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Powercom Co (TPE:3043) Days Payable : 56.43 (As of Mar. 2024)


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What is Powercom Co Days Payable?

Powercom Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$82 Mil. Powercom Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$132 Mil. Hence, Powercom Co's Days Payable for the three months ended in Mar. 2024 was 56.43.

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

TPE:3043' s Days Payable Range Over the Past 10 Years
Min: 56.8   Med: 107.68   Max: 148.57
Current: 77.56

During the past 13 years, Powercom Co's highest Days Payable was 148.57. The lowest was 56.80. And the median was 107.68.

TPE:3043's Days Payable is ranked better than
50.6% of 2937 companies
in the Industrial Products industry
Industry Median: 76.66 vs TPE:3043: 77.56

Powercom Co's Days Payable declined from Mar. 2023 (77.45) to Mar. 2024 (56.43). It may suggest that Powercom Co accelerated paying its suppliers.


Powercom Co Days Payable Historical Data

The historical data trend for Powercom 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.

Powercom Co Days Payable Chart

Powercom Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.27 111.23 104.13 90.72 56.80

Powercom 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 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 77.45 84.83 79.83 92.65 56.43

Competitive Comparison of Powercom Co's Days Payable

For the Electrical Equipment & Parts subindustry, Powercom 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.


Powercom Co's Days Payable Distribution in the Industrial Products Industry

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

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



Powercom 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.

Powercom 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
=( (233.894 + 92.06) / 2 ) / 1047.283*365
=162.977 / 1047.283*365
=56.80

Powercom 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
=( (92.06 + 71.572) / 2 ) / 132.298*365 / 4
=81.816 / 132.298*365 / 4
=56.43

* 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.


Powercom Co Days Payable Related Terms

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Powercom Co (TPE:3043) Business Description

Traded in Other Exchanges
N/A
Address
Lien Chen Road, 8F, No. 246, Chung Ho District, New Taipei City, TWN
Powercom Co Ltd is a provider of power protection products. Powercom designs, manufacture, trading, and sells electrical equipment and components, Computer and peripheral equipment, Computer-automated equipment, Power electronic device, Battery and General instrument, Electric appliance contracting, and Wholesale of batteries and building materials. In addition, it also provides Energy technical services.

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