Alliance Material Co (ROCO:3595) Days Payable : 45.05 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Alliance Material Co Days Payable?

Alliance Material Co's average Accounts Payable for the six months ended in Dec. 2023 was NT$19.2 Mil. Alliance Material Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$77.7 Mil. Hence, Alliance Material Co's Days Payable for the six months ended in Dec. 2023 was 45.05.

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

ROCO:3595' s Days Payable Range Over the Past 10 Years
Min: 41.65 Med: 69.81 Max: 123.98
Current: 41.65

During the past 13 years, Alliance Material Co's highest Days Payable was 123.98. The lowest was 41.65. And the median was 69.81.

ROCO:3595's Days Payable is ranked worse than
76.24% of 2420 companies
in the Hardware industry
Industry Median: 67.93 vs ROCO:3595: 41.65

Alliance Material Co's Days Payable declined from Dec. 2022 (69.23) to Dec. 2023 (45.05). It may suggest that Alliance Material Co accelerated paying its suppliers.

Alliance Material Co Days Payable Historical Data

The historical data trend for Alliance Material Co'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.

Alliance Material Co Days Payable Chart

Alliance Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

59.87

67.69

60.71

49.98

47.60

Alliance Material Co 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															56.87	61.16	69.23	32.29	45.05

Competitive Comparison of Alliance Material Co's Days Payable

For the Electronic Components subindustry, Alliance Material Co'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.

Alliance Material Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Alliance Material Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Alliance Material Co's Days Payable falls into.

Alliance Material Co 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.

Alliance Material Co'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
=	( (14.795	+	25.707)	/	2 )	/	155.27	*	365
=	20.251					/	155.27	*	365
=	47.60

Alliance Material Co'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
=	( (12.655	+	25.707)	/	2 )	/	77.707	*	365 / 2
=	19.181					/	77.707	*	365 / 2
=	45.05

Alliance Material Co Days Payable Related Terms

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

Alliance Material Co (ROCO:3595) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Alliance Material Co Ltd (ROCO:3595) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jhong-He Street, No. 1, Lane 15, Lane 191, Jhu-Bei City, Hsin Chu, TWN, 302

Website

http://www.amctape.com

Alliance Material Co Ltd is engaged in the production of LCD backlight module optical film. It offers black and white tape, optical tape, plastic protective film, UV light curing resin and the provision of cutting and processing services. The company also provides all kinds of materials professional consulting services.

Alliance Material Co (ROCO:3595) Headlines

No Headlines