Lotes Co (TPE:3533) Days Payable : 56.00 (As of Mar. 2024)

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What is Lotes Co Days Payable?

Lotes Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$1,897 Mil. Lotes Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$3,091 Mil. Hence, Lotes Co's Days Payable for the three months ended in Mar. 2024 was 56.00.

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

TPE:3533' s Days Payable Range Over the Past 10 Years
Min: 59.76 Med: 79.15 Max: 86.27
Current: 65.83

During the past 13 years, Lotes Co's highest Days Payable was 86.27. The lowest was 59.76. And the median was 79.15.

TPE:3533's Days Payable is ranked worse than
51.53% of 2422 companies
in the Hardware industry
Industry Median: 67.8 vs TPE:3533: 65.83

Lotes Co's Days Payable increased from Dec. 2022 (55.77) to Mar. 2024 (56.00). It may suggest that Lotes Co delayed paying its suppliers.

Lotes Co Days Payable Historical Data

The historical data trend for Lotes 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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Lotes Co Days Payable Chart

Lotes Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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70.15

68.83

77.26

72.73

59.76

Lotes Co 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															55.77	58.60	45.77	44.06	56.00

Competitive Comparison of Lotes Co's Days Payable

For the Electronic Components subindustry, Lotes 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.

Lotes Co's Days Payable Distribution in the Hardware Industry

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

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

Lotes 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.

Lotes Co'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
=	( (2613.359	+	2351.503)	/	2 )	/	15161.454	*	365
=	2482.431					/	15161.454	*	365
=	59.76

Lotes 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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1791.211	+	2002.779)	/	2 )	/	3090.988	*	365 / 4
=	1896.995					/	3090.988	*	365 / 4
=	56.00

Lotes Co Days Payable Related Terms

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Lotes Co (TPE:3533) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lotes Co Ltd (TPE:3533) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 15, Wuxun Street, Anle District, Keelung, TWN, 204

Website

https://www.lotes.cc

Lotes Co Ltd is a Taiwan-based manufacturer of precision electronic interconnect components and hardware. Its connectors and other electronic components are used in the manufacture of notebooks, desktop computers, communication devices, mobile phones, and other products. It distributes its products within the domestic market and overseas markets.

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