Prosperity Dielectrics Co (ROCO:6173) Days Payable : 47.23 (As of Mar. 2024)

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What is Prosperity Dielectrics Co Days Payable?

Prosperity Dielectrics Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$351 Mil. Prosperity Dielectrics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$679 Mil. Hence, Prosperity Dielectrics Co's Days Payable for the three months ended in Mar. 2024 was 47.23.

The historical rank and industry rank for Prosperity Dielectrics Co's Days Payable or its related term are showing as below:

ROCO:6173' s Days Payable Range Over the Past 10 Years
Min: 39.69 Med: 54.85 Max: 72.34
Current: 47.63

During the past 13 years, Prosperity Dielectrics Co's highest Days Payable was 72.34. The lowest was 39.69. And the median was 54.85.

ROCO:6173's Days Payable is ranked worse than
53.99% of 965 companies
in the Semiconductors industry
Industry Median: 51.74 vs ROCO:6173: 47.63

Prosperity Dielectrics Co's Days Payable increased from Mar. 2023 (45.02) to Mar. 2024 (47.23). It may suggest that Prosperity Dielectrics Co delayed paying its suppliers.

Prosperity Dielectrics Co Days Payable Historical Data

The historical data trend for Prosperity Dielectrics Co'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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Prosperity Dielectrics Co Days Payable Chart

Prosperity Dielectrics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

72.34

55.64

54.10

49.79

39.69

Prosperity Dielectrics Co 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															45.02	50.53	47.00	46.02	47.23

Competitive Comparison of Prosperity Dielectrics Co's Days Payable

For the Semiconductors subindustry, Prosperity Dielectrics Co'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.

Prosperity Dielectrics Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Prosperity Dielectrics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Prosperity Dielectrics Co's Days Payable falls into.

Prosperity Dielectrics Co 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.

Prosperity Dielectrics Co'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
=	( (313.394	+	328.68)	/	2 )	/	2952.093	*	365
=	321.037					/	2952.093	*	365
=	39.69

Prosperity Dielectrics Co'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
=	( (328.68	+	373.948)	/	2 )	/	678.682	*	365 / 4
=	351.314					/	678.682	*	365 / 4
=	47.23

Prosperity Dielectrics Co Days Payable Related Terms

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Prosperity Dielectrics Co (ROCO:6173) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Prosperity Dielectrics Co Ltd (ROCO:6173) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

Section 2, Nanshan Road, No.220-1 , Lujhu District, Taoyuan, TWN, 33860

Website

http://www.pdc.com.tw

Prosperity Dielectrics Co Ltd is a manufacturer and exporter of ceramic dielectric powders and multilayer ceramic chip capacitors in Taiwan. It is engaged in the manufacture and sale of specific application electronic ceramic products. It's product portfolio consist of mutilayer ceramic capacitors; chip resistors; ceramic dielectrical powder, Wafer capacitance, chip resistance, dielectric porcelain powder, semi-conductive ceramic, coil and inductor.

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