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Top Union Electronics (ROCO:6266) Days Payable : 60.09 (As of Mar. 2024)


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What is Top Union Electronics Days Payable?

Top Union Electronics's average Accounts Payable for the three months ended in Mar. 2024 was NT$421 Mil. Top Union Electronics's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$639 Mil. Hence, Top Union Electronics's Days Payable for the three months ended in Mar. 2024 was 60.09.

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

ROCO:6266' s Days Payable Range Over the Past 10 Years
Min: 51.52   Med: 74.53   Max: 84.64
Current: 83.67

During the past 13 years, Top Union Electronics's highest Days Payable was 84.64. The lowest was 51.52. And the median was 74.53.

ROCO:6266's Days Payable is ranked better than
72.51% of 964 companies
in the Semiconductors industry
Industry Median: 51.61 vs ROCO:6266: 83.67

Top Union Electronics's Days Payable declined from Dec. 2022 (65.30) to Mar. 2024 (60.09). It may suggest that Top Union Electronics accelerated paying its suppliers.


Top Union Electronics Days Payable Historical Data

The historical data trend for Top Union 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.

Top Union Electronics Days Payable Chart

Top Union Electronics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.64 77.06 66.01 74.93 74.12

Top Union Electronics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 65.30 59.85 62.36 63.23 60.09

Competitive Comparison of Top Union Electronics's Days Payable

For the Semiconductor Equipment & Materials subindustry, Top Union 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.


Top Union Electronics's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Top Union Electronics's Days Payable distribution charts can be found below:

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



Top Union 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.

Top Union Electronics's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (607.01 + 491.811) / 2 ) / 2705.401*365
=549.4105 / 2705.401*365
=74.12

Top Union 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: Sep. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (437.27 + 404.638) / 2 ) / 639.22*365 / 4
=420.954 / 639.22*365 / 4
=60.09

* 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.


Top Union Electronics Days Payable Related Terms

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Top Union Electronics (ROCO:6266) Business Description

Traded in Other Exchanges
N/A
Address
No. 480, Niupu East Road, Hsinchu, TWN
Top Union Electronics Corp is principally engaged in the design, manufacture, and technical support of electronic products and communication equipment, as well as providing surface mount technology (SMT) services, processing, and international trade business.

Top Union Electronics (ROCO:6266) Headlines

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