HY Electronic (Cayman) (TPE:6573) Days Payable : 118.11 (As of Mar. 2024)

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What is HY Electronic (Cayman) Days Payable?

HY Electronic (Cayman)'s average Accounts Payable for the three months ended in Mar. 2024 was NT$327 Mil. HY Electronic (Cayman)'s Cost of Goods Sold for the three months ended in Mar. 2024 was NT$253 Mil. Hence, HY Electronic (Cayman)'s Days Payable for the three months ended in Mar. 2024 was 118.11.

The historical rank and industry rank for HY Electronic (Cayman)'s Days Payable or its related term are showing as below:

TPE:6573' s Days Payable Range Over the Past 10 Years
Min: 100.36 Med: 117.25 Max: 138.75
Current: 116.39

During the past 10 years, HY Electronic (Cayman)'s highest Days Payable was 138.75. The lowest was 100.36. And the median was 117.25.

TPE:6573's Days Payable is ranked better than
80.71% of 964 companies
in the Semiconductors industry
Industry Median: 51.69 vs TPE:6573: 116.39

HY Electronic (Cayman)'s Days Payable increased from Mar. 2023 (107.19) to Mar. 2024 (118.11). It may suggest that HY Electronic (Cayman) delayed paying its suppliers.

HY Electronic (Cayman) Days Payable Historical Data

The historical data trend for HY Electronic (Cayman)'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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HY Electronic (Cayman) Days Payable Chart

HY Electronic (Cayman) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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110.66

130.78

110.78

138.75

100.36

HY Electronic (Cayman) 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															107.19	117.66	110.76	121.16	118.11

Competitive Comparison of HY Electronic (Cayman)'s Days Payable

For the Semiconductors subindustry, HY Electronic (Cayman)'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.

HY Electronic (Cayman)'s Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, HY Electronic (Cayman)'s Days Payable distribution charts can be found below:

* The bar in red indicates where HY Electronic (Cayman)'s Days Payable falls into.

HY Electronic (Cayman) 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.

HY Electronic (Cayman)'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
=	( (307.744	+	316.269)	/	2 )	/	1134.721	*	365
=	312.0065					/	1134.721	*	365
=	100.36

HY Electronic (Cayman)'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
=	( (316.269	+	337.896)	/	2 )	/	252.694	*	365 / 4
=	327.0825					/	252.694	*	365 / 4
=	118.11

HY Electronic (Cayman) Days Payable Related Terms

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HY Electronic (Cayman) (TPE:6573) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » HY Electronic (Cayman) Ltd (TPE:6573) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.207-5, Sec. 3, Beixin Road, 4th Floor, Xindian District, New Taipei City, TWN, 231

Website

https://www.hygroup.com.tw

HY Electronic (Cayman) Ltd is principally engaged in the design, research and development, manufacturing, sales, and semiconductor rectification of power separation components. It offers diodes, bridge rectifiers, rectifiers, LED driver boards and ICs, power modules, and application note and packing methods. Its reportable segments are in Taiwan, Hong- Kong, and mainland China.

HY Electronic (Cayman) (TPE:6573) Headlines

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