Chief Telecom (ROCO:6561) Days Payable : 25.54 (As of Mar. 2024)

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What is Chief Telecom Days Payable?

Chief Telecom's average Accounts Payable for the three months ended in Mar. 2024 was NT$121 Mil. Chief Telecom's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$433 Mil. Hence, Chief Telecom's Days Payable for the three months ended in Mar. 2024 was 25.54.

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

ROCO:6561' s Days Payable Range Over the Past 10 Years
Min: 24.48 Med: 30.06 Max: 36.7
Current: 25.39

During the past 11 years, Chief Telecom's highest Days Payable was 36.70. The lowest was 24.48. And the median was 30.06.

ROCO:6561's Days Payable is ranked worse than
89.6% of 346 companies
in the Telecommunication Services industry
Industry Median: 103.295 vs ROCO:6561: 25.39

Chief Telecom's Days Payable increased from Mar. 2023 (23.90) to Mar. 2024 (25.54). It may suggest that Chief Telecom delayed paying its suppliers.

Chief Telecom Days Payable Historical Data

The historical data trend for Chief Telecom'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.

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Chief Telecom Days Payable Chart

Chief Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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29.13

27.61

25.84

24.48

25.79

Chief Telecom 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															23.90	25.66	25.67	26.14	25.54

Competitive Comparison of Chief Telecom's Days Payable

For the Telecom Services subindustry, Chief Telecom'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.

Chief Telecom's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Chief Telecom's Days Payable distribution charts can be found below:

* The bar in red indicates where Chief Telecom's Days Payable falls into.

Chief Telecom 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.

Chief Telecom'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
=	( (109.144	+	124.97)	/	2 )	/	1656.542	*	365
=	117.057					/	1656.542	*	365
=	25.79

Chief Telecom'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
=	( (124.97	+	117.218)	/	2 )	/	432.574	*	365 / 4
=	121.094					/	432.574	*	365 / 4
=	25.54

Chief Telecom Days Payable Related Terms

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Chief Telecom (ROCO:6561) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Chief Telecom Inc (ROCO:6561) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2nd Floor, No. 68, Ruiguang Road, Nei-hu District, Taipei, TWN, 114

Website

https://www.chief.com.tw

Chief Telecom Inc provides telecommunication services in Taiwan. The company's solutions and services include internet data center (IDC) service, Voice service, Cloud service, Global Carrier solution, Digital Content Provider, Enterprise Voice Solution, and ICT Integration for Traveling Industry.

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