Gallant Precision Machining Co (ROCO:5443) Days Payable : 135.43 (As of Mar. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Gallant Precision Machining Co Days Payable?

Gallant Precision Machining Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$1,105 Mil. Gallant Precision Machining Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$745 Mil. Hence, Gallant Precision Machining Co's Days Payable for the three months ended in Mar. 2024 was 135.43.

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

ROCO:5443' s Days Payable Range Over the Past 10 Years
Min: 106.01 Med: 150.44 Max: 197.21
Current: 133.93

During the past 13 years, Gallant Precision Machining Co's highest Days Payable was 197.21. The lowest was 106.01. And the median was 150.44.

ROCO:5443's Days Payable is ranked better than
84.13% of 964 companies
in the Semiconductors industry
Industry Median: 51.61 vs ROCO:5443: 133.93

Gallant Precision Machining Co's Days Payable declined from Mar. 2023 (190.85) to Mar. 2024 (135.43). It may suggest that Gallant Precision Machining Co accelerated paying its suppliers.

Gallant Precision Machining Co Days Payable Historical Data

The historical data trend for Gallant Precision Machining 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.

Gallant Precision Machining Co Days Payable Chart

Gallant Precision Machining Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

155.89

144.98

117.21

143.50

197.21

Gallant Precision Machining Co 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															190.85	138.21	135.58	128.20	135.43

Competitive Comparison of Gallant Precision Machining Co's Days Payable

For the Semiconductor Equipment & Materials subindustry, Gallant Precision Machining 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.

Gallant Precision Machining Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Gallant Precision Machining Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Gallant Precision Machining Co's Days Payable falls into.

Gallant Precision Machining 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.

Gallant Precision Machining 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
=	( (1364.793	+	1133.875)	/	2 )	/	2312.317	*	365
=	1249.334					/	2312.317	*	365
=	197.21

Gallant Precision Machining Co'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
=	( (1133.875	+	1076.184)	/	2 )	/	744.562	*	365 / 4
=	1105.0295					/	744.562	*	365 / 4
=	135.43

Gallant Precision Machining Co Days Payable Related Terms

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

Gallant Precision Machining Co (ROCO:5443) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Gallant Precision Machining Co Ltd (ROCO:5443) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5-1, Innovation 1st Road, Science-Based Industrial Park, Hsinchu, TWN, 300

Website

https://www.gpmcorp.com.tw

Gallant Precision Machining Co Ltd is engaged in the design, manufacture, and sale of molds and machinery, metal parts and mold parts, stamping parts and die-cast parts, and automated manufacturing systems and their unit equipment. Geographically, it derives a majority of revenue from China. It generates maximum revenue from the display process equipment.

Gallant Precision Machining Co (ROCO:5443) Headlines

No Headlines