NEXCOM International Co (ROCO:8234) Days Payable : 55.17 (As of Mar. 2024)

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What is NEXCOM International Co Days Payable?

NEXCOM International Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$550 Mil. NEXCOM International Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$910 Mil. Hence, NEXCOM International Co's Days Payable for the three months ended in Mar. 2024 was 55.17.

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

ROCO:8234' s Days Payable Range Over the Past 10 Years
Min: 45.7 Med: 65.7 Max: 79.49
Current: 60.11

During the past 13 years, NEXCOM International Co's highest Days Payable was 79.49. The lowest was 45.70. And the median was 65.70.

ROCO:8234's Days Payable is ranked worse than
57.98% of 2420 companies
in the Hardware industry
Industry Median: 67.93 vs ROCO:8234: 60.11

NEXCOM International Co's Days Payable declined from Mar. 2023 (82.45) to Mar. 2024 (55.17). It may suggest that NEXCOM International Co accelerated paying its suppliers.

NEXCOM International Co Days Payable Historical Data

The historical data trend for NEXCOM International 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.

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NEXCOM International Co Days Payable Chart

NEXCOM International Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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67.32

64.07

78.10

79.49

78.74

NEXCOM International Co 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															82.45	64.25	58.39	57.09	55.17

Competitive Comparison of NEXCOM International Co's Days Payable

For the Computer Hardware subindustry, NEXCOM International 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.

NEXCOM International Co's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where NEXCOM International Co's Days Payable falls into.

NEXCOM International 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.

NEXCOM International 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
=	( (1232.124	+	560.558)	/	2 )	/	4154.828	*	365
=	896.341					/	4154.828	*	365
=	78.74

NEXCOM International 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
=	( (560.558	+	539.367)	/	2 )	/	909.636	*	365 / 4
=	549.9625					/	909.636	*	365 / 4
=	55.17

NEXCOM International Co Days Payable Related Terms

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NEXCOM International Co (ROCO:8234) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » NEXCOM International Co Ltd (ROCO:8234) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongzheng Rd, 9th Floor, No.920, Zhonghe District, New Taipei City, TWN, 23586

Website

http://www.nexcom.com

NEXCOM International Co Ltd is engaged in the research and development, and manufacture of computer peripheral equipment and electronic components in Taiwan. It offers industrial computers, network security products, onboard computer products, multimedia products, network communication products, customized products, and related application software, among others. The group has a presence in Taiwan, Asia, America, and Europe.

NEXCOM International Co (ROCO:8234) Headlines

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