Zen Voce (ROCO:3581) Days Payable : 43.32 (As of Mar. 2024)

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What is Zen Voce Days Payable?

Zen Voce's average Accounts Payable for the three months ended in Mar. 2024 was NT$107 Mil. Zen Voce's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$226 Mil. Hence, Zen Voce's Days Payable for the three months ended in Mar. 2024 was 43.32.

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

ROCO:3581' s Days Payable Range Over the Past 10 Years
Min: 41.54 Med: 68.42 Max: 83.61
Current: 41.54

During the past 13 years, Zen Voce's highest Days Payable was 83.61. The lowest was 41.54. And the median was 68.42.

ROCO:3581's Days Payable is ranked worse than
61.51% of 964 companies
in the Semiconductors industry
Industry Median: 51.69 vs ROCO:3581: 41.54

Zen Voce's Days Payable declined from Mar. 2023 (52.09) to Mar. 2024 (43.32). It may suggest that Zen Voce accelerated paying its suppliers.

Zen Voce Days Payable Historical Data

The historical data trend for Zen Voce'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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Zen Voce Days Payable Chart

Zen Voce Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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69.95

55.77

64.33

61.41

44.03

Zen Voce 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															52.09	44.47	39.08	33.82	43.32

Competitive Comparison of Zen Voce's Days Payable

For the Semiconductors subindustry, Zen Voce'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.

Zen Voce's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Zen Voce's Days Payable distribution charts can be found below:

* The bar in red indicates where Zen Voce's Days Payable falls into.

Zen Voce 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.

Zen Voce'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
=	( (154.543	+	93.01)	/	2 )	/	1026.131	*	365
=	123.7765					/	1026.131	*	365
=	44.03

Zen Voce'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
=	( (93.01	+	121.484)	/	2 )	/	225.932	*	365 / 4
=	107.247					/	225.932	*	365 / 4
=	43.32

Zen Voce Days Payable Related Terms

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Zen Voce (ROCO:3581) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Zen Voce Corp (ROCO:3581) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 53, Jinggong Road, Sinfong Township, Hsinchu, TWN, 30441

Website

http://www.zenvoce.com

Zen Voce Corp is a Taiwan based company engaged in the business of providing semiconductor, optoelectronics and MEMS and LCD's equipment. It offers equipment products which include IC packaging machine design and manufacture of bumping, wafer cutting machine and cleaning machine design and manufacturing, and board cutting machine and cleaning machine design and manufacturing. The test products provided by the company includes Wafer test probe card PCB design and manufacturing, IC test HIFIX and CHANG KIT design and manufacturing, SOCKET IC design and manufacturing test, Acting IC HANDLER, and Acting SOCKET IC burn-in test.

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