Wistron Information Technology & Service (ROCO:4953) Days Payable : 3.08 (As of Mar. 2024)

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What is Wistron Information Technology & Service Days Payable?

Wistron Information Technology & Service's average Accounts Payable for the three months ended in Mar. 2024 was NT$67 Mil. Wistron Information Technology & Service's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,995 Mil. Hence, Wistron Information Technology & Service's Days Payable for the three months ended in Mar. 2024 was 3.08.

The historical rank and industry rank for Wistron Information Technology & Service's Days Payable or its related term are showing as below:

ROCO:4953' s Days Payable Range Over the Past 10 Years
Min: 3.34 Med: 16.3 Max: 32.4
Current: 3.34

During the past 13 years, Wistron Information Technology & Service's highest Days Payable was 32.40. The lowest was 3.34. And the median was 16.30.

ROCO:4953's Days Payable is ranked worse than
97.24% of 2532 companies
in the Software industry
Industry Median: 50.275 vs ROCO:4953: 3.34

Wistron Information Technology & Service's Days Payable declined from Mar. 2023 (4.01) to Mar. 2024 (3.08). It may suggest that Wistron Information Technology & Service accelerated paying its suppliers.

Wistron Information Technology & Service Days Payable Historical Data

The historical data trend for Wistron Information Technology & Service'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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Wistron Information Technology & Service Days Payable Chart

Wistron Information Technology & Service Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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14.95

13.53

7.85

5.02

3.82

Wistron Information Technology & Service 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															4.01	3.71	3.52	3.19	3.08

Competitive Comparison of Wistron Information Technology & Service's Days Payable

For the Information Technology Services subindustry, Wistron Information Technology & Service'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.

Wistron Information Technology & Service's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Wistron Information Technology & Service's Days Payable distribution charts can be found below:

* The bar in red indicates where Wistron Information Technology & Service's Days Payable falls into.

Wistron Information Technology & Service 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.

Wistron Information Technology & Service'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
=	( (77.865	+	70.346)	/	2 )	/	7076.983	*	365
=	74.1055					/	7076.983	*	365
=	3.82

Wistron Information Technology & Service'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
=	( (70.346	+	64.38)	/	2 )	/	1995.371	*	365 / 4
=	67.363					/	1995.371	*	365 / 4
=	3.08

Wistron Information Technology & Service Days Payable Related Terms

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Wistron Information Technology & Service (ROCO:4953) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wistron Information Technology & Service (ROCO:4953) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

No. 93, Section 1, Xintai 5th Road, 32nd Floor, Xizhi District, Taipei, TWN, 22175

Website

https://www.wistronits.com

Wistron Information Technology & Service is engaged in the development and maintenance of the IT system, IT consulting and outsourcing services. Its products and service include technical consulting services, information technology outsourcing, business process outsourcing, and product globalization services. Geographically, the business presences are in Taiwan, Japan and Others.

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