U-Tech Media (TPE:3050) Days Payable : 21.80 (As of Mar. 2024)

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What is U-Tech Media Days Payable?

U-Tech Media's average Accounts Payable for the three months ended in Mar. 2024 was NT$47 Mil. U-Tech Media's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$199 Mil. Hence, U-Tech Media's Days Payable for the three months ended in Mar. 2024 was 21.80.

The historical rank and industry rank for U-Tech Media's Days Payable or its related term are showing as below:

TPE:3050' s Days Payable Range Over the Past 10 Years
Min: 23.09 Med: 28.78 Max: 31.73
Current: 26.49

During the past 13 years, U-Tech Media's highest Days Payable was 31.73. The lowest was 23.09. And the median was 28.78.

TPE:3050's Days Payable is ranked worse than
90.5% of 2420 companies
in the Hardware industry
Industry Median: 67.93 vs TPE:3050: 26.49

U-Tech Media's Days Payable declined from Mar. 2023 (31.91) to Mar. 2024 (21.80). It may suggest that U-Tech Media accelerated paying its suppliers.

U-Tech Media Days Payable Historical Data

The historical data trend for U-Tech Media'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.

U-Tech Media Days Payable Chart

U-Tech Media Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

28.27

28.82

30.78

30.25

27.02

U-Tech Media 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															31.91	32.20	22.26	30.24	21.80

Competitive Comparison of U-Tech Media's Days Payable

For the Consumer Electronics subindustry, U-Tech Media'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.

U-Tech Media's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, U-Tech Media's Days Payable distribution charts can be found below:

* The bar in red indicates where U-Tech Media's Days Payable falls into.

U-Tech Media 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.

U-Tech Media'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
=	( (48.058	+	54.714)	/	2 )	/	694.108	*	365
=	51.386					/	694.108	*	365
=	27.02

U-Tech Media'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
=	( (54.714	+	40.176)	/	2 )	/	198.584	*	365 / 4
=	47.445					/	198.584	*	365 / 4
=	21.80

U-Tech Media Days Payable Related Terms

Thank you for viewing the detailed overview of U-Tech Media's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

U-Tech Media (TPE:3050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » U-Tech Media Corp (TPE:3050) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 222, Huaya 2nd Road, Guishan District, Tao Yuan, TWN, 333411

Website

https://www.utechmedia.com.tw

U-Tech Media Corp operates in the consumer electronics industry it manufactures and sells pre-recorded optical discs. The firm is engaged in manufacturing of DVD's, CD's, and Blu-ray disc. The company also offers solutions like digital recording and mastering, stamper service, package service, and printing service.

U-Tech Media (TPE:3050) Headlines

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