A Plus Biotechnology Co (ROCO:6918) Days Payable : 50.33 (As of Dec. 2023)

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What is A Plus Biotechnology Co Days Payable?

A Plus Biotechnology Co's average Accounts Payable for the six months ended in Dec. 2023 was NT$29.8 Mil. A Plus Biotechnology Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$107.9 Mil. Hence, A Plus Biotechnology Co's Days Payable for the six months ended in Dec. 2023 was 50.33.

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

ROCO:6918' s Days Payable Range Over the Past 10 Years
Min: 49.66 Med: 61.24 Max: 74.94
Current: 57.63

During the past 5 years, A Plus Biotechnology Co's highest Days Payable was 74.94. The lowest was 49.66. And the median was 61.24.

ROCO:6918's Days Payable is ranked worse than
61.32% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 72.67 vs ROCO:6918: 57.63

A Plus Biotechnology Co's Days Payable declined from Dec. 2022 (52.31) to Dec. 2023 (50.33). It may suggest that A Plus Biotechnology Co accelerated paying its suppliers.

A Plus Biotechnology Co Days Payable Historical Data

The historical data trend for A Plus Biotechnology 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.

A Plus Biotechnology Co Days Payable Chart

A Plus Biotechnology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

74.94

49.66

61.24

62.96

60.30

A Plus Biotechnology Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			73.42	56.55	52.31	62.34	50.33

Competitive Comparison of A Plus Biotechnology Co's Days Payable

For the Medical Devices subindustry, A Plus Biotechnology 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.

A Plus Biotechnology Co's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, A Plus Biotechnology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where A Plus Biotechnology Co's Days Payable falls into.

A Plus Biotechnology 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.

A Plus Biotechnology 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
=	( (42.024	+	28.804)	/	2 )	/	214.373	*	365
=	35.414					/	214.373	*	365
=	60.30

A Plus Biotechnology Co'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
=	( (30.712	+	28.804)	/	2 )	/	107.908	*	365 / 2
=	29.758					/	107.908	*	365 / 2
=	50.33

A Plus Biotechnology Co Days Payable Related Terms

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A Plus Biotechnology Co (ROCO:6918) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » A Plus Biotechnology Co Ltd (ROCO:6918) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 21, Qiaohe Road, 3rd Floor, Zhonghe District, New Taipei City, TWN

Website

https://www.aplusbio.com

A Plus Biotechnology Co Ltd provides orthopedic implants. It engages in the research and development of orthopedic medical products. Aplus locking plate systems feature superior anatomical bone curves and 5-axis CNC manufacturing technology.

A Plus Biotechnology Co (ROCO:6918) Headlines

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