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Atech OEM (ROCO:6109) Days Payable : 84.61 (As of Mar. 2024)


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What is Atech OEM Days Payable?

Atech OEM's average Accounts Payable for the three months ended in Mar. 2024 was NT$139.6 Mil. Atech OEM's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$150.5 Mil. Hence, Atech OEM's Days Payable for the three months ended in Mar. 2024 was 84.61.

The historical rank and industry rank for Atech OEM's Days Payable or its related term are showing as below:

ROCO:6109' s Days Payable Range Over the Past 10 Years
Min: 92.84   Med: 108.55   Max: 128.04
Current: 92.84

During the past 13 years, Atech OEM's highest Days Payable was 128.04. The lowest was 92.84. And the median was 108.55.

ROCO:6109's Days Payable is ranked better than
59.17% of 2924 companies
in the Industrial Products industry
Industry Median: 76.835 vs ROCO:6109: 92.84

Atech OEM's Days Payable declined from Mar. 2023 (102.75) to Mar. 2024 (84.61). It may suggest that Atech OEM accelerated paying its suppliers.


Atech OEM Days Payable Historical Data

The historical data trend for Atech OEM'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.

Atech OEM Days Payable Chart

Atech OEM 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 95.57 128.04 110.43 96.65 94.40

Atech OEM 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 102.75 94.04 96.28 84.33 84.61

Competitive Comparison of Atech OEM's Days Payable

For the Electrical Equipment & Parts subindustry, Atech OEM'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.


Atech OEM's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Atech OEM's Days Payable distribution charts can be found below:

* The bar in red indicates where Atech OEM's Days Payable falls into.



Atech OEM 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.

Atech OEM'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
=( (261.466 + 119.397) / 2 ) / 736.289*365
=190.4315 / 736.289*365
=94.40

Atech OEM'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
=( (119.397 + 159.74) / 2 ) / 150.53*365 / 4
=139.5685 / 150.53*365 / 4
=84.61

* 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.


Atech OEM Days Payable Related Terms

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Atech OEM (ROCO:6109) Business Description

Traded in Other Exchanges
N/A
Address
Lane 235, Baoqiao Road, 2nd Floor, No. 135, Xindian Dist, New Taipei City, TWN, 10607
Atech OEM Inc is a Taiwan-based company engaged in the business of processing, manufacturing, and trading of power supply units, power transformers for communication devices, mobile phone chargers, and wireless Bluetooth products. Its products include office equipment transformers, Bluetooth transition devices, local area network (LAN) and among others.

Atech OEM (ROCO:6109) Headlines

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