Voltronic Power Technology (TPE:6409) Days Payable : 113.04 (As of Mar. 2024)

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What is Voltronic Power Technology Days Payable?

Voltronic Power Technology's average Accounts Payable for the three months ended in Mar. 2024 was NT$3,928 Mil. Voltronic Power Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$3,171 Mil. Hence, Voltronic Power Technology's Days Payable for the three months ended in Mar. 2024 was 113.04.

The historical rank and industry rank for Voltronic Power Technology's Days Payable or its related term are showing as below:

TPE:6409' s Days Payable Range Over the Past 10 Years
Min: 91.18 Med: 105.56 Max: 119.8
Current: 107.09

During the past 13 years, Voltronic Power Technology's highest Days Payable was 119.80. The lowest was 91.18. And the median was 105.56.

TPE:6409's Days Payable is ranked better than
65.49% of 2927 companies
in the Industrial Products industry
Industry Median: 76.43 vs TPE:6409: 107.09

Voltronic Power Technology's Days Payable increased from Mar. 2023 (112.71) to Mar. 2024 (113.04). It may suggest that Voltronic Power Technology delayed paying its suppliers.

Voltronic Power Technology Days Payable Historical Data

The historical data trend for Voltronic Power Technology'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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Voltronic Power Technology Days Payable Chart

Voltronic Power Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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107.14

119.80

100.12

91.18

110.50

Voltronic Power Technology 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															112.71	97.00	113.03	103.66	113.04

Competitive Comparison of Voltronic Power Technology's Days Payable

For the Electrical Equipment & Parts subindustry, Voltronic Power Technology'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.

Voltronic Power Technology's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Voltronic Power Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Voltronic Power Technology's Days Payable falls into.

Voltronic Power Technology 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.

Voltronic Power Technology'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
=	( (4173.056	+	3687.168)	/	2 )	/	12982.371	*	365
=	3930.112					/	12982.371	*	365
=	110.50

Voltronic Power Technology'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
=	( (3687.168	+	4168.601)	/	2 )	/	3170.859	*	365 / 4
=	3927.8845					/	3170.859	*	365 / 4
=	113.04

Voltronic Power Technology Days Payable Related Terms

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Voltronic Power Technology (TPE:6409) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Voltronic Power Technology Corp (TPE:6409) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 406, Xinhu 1st Road, Neihu District, Taipei, TWN

Website

https://www.voltronicpower.com

Voltronic Power Technology Corp is a Taiwan-based company that manufactures and distributes uninterruptible power supplies (UPSs), photovoltaic products, and electronic materials. Voltronic's product portfolio includes solar power pump inverters, off-grid inverters, standby UPSs, online and off-line UPSs, line interactive UPSs, automatic voltage regulators (AVRs), bypass switches, simple network management protocol cards, modbus cards, and rack towers. The firm has four manufacturing facilities in China and Taiwan.

Voltronic Power Technology (TPE:6409) Headlines

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