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TSC Auto ID Technology (ROCO:3611) Days Payable : 46.23 (As of Dec. 2023)


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What is TSC Auto ID Technology Days Payable?

TSC Auto ID Technology's average Accounts Payable for the three months ended in Dec. 2023 was NT$746 Mil. TSC Auto ID Technology's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$1,472 Mil. Hence, TSC Auto ID Technology's Days Payable for the three months ended in Dec. 2023 was 46.23.

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

ROCO:3611' s Days Payable Range Over the Past 10 Years
Min: 45.74   Med: 64.21   Max: 101.73
Current: 48.19

During the past 13 years, TSC Auto ID Technology's highest Days Payable was 101.73. The lowest was 45.74. And the median was 64.21.

ROCO:3611's Days Payable is ranked worse than
69.89% of 2421 companies
in the Hardware industry
Industry Median: 67.93 vs ROCO:3611: 48.19

TSC Auto ID Technology's Days Payable increased from Dec. 2022 (46.02) to Dec. 2023 (46.23). It may suggest that TSC Auto ID Technology delayed paying its suppliers.


TSC Auto ID Technology Days Payable Historical Data

The historical data trend for TSC Auto ID 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.

TSC Auto ID Technology Days Payable Chart

TSC Auto ID Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.22 52.63 51.81 49.98 45.74

TSC Auto ID Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.02 51.19 47.32 50.87 46.23

Competitive Comparison of TSC Auto ID Technology's Days Payable

For the Computer Hardware subindustry, TSC Auto ID 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.


TSC Auto ID Technology's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TSC Auto ID Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where TSC Auto ID Technology's Days Payable falls into.



TSC Auto ID 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.

TSC Auto ID 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
=( (698.489 + 691.237) / 2 ) / 5544.541*365
=694.863 / 5544.541*365
=45.74

TSC Auto ID 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: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (800.264 + 691.237) / 2 ) / 1472.03*365 / 4
=745.7505 / 1472.03*365 / 4
=46.23

* 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.


TSC Auto ID Technology Days Payable Related Terms

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TSC Auto ID Technology (ROCO:3611) Business Description

Traded in Other Exchanges
N/A
Address
No. 95, Minquan Road, 9th Floor, Xindian District, New Taipei, TWN, 231
TSC Auto ID Technology Corp is a company in auto-identification systems/products manufacturing and services. Its product categories include Industrial Printers; Desktop Printers; Mobile Printers; Enterprise Printers; Print Engines and Modules; Barcode Inspection Printers; Color Label Printers; and others. The company's Segment A sells barcode printers and relevant components. Segment B sells labels and printer consumables.

TSC Auto ID Technology (ROCO:3611) Headlines

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