Gudeng Equipment Co (ROCO:6953) Days Payable : 77.96 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Gudeng Equipment Co Days Payable?

Gudeng Equipment Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$169 Mil. Gudeng Equipment Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$198 Mil. Hence, Gudeng Equipment Co's Days Payable for the three months ended in Mar. 2024 was 77.96.

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

ROCO:6953' s Days Payable Range Over the Past 10 Years
Min: 99.62 Med: 138.44 Max: 150.04
Current: 99.62

During the past 4 years, Gudeng Equipment Co's highest Days Payable was 150.04. The lowest was 99.62. And the median was 138.44.

ROCO:6953's Days Payable is ranked better than
77.07% of 964 companies
in the Semiconductors industry
Industry Median: 51.61 vs ROCO:6953: 99.62

Gudeng Equipment Co's Days Payable declined from Mar. 2023 (152.66) to Mar. 2024 (77.96). It may suggest that Gudeng Equipment Co accelerated paying its suppliers.

Gudeng Equipment Co Days Payable Historical Data

The historical data trend for Gudeng Equipment 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.

Gudeng Equipment Co Days Payable Chart

Gudeng Equipment Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

117.42

149.20

150.04

127.67

Gudeng Equipment Co Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial					152.66	117.88	94.51	141.51	77.96

Competitive Comparison of Gudeng Equipment Co's Days Payable

For the Semiconductor Equipment & Materials subindustry, Gudeng Equipment 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.

Gudeng Equipment Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Gudeng Equipment Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Gudeng Equipment Co's Days Payable falls into.

Gudeng Equipment 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.

Gudeng Equipment 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
=	( (278.703	+	156.144)	/	2 )	/	621.607	*	365
=	217.4235					/	621.607	*	365
=	127.67

Gudeng Equipment 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
=	( (156.144	+	181.547)	/	2 )	/	197.637	*	365 / 4
=	168.8455					/	197.637	*	365 / 4
=	77.96

Gudeng Equipment Co Days Payable Related Terms

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

Gudeng Equipment Co (ROCO:6953) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Gudeng Equipment Co Ltd (ROCO:6953) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 117, Section 1, Jiafeng 11th Road, Hsinchu County, Zhubei City, TWN, 302052

Website

https://www.gdauto.com.tw

Gudeng Equipment Co Ltd offers EUV photomasks and high-end photomask transfer automation technology solutions in semiconductor manufacturing processes. The product offerings comprise photomask cleaning, exchange, and inspection, as well as micro-environment storage and smart warehouse management.

Gudeng Equipment Co (ROCO:6953) Headlines

No Headlines