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C C P Contact Probes Co (ROCO:6217) Days Payable : 73.22 (As of Mar. 2024)


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What is C C P Contact Probes Co Days Payable?

C C P Contact Probes Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$349 Mil. C C P Contact Probes Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$435 Mil. Hence, C C P Contact Probes Co's Days Payable for the three months ended in Mar. 2024 was 73.22.

The historical rank and industry rank for C C P Contact Probes Co's Days Payable or its related term are showing as below:

ROCO:6217' s Days Payable Range Over the Past 10 Years
Min: 37.36   Med: 64.9   Max: 81.75
Current: 59.47

During the past 13 years, C C P Contact Probes Co's highest Days Payable was 81.75. The lowest was 37.36. And the median was 64.90.

ROCO:6217's Days Payable is ranked worse than
58.61% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs ROCO:6217: 59.47

C C P Contact Probes Co's Days Payable increased from Mar. 2023 (47.64) to Mar. 2024 (73.22). It may suggest that C C P Contact Probes Co delayed paying its suppliers.


C C P Contact Probes Co Days Payable Historical Data

The historical data trend for C C P Contact Probes 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.

C C P Contact Probes Co Days Payable Chart

C C P Contact Probes Co 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 45.38 67.09 66.98 56.26 45.87

C C P Contact Probes 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 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 47.64 50.64 48.59 54.59 73.22

Competitive Comparison of C C P Contact Probes Co's Days Payable

For the Electronic Components subindustry, C C P Contact Probes 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.


C C P Contact Probes Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, C C P Contact Probes Co's Days Payable distribution charts can be found below:

* The bar in red indicates where C C P Contact Probes Co's Days Payable falls into.



C C P Contact Probes 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.

C C P Contact Probes 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
=( (273.342 + 213.875) / 2 ) / 1938.536*365
=243.6085 / 1938.536*365
=45.87

C C P Contact Probes 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
=( (213.875 + 483.504) / 2 ) / 434.558*365 / 4
=348.6895 / 434.558*365 / 4
=73.22

* 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.


C C P Contact Probes Co Days Payable Related Terms

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C C P Contact Probes Co (ROCO:6217) Business Description

Traded in Other Exchanges
N/A
Address
5F, No.8 Lane 24 Ho Ping Road, Panchiao Dist., New Taipei City, TWN
C C P Contact Probes Co Ltd offers testing solutions, including wafer level testing, general final test, high current solution, high-frequency solution, kelvin contact solution, memory test solution, burn-in test solution, fine pitch connector test, ATE connecting solution, IC probe search, and ICT probe search solutions. It also provides Pogo pin connectors, EV crown springs and Industrial connectors.

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