Genius Electronic Optical Co (TPE:3406) Days Payable : 24.44 (As of Dec. 2023)

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What is Genius Electronic Optical Co Days Payable?

Genius Electronic Optical Co's average Accounts Payable for the three months ended in Dec. 2023 was NT$1,083 Mil. Genius Electronic Optical Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$4,042 Mil. Hence, Genius Electronic Optical Co's Days Payable for the three months ended in Dec. 2023 was 24.44.

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

TPE:3406' s Days Payable Range Over the Past 10 Years
Min: 21.46 Med: 29.65 Max: 56.98
Current: 21.46

During the past 13 years, Genius Electronic Optical Co's highest Days Payable was 56.98. The lowest was 21.46. And the median was 29.65.

TPE:3406's Days Payable is ranked worse than
94.51% of 2422 companies
in the Hardware industry
Industry Median: 67.885 vs TPE:3406: 21.46

Genius Electronic Optical Co's Days Payable declined from Dec. 2022 (26.27) to Dec. 2023 (24.44). It may suggest that Genius Electronic Optical Co accelerated paying its suppliers.

Genius Electronic Optical Co Days Payable Historical Data

The historical data trend for Genius Electronic Optical 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.

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Genius Electronic Optical Co Days Payable Chart

Genius Electronic Optical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

30.68

28.98

23.00

25.86

24.91

Genius Electronic Optical Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															26.27	27.58	22.90	14.37	24.44

Competitive Comparison of Genius Electronic Optical Co's Days Payable

For the Computer Hardware subindustry, Genius Electronic Optical 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.

Genius Electronic Optical Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Genius Electronic Optical Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Genius Electronic Optical Co's Days Payable falls into.

Genius Electronic Optical 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.

Genius Electronic Optical 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
=	( (998.424	+	904.935)	/	2 )	/	13943.954	*	365
=	951.6795					/	13943.954	*	365
=	24.91

Genius Electronic Optical Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1260.467	+	904.935)	/	2 )	/	4042.343	*	365 / 4
=	1082.701					/	4042.343	*	365 / 4
=	24.44

Genius Electronic Optical Co Days Payable Related Terms

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Genius Electronic Optical Co (TPE:3406) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Genius Electronic Optical Co Ltd (TPE:3406) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

Number 1, Keya East Road, Central Taiwan Science Park, Daya Township, Taichung, TWN

Website

https://www.gseo.com

Genius Electronic Optical Co Ltd develops and supplies lens solutions which are used in mobile consumer electronics, notebook PCs, and automotive applications. Its products include mobile cameras, automotive cameras, notebook PC cameras, surveillance cameras, projector lenses, collimator lenses and LED lighting products for street, flood, spot, indoor, and portable lighting applications. It also provides packaged LED solutions, including high power, middle power, and low power LEDs. Geographically the company distributes its products in Taiwan and other Asian markets.

Genius Electronic Optical Co (TPE:3406) Headlines

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