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Transcend Information (TPE:2451) Days Payable : 77.88 (As of Mar. 2024)


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What is Transcend Information Days Payable?

Transcend Information's average Accounts Payable for the three months ended in Mar. 2024 was NT$1,567 Mil. Transcend Information's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,836 Mil. Hence, Transcend Information's Days Payable for the three months ended in Mar. 2024 was 77.88.

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

TPE:2451' s Days Payable Range Over the Past 10 Years
Min: 32.42   Med: 42.27   Max: 79.1
Current: 79.1

During the past 13 years, Transcend Information's highest Days Payable was 79.10. The lowest was 32.42. And the median was 42.27.

TPE:2451's Days Payable is ranked worse than
79.14% of 2421 companies
in the Hardware industry
Industry Median: 67.93 vs TPE:2451: 79.10

Transcend Information's Days Payable increased from Dec. 2022 (23.59) to Mar. 2024 (77.88). It may suggest that Transcend Information delayed paying its suppliers.


Transcend Information Days Payable Historical Data

The historical data trend for Transcend Information'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.

Transcend Information Days Payable Chart

Transcend Information Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.42 40.07 45.33 46.60 37.22

Transcend Information Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.59 24.65 41.57 61.76 77.88

Competitive Comparison of Transcend Information's Days Payable

For the Computer Hardware subindustry, Transcend Information'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.


Transcend Information's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Transcend Information's Days Payable distribution charts can be found below:

* The bar in red indicates where Transcend Information's Days Payable falls into.



Transcend Information 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.

Transcend Information's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (1417.076 + 500.119) / 2 ) / 9399.607*365
=958.5975 / 9399.607*365
=37.22

Transcend Information'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: Sep. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1431.763 + 1701.582) / 2 ) / 1835.695*365 / 4
=1566.6725 / 1835.695*365 / 4
=77.88

* 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.


Transcend Information Days Payable Related Terms

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Transcend Information (TPE:2451) Business Description

Traded in Other Exchanges
N/A
Address
No. 70, XingZhong Road, NeiHu District, Taipei, TWN
Transcend Information Inc manufactures and distributes memory products for applications in gaming, transportation, healthcare, automation, and military applications. Its product portfolio includes solid-state drives, body cameras, personal cloud storage, memory cards, USB flash drives, memory modules, card readers, and multimedia products. The firm generates revenue in the Americas, Europe, Taiwan, and other countries in the Asia-Pacific region.

Transcend Information (TPE:2451) Headlines

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