QST International (ROCO:8349) Days Payable : 39.88 (As of Mar. 2024)

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What is QST International Days Payable?

QST International's average Accounts Payable for the three months ended in Mar. 2024 was NT$1,091 Mil. QST International's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$2,496 Mil. Hence, QST International's Days Payable for the three months ended in Mar. 2024 was 39.88.

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

ROCO:8349' s Days Payable Range Over the Past 10 Years
Min: 27.29 Med: 31.72 Max: 41.38
Current: 35

During the past 13 years, QST International's highest Days Payable was 41.38. The lowest was 27.29. And the median was 31.72.

ROCO:8349's Days Payable is ranked worse than
85.12% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs ROCO:8349: 35.00

QST International's Days Payable increased from Mar. 2023 (34.03) to Mar. 2024 (39.88). It may suggest that QST International delayed paying its suppliers.

QST International Days Payable Historical Data

The historical data trend for QST International'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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QST International Days Payable Chart

QST International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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30.60

41.38

37.49

32.12

33.62

QST International 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															34.03	33.33	32.99	33.12	39.88

Competitive Comparison of QST International's Days Payable

For the Tools & Accessories subindustry, QST International'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.

QST International's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, QST International's Days Payable distribution charts can be found below:

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

QST International 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.

QST International'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
=	( (807.194	+	1048.49)	/	2 )	/	10072.946	*	365
=	927.842					/	10072.946	*	365
=	33.62

QST International'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
=	( (1048.49	+	1132.967)	/	2 )	/	2495.618	*	365 / 4
=	1090.7285					/	2495.618	*	365 / 4
=	39.88

QST International Days Payable Related Terms

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QST International (ROCO:8349) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » QST International Corp (ROCO:8349) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

8349A.PFD:Taiwan

Address

3F., No.203, Sector 1, Chang Rong Road, Tainan, TWN, 70143

Website

https://www.qst.com.tw

QST International Corp is a Taiwan-based company. It is engaged in manufacturing and distributing automotive and industrial fasteners. The company produces various fasteners, fittings, cold-formed parts, nuts, bolts, screw-machined parts, stampings, metal assemblies, and other products. The company also offers third-party testing and consulting services, training services, and logistics services. It also focuses on providing a remote inventory replenishment program.

QST International (ROCO:8349) Headlines

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