Taiwan Surface Mounting Technology (TPE:6278) Days Payable : 130.18 (As of Mar. 2024)

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What is Taiwan Surface Mounting Technology Days Payable?

Taiwan Surface Mounting Technology's average Accounts Payable for the three months ended in Mar. 2024 was NT$13,746 Mil. Taiwan Surface Mounting Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$9,635 Mil. Hence, Taiwan Surface Mounting Technology's Days Payable for the three months ended in Mar. 2024 was 130.18.

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

TPE:6278' s Days Payable Range Over the Past 10 Years
Min: 108.48 Med: 128.14 Max: 142.4
Current: 118.89

During the past 13 years, Taiwan Surface Mounting Technology's highest Days Payable was 142.40. The lowest was 108.48. And the median was 128.14.

TPE:6278's Days Payable is ranked better than
81.35% of 965 companies
in the Semiconductors industry
Industry Median: 51.8 vs TPE:6278: 118.89

Taiwan Surface Mounting Technology's Days Payable declined from Mar. 2023 (160.90) to Mar. 2024 (130.18). It may suggest that Taiwan Surface Mounting Technology accelerated paying its suppliers.

Taiwan Surface Mounting Technology Days Payable Historical Data

The historical data trend for Taiwan Surface Mounting 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.

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Taiwan Surface Mounting Technology Days Payable Chart

Taiwan Surface Mounting Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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127.98

128.29

108.48

121.00

142.40

Taiwan Surface Mounting 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															160.90	105.55	121.68	128.46	130.18

Competitive Comparison of Taiwan Surface Mounting Technology's Days Payable

For the Semiconductors subindustry, Taiwan Surface Mounting 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.

Taiwan Surface Mounting Technology's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Taiwan Surface Mounting Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Taiwan Surface Mounting Technology's Days Payable falls into.

Taiwan Surface Mounting 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.

Taiwan Surface Mounting 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
=	( (18159.913	+	14001.963)	/	2 )	/	41219.599	*	365
=	16080.938					/	41219.599	*	365
=	142.40

Taiwan Surface Mounting 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
=	( (14001.963	+	13489.505)	/	2 )	/	9634.804	*	365 / 4
=	13745.734					/	9634.804	*	365 / 4
=	130.18

Taiwan Surface Mounting Technology Days Payable Related Terms

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Taiwan Surface Mounting Technology (TPE:6278) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Taiwan Surface Mounting Technology Corp (TPE:6278) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 437, Taoying Road, Taoyuan District, Dalinli, Taoyuan, TWN, 330

Website

https://www.tsmt.com.tw

Taiwan Surface Mounting Technology Corp is mainly engaged in the design, processing, manufacturing, and trading of TFT-LCD panels, general electronic information products, and PCB surface mount packaging. Geographically company generates a majority of its revenue from Mainland China followed by Taiwan, Asia, the United States, Europe, and others. Applications for the company's surface-mount technology include mobile phones, laptops, notebooks, televisions, digital cameras, power supply control boards, and inverter control boards. It also produces touch-panel control boards and micro projector control boards, along with backlighting bars for use in computers, televisions, and portable electronics.

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