Eastech Holding (TPE:5225) Days Payable : 87.38 (As of Mar. 2024)

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What is Eastech Holding Days Payable?

Eastech Holding's average Accounts Payable for the three months ended in Mar. 2024 was NT$2,230 Mil. Eastech Holding's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$2,328 Mil. Hence, Eastech Holding's Days Payable for the three months ended in Mar. 2024 was 87.38.

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

TPE:5225' s Days Payable Range Over the Past 10 Years
Min: 64.53 Med: 77.3 Max: 114.14
Current: 86.21

During the past 13 years, Eastech Holding's highest Days Payable was 114.14. The lowest was 64.53. And the median was 77.30.

TPE:5225's Days Payable is ranked better than
63.38% of 2422 companies
in the Hardware industry
Industry Median: 67.69 vs TPE:5225: 86.21

Eastech Holding's Days Payable declined from Mar. 2023 (110.46) to Mar. 2024 (87.38). It may suggest that Eastech Holding accelerated paying its suppliers.

Eastech Holding Days Payable Historical Data

The historical data trend for Eastech Holding'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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Eastech Holding Days Payable Chart

Eastech Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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76.25

109.61

114.14

76.26

90.38

Eastech Holding 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															110.46	84.46	75.06	109.58	87.38

Competitive Comparison of Eastech Holding's Days Payable

For the Consumer Electronics subindustry, Eastech Holding'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.

Eastech Holding's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Eastech Holding's Days Payable falls into.

Eastech Holding 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.

Eastech Holding'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
=	( (2340.361	+	2110.446)	/	2 )	/	8987.27	*	365
=	2225.4035					/	8987.27	*	365
=	90.38

Eastech Holding'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
=	( (2110.446	+	2348.749)	/	2 )	/	2328.404	*	365 / 4
=	2229.5975					/	2328.404	*	365 / 4
=	87.38

Eastech Holding Days Payable Related Terms

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Eastech Holding (TPE:5225) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Eastech Holding Ltd (TPE:5225) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8F-1, No. 188, Baoqiao Road, Xindian District, New Taipei City, TWN, 23145

Website

https://www.eastech.com

Eastech Holding Ltd is engaged in the design and manufacturing of acoustics, electronics, hardware, software, and systems engineering. Its transducers catalog covers standard design transducers, headphones and earphone transducers, scan-speak designed transducers, and others. The company offered products have applications in voice control products, Bluetooth systems, Wi-Fi systems, multi-channel sound systems, soundbar systems, active and passive speakers, home speakers, and headphones, among others. Geographically, the company operates in South Korea, Japan, China, Sweden, Denmark, and others and it derives a majority of its revenue from South Korea.

Eastech Holding (TPE:5225) Headlines

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