GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Gamesparcs Co Ltd (ROCO:6542) » Definitions » Days Payable

Gamesparcs Co (ROCO:6542) Days Payable : 27.49 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Gamesparcs Co Days Payable?

Gamesparcs Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$13.4 Mil. Gamesparcs Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$44.5 Mil. Hence, Gamesparcs Co's Days Payable for the three months ended in Mar. 2024 was 27.49.

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

ROCO:6542' s Days Payable Range Over the Past 10 Years
Min: 24.65   Med: 32.19   Max: 44.27
Current: 25.97

During the past 11 years, Gamesparcs Co's highest Days Payable was 44.27. The lowest was 24.65. And the median was 32.19.

ROCO:6542's Days Payable is ranked worse than
74.6% of 433 companies
in the Interactive Media industry
Industry Median: 61.44 vs ROCO:6542: 25.97

Gamesparcs Co's Days Payable increased from Mar. 2023 (25.41) to Mar. 2024 (27.49). It may suggest that Gamesparcs Co delayed paying its suppliers.


Gamesparcs Co Days Payable Historical Data

The historical data trend for Gamesparcs 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.

* Premium members only.

Gamesparcs Co Days Payable Chart

Gamesparcs Co 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 44.27 37.78 24.65 30.24 27.94

Gamesparcs 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 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 25.41 24.12 24.23 24.96 27.49

Competitive Comparison of Gamesparcs Co's Days Payable

For the Electronic Gaming & Multimedia subindustry, Gamesparcs 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.


Gamesparcs Co's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Gamesparcs Co's Days Payable distribution charts can be found below:

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



Gamesparcs 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.

Gamesparcs 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
=( (14.149 + 11.24) / 2 ) / 165.823*365
=12.6945 / 165.823*365
=27.94

Gamesparcs 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
=( (11.24 + 15.604) / 2 ) / 44.547*365 / 4
=13.422 / 44.547*365 / 4
=27.49

* 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.


Gamesparcs Co Days Payable Related Terms

Thank you for viewing the detailed overview of Gamesparcs Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Gamesparcs Co (ROCO:6542) Business Description

Traded in Other Exchanges
N/A
Address
Jianxing Road, 2nd Floor-3, No. 360, North District, Taichung City, TWN
Gamesparcs Co Ltd is a company that engages in the operations of mobile games, advertising, and game accessories-related services. The company's activities are gaming agency, operation and general advertising and gaming peripheral products. It generates majority of its revenue from online games.

Gamesparcs Co (ROCO:6542) Headlines

No Headlines