AcSip Technology (ROCO:6403) Days Payable : 41.01 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is AcSip Technology Days Payable?

AcSip Technology's average Accounts Payable for the six months ended in Dec. 2023 was NT$11.9 Mil. AcSip Technology's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$53.0 Mil. Hence, AcSip Technology's Days Payable for the six months ended in Dec. 2023 was 41.01.

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

ROCO:6403' s Days Payable Range Over the Past 10 Years
Min: 13 Med: 46.04 Max: 77.47
Current: 50.38

During the past 13 years, AcSip Technology's highest Days Payable was 77.47. The lowest was 13.00. And the median was 46.04.

ROCO:6403's Days Payable is ranked worse than
68.03% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs ROCO:6403: 50.38

AcSip Technology's Days Payable declined from Dec. 2022 (59.68) to Dec. 2023 (41.01). It may suggest that AcSip Technology accelerated paying its suppliers.

AcSip Technology Days Payable Historical Data

The historical data trend for AcSip Technology'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.

AcSip Technology Days Payable Chart

AcSip Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

71.42

77.47

49.82

42.25

55.65

AcSip Technology Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															65.91	38.89	59.68	54.79	41.01

Competitive Comparison of AcSip Technology's Days Payable

For the Communication Equipment subindustry, AcSip Technology'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.

AcSip Technology's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where AcSip Technology's Days Payable falls into.

AcSip Technology 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.

AcSip Technology'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
=	( (19.136	+	12.479)	/	2 )	/	103.683	*	365
=	15.8075					/	103.683	*	365
=	55.65

AcSip Technology's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (11.322	+	12.479)	/	2 )	/	52.956	*	365 / 2
=	11.9005					/	52.956	*	365 / 2
=	41.01

AcSip Technology Days Payable Related Terms

Thank you for viewing the detailed overview of AcSip Technology's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

AcSip Technology (ROCO:6403) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AcSip Technology Corp (ROCO:6403) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 207, Fuxing Road, 1st Floor, 3rd Floor, Taoyuan District, Taoyuan, TWN, 330

Website

http://www.acsip.com.tw

AcSip Technology Corp is engaged in the manufacturing and trading of electronic materials and components for the telecom industry. Its products include IoT-Wifi; loT-LoRa and Development Kits.

AcSip Technology (ROCO:6403) Headlines

No Headlines