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APAC Opto Electronics (ROCO:4908) Days Payable : 38.36 (As of Mar. 2024)


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What is APAC Opto Electronics Days Payable?

APAC Opto Electronics's average Accounts Payable for the three months ended in Mar. 2024 was NT$53.4 Mil. APAC Opto Electronics's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$126.9 Mil. Hence, APAC Opto Electronics's Days Payable for the three months ended in Mar. 2024 was 38.36.

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

ROCO:4908' s Days Payable Range Over the Past 10 Years
Min: 27.04   Med: 33.54   Max: 41.02
Current: 32.68

During the past 13 years, APAC Opto Electronics's highest Days Payable was 41.02. The lowest was 27.04. And the median was 33.54.

ROCO:4908's Days Payable is ranked worse than
85.39% of 2423 companies
in the Hardware industry
Industry Median: 67.77 vs ROCO:4908: 32.68

APAC Opto Electronics's Days Payable increased from Mar. 2023 (33.08) to Mar. 2024 (38.36). It may suggest that APAC Opto Electronics delayed paying its suppliers.


APAC Opto Electronics Days Payable Historical Data

The historical data trend for APAC Opto Electronics'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.

APAC Opto Electronics Days Payable Chart

APAC Opto Electronics 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 27.04 27.26 37.75 41.02 29.16

APAC Opto Electronics 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 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 33.08 27.64 34.30 32.77 38.36

Competitive Comparison of APAC Opto Electronics's Days Payable

For the Communication Equipment subindustry, APAC Opto Electronics'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.


APAC Opto Electronics's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, APAC Opto Electronics's Days Payable distribution charts can be found below:

* The bar in red indicates where APAC Opto Electronics's Days Payable falls into.



APAC Opto Electronics 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.

APAC Opto Electronics'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
=( (34.121 + 52.176) / 2 ) / 540.014*365
=43.1485 / 540.014*365
=29.16

APAC Opto Electronics'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
=( (52.176 + 54.558) / 2 ) / 126.935*365 / 4
=53.367 / 126.935*365 / 4
=38.36

* 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.


APAC Opto Electronics Days Payable Related Terms

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APAC Opto Electronics (ROCO:4908) Business Description

Traded in Other Exchanges
N/A
Address
3 Tzu Chiang Road, Hsinchu Industrial Park, Hukow, Hsinchu Hsien, TWN
APAC Opto Electronics Inc is a manufacturer of high-performance fiber optical transmission components for Local Area Networks (LANs), Wide Area Networks (WANs), Storage Networks (SANs), Metropolitan Area Networks (MANs), and Access Networks (ANs) in Taiwan. The products of the company include optical extender modules, optical transceiver modules, and copper transceiver modules. The company is engaged in the manufacture of wired and wireless communication equipment and electronic components, and the wholesale and retail of telecommunications equipment and electronic materials.

APAC Opto Electronics (ROCO:4908) Headlines

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