Powertip Image (ROCO:6498) Days Payable : 94.11 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Powertip Image Days Payable?

Powertip Image's average Accounts Payable for the six months ended in Dec. 2023 was NT$129.5 Mil. Powertip Image's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$251.2 Mil. Hence, Powertip Image's Days Payable for the six months ended in Dec. 2023 was 94.11.

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

ROCO:6498' s Days Payable Range Over the Past 10 Years
Min: 51.39 Med: 81.99 Max: 131.06
Current: 91.77

During the past 13 years, Powertip Image's highest Days Payable was 131.06. The lowest was 51.39. And the median was 81.99.

ROCO:6498's Days Payable is ranked better than
66.96% of 2418 companies
in the Hardware industry
Industry Median: 67.94 vs ROCO:6498: 91.77

Powertip Image's Days Payable declined from Dec. 2022 (100.45) to Dec. 2023 (94.11). It may suggest that Powertip Image accelerated paying its suppliers.

Powertip Image Days Payable Historical Data

The historical data trend for Powertip Image'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.

Powertip Image Days Payable Chart

Powertip Image Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

55.16

65.75

84.41

79.57

91.07

Powertip Image 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															92.39	80.29	100.45	89.50	94.11

Competitive Comparison of Powertip Image's Days Payable

For the Electronic Components subindustry, Powertip Image'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.

Powertip Image's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Powertip Image's Days Payable falls into.

Powertip Image 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.

Powertip Image'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
=	( (74.766	+	146.108)	/	2 )	/	442.628	*	365
=	110.437					/	442.628	*	365
=	91.07

Powertip Image'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
=	( (112.976	+	146.108)	/	2 )	/	251.206	*	365 / 2
=	129.542					/	251.206	*	365 / 2
=	94.11

Powertip Image Days Payable Related Terms

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

Powertip Image (ROCO:6498) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Powertip Image Corp (ROCO:6498) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 8, 6th Road, Taichung Industrial Park, Taichung, TWN, 40755

Website

http://www.powertip.com.tw

Powertip Image Corp is a Taiwan based manufacturer of small to mid-size full-color TFT and monochrome displays as well as resistive and capacitive touch panels. The company's product lines include Embedded solutions, Evaluation board, EM Touch, VATN/PBT LCD Modules and Graphic LCD Modules among others.

Powertip Image (ROCO:6498) Headlines

No Headlines