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Baso Precision Optics (ROCO:6517) Days Payable : 35.44 (As of Mar. 2024)


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What is Baso Precision Optics Days Payable?

Baso Precision Optics's average Accounts Payable for the three months ended in Mar. 2024 was NT$29.5 Mil. Baso Precision Optics's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$75.9 Mil. Hence, Baso Precision Optics's Days Payable for the three months ended in Mar. 2024 was 35.44.

The historical rank and industry rank for Baso Precision Optics's Days Payable or its related term are showing as below:

ROCO:6517' s Days Payable Range Over the Past 10 Years
Min: 32.18   Med: 45.2   Max: 60.89
Current: 37.4

During the past 9 years, Baso Precision Optics's highest Days Payable was 60.89. The lowest was 32.18. And the median was 45.20.

ROCO:6517's Days Payable is ranked worse than
80.95% of 2420 companies
in the Hardware industry
Industry Median: 67.93 vs ROCO:6517: 37.40

Baso Precision Optics's Days Payable declined from Mar. 2023 (39.36) to Mar. 2024 (35.44). It may suggest that Baso Precision Optics accelerated paying its suppliers.


Baso Precision Optics Days Payable Historical Data

The historical data trend for Baso Precision Optics'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.

Baso Precision Optics Days Payable Chart

Baso Precision Optics Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only 48.12 32.18 36.34 42.80 45.20

Baso Precision Optics Quarterly Data
Dec14 Jun15 Dec15 Jun16 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.36 41.18 34.00 39.10 35.44

Competitive Comparison of Baso Precision Optics's Days Payable

For the Electronic Components subindustry, Baso Precision Optics'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.


Baso Precision Optics's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Baso Precision Optics's Days Payable falls into.



Baso Precision Optics 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.

Baso Precision Optics'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
=( (41.508 + 31.45) / 2 ) / 294.605*365
=36.479 / 294.605*365
=45.20

Baso Precision Optics'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
=( (31.45 + 27.508) / 2 ) / 75.909*365 / 4
=29.479 / 75.909*365 / 4
=35.44

* 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.


Baso Precision Optics Days Payable Related Terms

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Baso Precision Optics (ROCO:6517) Business Description

Traded in Other Exchanges
N/A
Address
No.14, Jianguo Road, Tanzi District, Taichung, TWN, 427
Baso Precision Optics Ltd is engaged in manufacturing and selling lens, lens modules and elements, and other products. It designs lens for projectors, DSC lens module, scanners, telescopes, copiers and mobile phone lens module.

Baso Precision Optics (ROCO:6517) Headlines

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