Advanced Ceramic X (ROCO:3152) Days Payable : 29.62 (As of Mar. 2024)

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What is Advanced Ceramic X Days Payable?

Advanced Ceramic X's average Accounts Payable for the three months ended in Mar. 2024 was NT$68 Mil. Advanced Ceramic X's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$209 Mil. Hence, Advanced Ceramic X's Days Payable for the three months ended in Mar. 2024 was 29.62.

The historical rank and industry rank for Advanced Ceramic X's Days Payable or its related term are showing as below:

ROCO:3152' s Days Payable Range Over the Past 10 Years
Min: 12.3 Med: 23.66 Max: 32.86
Current: 21.99

During the past 13 years, Advanced Ceramic X's highest Days Payable was 32.86. The lowest was 12.30. And the median was 23.66.

ROCO:3152's Days Payable is ranked worse than
93.77% of 2423 companies
in the Hardware industry
Industry Median: 68.13 vs ROCO:3152: 21.99

Advanced Ceramic X's Days Payable increased from Mar. 2023 (14.78) to Mar. 2024 (29.62). It may suggest that Advanced Ceramic X delayed paying its suppliers.

Advanced Ceramic X Days Payable Historical Data

The historical data trend for Advanced Ceramic X'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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Advanced Ceramic X Days Payable Chart

Advanced Ceramic X Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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25.45

32.86

21.70

12.30

17.90

Advanced Ceramic X 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															14.78	16.55	18.97	22.68	29.62

Competitive Comparison of Advanced Ceramic X's Days Payable

For the Communication Equipment subindustry, Advanced Ceramic X'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.

Advanced Ceramic X's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Advanced Ceramic X's Days Payable distribution charts can be found below:

* The bar in red indicates where Advanced Ceramic X's Days Payable falls into.

Advanced Ceramic X 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.

Advanced Ceramic X'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
=	( (30.109	+	59.141)	/	2 )	/	909.757	*	365
=	44.625					/	909.757	*	365
=	17.90

Advanced Ceramic X'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
=	( (59.141	+	76.305)	/	2 )	/	208.638	*	365 / 4
=	67.723					/	208.638	*	365 / 4
=	29.62

Advanced Ceramic X Days Payable Related Terms

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Advanced Ceramic X (ROCO:3152) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Advanced Ceramic X Corp (ROCO:3152) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16, Tzu Chiang Road, Hsinchu Industrial Park, Hsinchu Hsien, TWN, 30352

Website

https://www.acxc.com.tw

Advanced Ceramic X Corp manufactures high-frequency chip ceramic components and high-frequency components and modules for wireless communication. The business activities of the company are the design, manufacture and sale of RF Front end devices and modules for application in wireless communication. Its products include Antennas, Balun-Filters, Baluns, Coupler-Filters, Couplers, Band Pass Filters, Filter Arrays, High and Low Pass Filters, Diplexers, Saw-Triplexers, Triplexers, Power Dividers, FEM Series and High-Frequency Inductors. Geographically, it derives a majority of revenue from China and also has a presence in the United States, Taiwan, Hong Kong, and Other Countries.

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