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UTECHZONE Co (ROCO:3455) Days Payable : 105.73 (As of Mar. 2024)


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What is UTECHZONE Co Days Payable?

UTECHZONE Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$209 Mil. UTECHZONE Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$180 Mil. Hence, UTECHZONE Co's Days Payable for the three months ended in Mar. 2024 was 105.73.

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

ROCO:3455' s Days Payable Range Over the Past 10 Years
Min: 54.1   Med: 88.37   Max: 133.43
Current: 91.11

During the past 13 years, UTECHZONE Co's highest Days Payable was 133.43. The lowest was 54.10. And the median was 88.37.

ROCO:3455's Days Payable is ranked better than
66.2% of 2420 companies
in the Hardware industry
Industry Median: 68.065 vs ROCO:3455: 91.11

UTECHZONE Co's Days Payable declined from Mar. 2023 (130.03) to Mar. 2024 (105.73). It may suggest that UTECHZONE Co accelerated paying its suppliers.


UTECHZONE Co Days Payable Historical Data

The historical data trend for UTECHZONE 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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UTECHZONE Co Days Payable Chart

UTECHZONE 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 133.43 122.95 93.67 78.15 112.77

UTECHZONE 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 130.03 118.92 118.40 61.39 105.73

Competitive Comparison of UTECHZONE Co's Days Payable

For the Electronic Components subindustry, UTECHZONE 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.


UTECHZONE Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, UTECHZONE Co's Days Payable distribution charts can be found below:

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



UTECHZONE 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.

UTECHZONE 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
=( (276.801 + 241.652) / 2 ) / 839.046*365
=259.2265 / 839.046*365
=112.77

UTECHZONE 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
=( (241.652 + 175.354) / 2 ) / 179.944*365 / 4
=208.503 / 179.944*365 / 4
=105.73

* 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.


UTECHZONE Co Days Payable Related Terms

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UTECHZONE Co (ROCO:3455) Business Description

Traded in Other Exchanges
N/A
Address
10F, No. 268, Liancheng Road, Taipei County, Jhonghe City, TWN, 23553
UTECHZONE Co Ltd is engaged in the development of automated optical inspection equipment for integrated circuits and thin film transistor liquid crystal displays. It provides strip type, panel type and flip chip AOI equipment.

UTECHZONE Co (ROCO:3455) Headlines

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