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Acer Gaming (ROCO:6908) Days Payable : 30.59 (As of Dec. 2023)


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What is Acer Gaming Days Payable?

Acer Gaming's average Accounts Payable for the six months ended in Dec. 2023 was NT$335 Mil. Acer Gaming's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$1,998 Mil. Hence, Acer Gaming's Days Payable for the six months ended in Dec. 2023 was 30.59.

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

ROCO:6908' s Days Payable Range Over the Past 10 Years
Min: 13.04   Med: 27.02   Max: 47.33
Current: 26.27

During the past 4 years, Acer Gaming's highest Days Payable was 47.33. The lowest was 13.04. And the median was 27.02.

ROCO:6908's Days Payable is ranked worse than
74.19% of 434 companies
in the Interactive Media industry
Industry Median: 62.09 vs ROCO:6908: 26.27

Acer Gaming's Days Payable declined from Dec. 2022 (32.74) to Dec. 2023 (30.59). It may suggest that Acer Gaming accelerated paying its suppliers.


Acer Gaming Days Payable Historical Data

The historical data trend for Acer Gaming'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.

Acer Gaming Days Payable Chart

Acer Gaming Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
47.33 13.04 25.71 28.33

Acer Gaming Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial 17.50 22.38 32.74 20.56 30.59

Competitive Comparison of Acer Gaming's Days Payable

For the Electronic Gaming & Multimedia subindustry, Acer Gaming'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.


Acer Gaming's Days Payable Distribution in the Interactive Media Industry

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

* The bar in red indicates where Acer Gaming's Days Payable falls into.



Acer Gaming 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.

Acer Gaming'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
=( (254.771 + 409.966) / 2 ) / 4281.987*365
=332.3685 / 4281.987*365
=28.33

Acer Gaming's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (259.833 + 409.966) / 2 ) / 1998.212*365 / 2
=334.8995 / 1998.212*365 / 2
=30.59

* 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.


Acer Gaming Days Payable Related Terms

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Acer Gaming (ROCO:6908) Business Description

Traded in Other Exchanges
N/A
Address
Fuxing North Road, 7th Floor-5, 369, Taipei City, TWN, 10541
Acer Gaming Inc operates electronic sports businesses. The company offers electronic sports community platform development, game entertainment channel agency sales, and other services. Its products cover game software, and hardware peripherals.

Acer Gaming (ROCO:6908) Headlines

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