Stark Technology (TPE:2480) Days Payable : 70.52 (As of Mar. 2024)

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What is Stark Technology Days Payable?

Stark Technology's average Accounts Payable for the three months ended in Mar. 2024 was NT$1,010 Mil. Stark Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,307 Mil. Hence, Stark Technology's Days Payable for the three months ended in Mar. 2024 was 70.52.

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

TPE:2480' s Days Payable Range Over the Past 10 Years
Min: 59.58 Med: 75.4 Max: 88.51
Current: 64.81

During the past 13 years, Stark Technology's highest Days Payable was 88.51. The lowest was 59.58. And the median was 75.40.

TPE:2480's Days Payable is ranked worse than
53.1% of 2420 companies
in the Hardware industry
Industry Median: 67.93 vs TPE:2480: 64.81

Stark Technology's Days Payable declined from Mar. 2023 (72.95) to Mar. 2024 (70.52). It may suggest that Stark Technology accelerated paying its suppliers.

Stark Technology Days Payable Historical Data

The historical data trend for Stark Technology'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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Stark Technology Days Payable Chart

Stark Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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75.84

82.59

74.96

71.88

70.23

Stark Technology 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															72.95	60.48	68.39	61.55	70.52

Competitive Comparison of Stark Technology's Days Payable

For the Computer Hardware subindustry, Stark Technology'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.

Stark Technology's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Stark Technology's Days Payable falls into.

Stark Technology 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.

Stark Technology'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
=	( (1038.247	+	1072.167)	/	2 )	/	5484.495	*	365
=	1055.207					/	5484.495	*	365
=	70.23

Stark Technology'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
=	( (1072.167	+	947.912)	/	2 )	/	1306.978	*	365 / 4
=	1010.0395					/	1306.978	*	365 / 4
=	70.52

Stark Technology Days Payable Related Terms

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Stark Technology (TPE:2480) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Stark Technology Inc (TPE:2480) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dongda Road, 12th Floor-1, No 83, Section.2, Hsinchu, TWN

Website

http://www.sti.com.tw

Stark Technology Inc provides a range of system integration solutions in the areas of technical know-how of worldly IT products, the design, planning, and implementation of IT infrastructure, and IT Professional Services.

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