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Waffer Technology (TPE:6235) Days Payable : 93.49 (As of Mar. 2024)


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What is Waffer Technology Days Payable?

Waffer Technology's average Accounts Payable for the three months ended in Mar. 2024 was NT$1,175 Mil. Waffer Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,147 Mil. Hence, Waffer Technology's Days Payable for the three months ended in Mar. 2024 was 93.49.

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

TPE:6235' s Days Payable Range Over the Past 10 Years
Min: 66.78   Med: 90.99   Max: 110.76
Current: 94.3

During the past 13 years, Waffer Technology's highest Days Payable was 110.76. The lowest was 66.78. And the median was 90.99.

TPE:6235's Days Payable is ranked better than
60.12% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs TPE:6235: 94.30

Waffer Technology's Days Payable declined from Mar. 2023 (94.69) to Mar. 2024 (93.49). It may suggest that Waffer Technology accelerated paying its suppliers.


Waffer Technology Days Payable Historical Data

The historical data trend for Waffer Technology'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.

Waffer Technology Days Payable Chart

Waffer Technology 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 108.27 110.76 109.28 101.95 94.58

Waffer Technology 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 94.69 94.97 94.83 91.40 93.49

Competitive Comparison of Waffer Technology's Days Payable

For the Metal Fabrication subindustry, Waffer Technology'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.


Waffer Technology's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Waffer Technology's Days Payable falls into.



Waffer Technology 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.

Waffer Technology'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
=( (939.777 + 1120.925) / 2 ) / 3976.441*365
=1030.351 / 3976.441*365
=94.58

Waffer Technology'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
=( (1120.925 + 1229.337) / 2 ) / 1146.979*365 / 4
=1175.131 / 1146.979*365 / 4
=93.49

* 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.


Waffer Technology Days Payable Related Terms

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Waffer Technology (TPE:6235) Business Description

Traded in Other Exchanges
N/A
Address
No.200 Wenhua 2nd Rd, Guishan Township, Taoyuan, TWN, 33377
Waffer Technology Corp is a Taiwan-based company, that engages in the manufacture and sale of magnesium alloy and aluminum alloy die-casting components and products. It is engaged in the provision of a light-metal solution of magnesium and aluminum alloy, mold and tooling research and development, magnesium alloy injection, magnesium die-casting, CNC, and painting and assembly of vertical integration OEM/ODM processing. It serves its services to medical, industrial, telecommunications, construction, automotive, sporting goods, aeronautical, transportation, national defense, and other industries.

Waffer Technology (TPE:6235) Headlines

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