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Lanner Electronics (ROCO:6245) Days Payable : 96.46 (As of Mar. 2024)


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What is Lanner Electronics Days Payable?

Lanner Electronics's average Accounts Payable for the three months ended in Mar. 2024 was NT$1,150 Mil. Lanner Electronics's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,088 Mil. Hence, Lanner Electronics's Days Payable for the three months ended in Mar. 2024 was 96.46.

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

ROCO:6245' s Days Payable Range Over the Past 10 Years
Min: 56.57   Med: 85.42   Max: 91.39
Current: 73.11

During the past 13 years, Lanner Electronics's highest Days Payable was 91.39. The lowest was 56.57. And the median was 85.42.

ROCO:6245's Days Payable is ranked better than
54.3% of 2420 companies
in the Hardware industry
Industry Median: 67.93 vs ROCO:6245: 73.11

Lanner Electronics's Days Payable increased from Mar. 2023 (80.73) to Mar. 2024 (96.46). It may suggest that Lanner Electronics delayed paying its suppliers.


Lanner Electronics Days Payable Historical Data

The historical data trend for Lanner 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.

Lanner Electronics Days Payable Chart

Lanner 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 84.26 75.92 87.84 86.69 91.39

Lanner 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 80.73 57.54 74.02 69.22 96.46

Competitive Comparison of Lanner Electronics's Days Payable

For the Computer Hardware subindustry, Lanner 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.


Lanner Electronics's Days Payable Distribution in the Hardware Industry

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

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



Lanner 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.

Lanner 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
=( (1587.81 + 1192.817) / 2 ) / 5552.475*365
=1390.3135 / 5552.475*365
=91.39

Lanner 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
=( (1192.817 + 1106.658) / 2 ) / 1087.593*365 / 4
=1149.7375 / 1087.593*365 / 4
=96.46

* 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.


Lanner Electronics Days Payable Related Terms

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Lanner Electronics (ROCO:6245) Business Description

Traded in Other Exchanges
N/A
Address
No. 173, Datong Road, 7th Floor, Section 2, XiZhi District, New Taipei, TWN, 22184
Lanner Electronics Inc is a Taiwan-based company that engages in the provision of engineering and manufacturing services for network appliances and rugged applied computing platforms for system integrators, service providers, and application developers. Its products include telecommunication data center appliances, industrial communication platforms, embedded boxes, vehicle computers, and embedded boards. Geographically, it derives a majority of its revenue from the United States.

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