88.

ROCO:3184's Days Payable is ranked worse than
65.06% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs ROCO:3184: 52.87

Micro Base Technology's Days Payable increased from Dec. 2022 (38.52) to Dec. 2023 (48.61). It may suggest that Micro Base Technology delayed paying its suppliers.

Micro Base Technology Days Payable Historical Data

The historical data trend for Micro Base Technology'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.

* Premium members only.

Micro Base Technology Days Payable Chart

Micro Base Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

59.43

31.42

24.53

39.62

59.35

Micro Base Technology Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															18.66	27.46	38.52	50.63	48.61

Competitive Comparison of Micro Base Technology's Days Payable

For the Electronic Components subindustry, Micro Base Technology'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.

Micro Base Technology's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Micro Base Technology's Days Payable falls into.

Micro Base Technology 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.

Micro Base Technology'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
=	( (17.071	+	15.767)	/	2 )	/	100.97	*	365
=	16.419					/	100.97	*	365
=	59.35

Micro Base Technology'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (11.036	+	15.767)	/	2 )	/	50.315	*	365 / 2
=	13.4015					/	50.315	*	365 / 2
=	48.61

Micro Base Technology Days Payable Related Terms

Thank you for viewing the detailed overview of Micro Base Technology's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Micro Base Technology (ROCO:3184) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Micro Base Technology Corp (ROCO:3184) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.756, Qiajuan Road, Bade District, Taoyuan, TWN, 33464

Website

https://www.microbasetech.com

Micro Base Technology Corp is engaged in the development of Laser LIGA, a non-silicon-based micromachining technology. It is involved in the research and development, manufacturing, and sale of miniaturized devices, and micron-scale parts and systems in Taiwan. The company offers its products under three categories namely electronic, beauty, and medical devices. It also engaged in designing and consulting business.

Micro Base Technology (ROCO:3184) Headlines

No Headlines