Fuzetec Technology Co (ROCO:6642) Days Payable : 75.76 (As of Mar. 2024)

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What is Fuzetec Technology Co Days Payable?

Fuzetec Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$48.2 Mil. Fuzetec Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$58.0 Mil. Hence, Fuzetec Technology Co's Days Payable for the three months ended in Mar. 2024 was 75.76.

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

ROCO:6642' s Days Payable Range Over the Past 10 Years
Min: 58.06 Med: 70.68 Max: 78.36
Current: 65.49

During the past 10 years, Fuzetec Technology Co's highest Days Payable was 78.36. The lowest was 58.06. And the median was 70.68.

ROCO:6642's Days Payable is ranked better than
62.03% of 964 companies
in the Semiconductors industry
Industry Median: 51.61 vs ROCO:6642: 65.49

Fuzetec Technology Co's Days Payable increased from Mar. 2023 (53.11) to Mar. 2024 (75.76). It may suggest that Fuzetec Technology Co delayed paying its suppliers.

Fuzetec Technology Co Days Payable Historical Data

The historical data trend for Fuzetec 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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Fuzetec Technology Co Days Payable Chart

Fuzetec Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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69.25

78.36

77.28

72.11

65.11

Fuzetec 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															53.11	56.99	57.28	70.84	75.76

Competitive Comparison of Fuzetec Technology Co's Days Payable

For the Semiconductors subindustry, Fuzetec 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.

Fuzetec Technology Co's Days Payable Distribution in the Semiconductors Industry

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

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

Fuzetec 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.

Fuzetec 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
=	( (35.372	+	49.705)	/	2 )	/	238.455	*	365
=	42.5385					/	238.455	*	365
=	65.11

Fuzetec 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
=	( (49.705	+	46.62)	/	2 )	/	58.012	*	365 / 4
=	48.1625					/	58.012	*	365 / 4
=	75.76

Fuzetec Technology Co Days Payable Related Terms

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Fuzetec Technology Co (ROCO:6642) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Fuzetec Technology Co Ltd (ROCO:6642) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 60, Wu-Gong 5 Road, Wu-Gu District, New Taipei, TWN, 24890

Website

https://www.fuzetec.com

Fuzetec Technology Co Ltd operates as an electrical component manufacturing company. It focuses on providing continuous circuit protection solutions to electronic and electrical industries. The company offers a wide variety of polymeric positive temperature coefficient resettable fuses to fulfill the needs of modern demanding high-tech applications. Its products include radial leaded PPTC, SMD PPTC, battery strap, low Rho SMD and chip and disc PPTC. Geographically the activities are conducted through the region of Taiwan.

Fuzetec Technology Co (ROCO:6642) Headlines

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