Lin Horn Technology Co (ROCO:5464) Days Payable : 37.66 (As of Mar. 2024)

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What is Lin Horn Technology Co Days Payable?

Lin Horn Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$94 Mil. Lin Horn Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$227 Mil. Hence, Lin Horn Technology Co's Days Payable for the three months ended in Mar. 2024 was 37.66.

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

ROCO:5464' s Days Payable Range Over the Past 10 Years
Min: 23.45 Med: 29.01 Max: 44.73
Current: 31.03

During the past 13 years, Lin Horn Technology Co's highest Days Payable was 44.73. The lowest was 23.45. And the median was 29.01.

ROCO:5464's Days Payable is ranked worse than
87.27% of 2420 companies
in the Hardware industry
Industry Median: 67.93 vs ROCO:5464: 31.03

Lin Horn Technology Co's Days Payable increased from Mar. 2023 (28.72) to Mar. 2024 (37.66). It may suggest that Lin Horn Technology Co delayed paying its suppliers.

Lin Horn Technology Co Days Payable Historical Data

The historical data trend for Lin Horn Technology 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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Lin Horn Technology Co Days Payable Chart

Lin Horn Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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27.69

44.73

30.27

23.45

27.79

Lin Horn Technology 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															28.72	27.52	28.91	28.29	37.66

Competitive Comparison of Lin Horn Technology Co's Days Payable

For the Electronic Components subindustry, Lin Horn Technology 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.

Lin Horn Technology Co's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Lin Horn Technology Co's Days Payable falls into.

Lin Horn Technology 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.

Lin Horn Technology 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
=	( (77.757	+	75.864)	/	2 )	/	1008.784	*	365
=	76.8105					/	1008.784	*	365
=	27.79

Lin Horn Technology 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
=	( (75.864	+	111.249)	/	2 )	/	226.711	*	365 / 4
=	93.5565					/	226.711	*	365 / 4
=	37.66

Lin Horn Technology Co Days Payable Related Terms

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Lin Horn Technology Co (ROCO:5464) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lin Horn Technology Co Ltd (ROCO:5464) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6, Zhongshan Road, Minxiong Industrial Zone, Minxiong Township, Chiayi county, TWN

Website

https://www.lhtech.com.tw

Lin Horn Technology Co Ltd produces and sells printed circuit boards. It products include computer main bodies and related products, The segment of the group include PCB department, tourist hotel department and adjustment and elimination department. The company offers products like Printed circuit boards, Computer peripherals, Netcom products, consumer electronics, automotive electronics and others. The company earns majority of its revenue from Printed Circuit Board (PCB) segment.

Lin Horn Technology Co (ROCO:5464) Headlines

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