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Airlux Electrical Co (ROCO:4609) Days Payable : 134.21 (As of Mar. 2024)


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What is Airlux Electrical Co Days Payable?

Airlux Electrical Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$22.47 Mil. Airlux Electrical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$15.28 Mil. Hence, Airlux Electrical Co's Days Payable for the three months ended in Mar. 2024 was 134.21.

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

ROCO:4609' s Days Payable Range Over the Past 10 Years
Min: 51.18   Med: 86.63   Max: 209.26
Current: 87.34

During the past 13 years, Airlux Electrical Co's highest Days Payable was 209.26. The lowest was 51.18. And the median was 86.63.

ROCO:4609's Days Payable is ranked better than
64.02% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs ROCO:4609: 87.34

Airlux Electrical Co's Days Payable increased from Mar. 2023 (87.28) to Mar. 2024 (134.21). It may suggest that Airlux Electrical Co delayed paying its suppliers.


Airlux Electrical Co Days Payable Historical Data

The historical data trend for Airlux Electrical 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.

Airlux Electrical Co Days Payable Chart

Airlux Electrical 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 84.14 77.68 89.12 209.26 136.51

Airlux Electrical 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 87.28 79.09 54.46 73.42 134.21

Competitive Comparison of Airlux Electrical Co's Days Payable

For the Consumer Electronics subindustry, Airlux Electrical 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.


Airlux Electrical Co's Days Payable Distribution in the Hardware Industry

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

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



Airlux Electrical 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.

Airlux Electrical 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
=( (38.983 + 23.365) / 2 ) / 83.353*365
=31.174 / 83.353*365
=136.51

Airlux Electrical 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
=( (23.365 + 21.576) / 2 ) / 15.278*365 / 4
=22.4705 / 15.278*365 / 4
=134.21

* 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.


Airlux Electrical Co Days Payable Related Terms

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Airlux Electrical Co (ROCO:4609) Business Description

Traded in Other Exchanges
N/A
Address
2-20 Nanyuan Road, Chungli, Taoyuan Hsien, TWN
Airlux Electrical Co Ltd is a Taiwan based electrical appliances company. It is involved in the development of motor driven electrical appliances such as table blenders, food processor, hand blender, stand mixer and others. The company also offers other appliances such as soup maker, ceramic heater, convection oven, contact grill and others.

Airlux Electrical Co (ROCO:4609) Headlines

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