Ecocera Optronics Co (ROCO:6597) Days Payable : 48.27 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Ecocera Optronics Co Days Payable?

Ecocera Optronics Co's average Accounts Payable for the six months ended in Dec. 2023 was NT$69.6 Mil. Ecocera Optronics Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$263.0 Mil. Hence, Ecocera Optronics Co's Days Payable for the six months ended in Dec. 2023 was 48.27.

The historical rank and industry rank for Ecocera Optronics Co's Days Payable or its related term are showing as below:

ROCO:6597' s Days Payable Range Over the Past 10 Years
Min: 41.1 Med: 50.12 Max: 104.6
Current: 50.67

During the past 10 years, Ecocera Optronics Co's highest Days Payable was 104.60. The lowest was 41.10. And the median was 50.12.

ROCO:6597's Days Payable is ranked worse than
67.74% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs ROCO:6597: 50.67

Ecocera Optronics Co's Days Payable declined from Dec. 2022 (56.14) to Dec. 2023 (48.27). It may suggest that Ecocera Optronics Co accelerated paying its suppliers.

Ecocera Optronics Co Days Payable Historical Data

The historical data trend for Ecocera Optronics 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.

Ecocera Optronics Co Days Payable Chart

Ecocera Optronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

50.28

42.94

46.14

49.95

Ecocera Optronics Co Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial													56.58	52.34	56.14	54.66	48.27

Competitive Comparison of Ecocera Optronics Co's Days Payable

For the Electronic Components subindustry, Ecocera Optronics 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.

Ecocera Optronics Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ecocera Optronics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Ecocera Optronics Co's Days Payable falls into.

Ecocera Optronics 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.

Ecocera Optronics 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
=	( (53.662	+	73.033)	/	2 )	/	462.856	*	365
=	63.3475					/	462.856	*	365
=	49.95

Ecocera Optronics Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (66.071	+	73.033)	/	2 )	/	262.981	*	365 / 2
=	69.552					/	262.981	*	365 / 2
=	48.27

Ecocera Optronics Co Days Payable Related Terms

Thank you for viewing the detailed overview of Ecocera Optronics Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Ecocera Optronics Co (ROCO:6597) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ecocera Optronics Co Ltd (ROCO:6597) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nanshan Road., Luchu District, 2nd Floor, No.303, Sec. 2, Taoyuan, TWN

Website

http://www.ecocera.com.tw

Ecocera Optronics Co Ltd is a Taiwan-based company engaged in the production of ceramic substrates and the ceramic circuit board. The company's products are used in LED lighting, automotive lighting, mobile phone LED flash, UV, display and other applications.

Ecocera Optronics Co (ROCO:6597) Headlines

No Headlines