Youngtek Electronics (ROCO:6261) Days Payable : 51.99 (As of Mar. 2024)

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What is Youngtek Electronics Days Payable?

Youngtek Electronics's average Accounts Payable for the three months ended in Mar. 2024 was NT$376 Mil. Youngtek Electronics's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$661 Mil. Hence, Youngtek Electronics's Days Payable for the three months ended in Mar. 2024 was 51.99.

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

ROCO:6261' s Days Payable Range Over the Past 10 Years
Min: 35.82 Med: 50.3 Max: 69.26
Current: 44.6

During the past 13 years, Youngtek Electronics's highest Days Payable was 69.26. The lowest was 35.82. And the median was 50.30.

ROCO:6261's Days Payable is ranked worse than
58.09% of 964 companies
in the Semiconductors industry
Industry Median: 51.69 vs ROCO:6261: 44.60

Youngtek Electronics's Days Payable declined from Mar. 2023 (56.27) to Mar. 2024 (51.99). It may suggest that Youngtek Electronics accelerated paying its suppliers.

Youngtek Electronics Days Payable Historical Data

The historical data trend for Youngtek Electronics'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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Youngtek Electronics Days Payable Chart

Youngtek Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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51.11

69.26

64.63

61.01

51.31

Youngtek Electronics 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															56.27	45.38	40.54	33.59	51.99

Competitive Comparison of Youngtek Electronics's Days Payable

For the Semiconductors subindustry, Youngtek Electronics'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.

Youngtek Electronics's Days Payable Distribution in the Semiconductors Industry

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

* The bar in red indicates where Youngtek Electronics's Days Payable falls into.

Youngtek Electronics 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.

Youngtek Electronics'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
=	( (422.286	+	326.272)	/	2 )	/	2662.325	*	365
=	374.279					/	2662.325	*	365
=	51.31

Youngtek Electronics'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
=	( (326.272	+	426.44)	/	2 )	/	660.529	*	365 / 4
=	376.356					/	660.529	*	365 / 4
=	51.99

Youngtek Electronics Days Payable Related Terms

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Youngtek Electronics (ROCO:6261) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Youngtek Electronics Corp (ROCO:6261) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5, Keji Road, Science Industrial Park, Hsinchu, TWN

Website

https://www.ytec.com.tw

Youngtek Electronics Corp is a Taiwan-based company operating in the semiconductor industry. The company is mainly engaged in the design, manufacture, and sales of semiconductor equipment. Its product portfolio comprises. Its products offering include full-function IC tester, logic, analog, mixed-signal IC tester, LED tester, prober and sorter, CCM equipment, and AOI system.

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