Art Emperor Co (ROCO:6650) Days Payable : 1.24 (As of Dec. 2023)

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What is Art Emperor Co Days Payable?

Art Emperor Co's average Accounts Payable for the six months ended in Dec. 2023 was NT$0.1 Mil. Art Emperor Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$20.6 Mil. Hence, Art Emperor Co's Days Payable for the six months ended in Dec. 2023 was 1.24.

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

ROCO:6650' s Days Payable Range Over the Past 10 Years
Min: 1.41 Med: 25.33 Max: 172.03
Current: 1.41

During the past 10 years, Art Emperor Co's highest Days Payable was 172.03. The lowest was 1.41. And the median was 25.33.

ROCO:6650's Days Payable is ranked worse than
99.08% of 433 companies
in the Interactive Media industry
Industry Median: 61.44 vs ROCO:6650: 1.41

Art Emperor Co's Days Payable declined from Dec. 2022 (1.48) to Dec. 2023 (1.24). It may suggest that Art Emperor Co accelerated paying its suppliers.

Art Emperor Co Days Payable Historical Data

The historical data trend for Art Emperor 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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Art Emperor Co Days Payable Chart

Art Emperor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

172.03

31.10

2.68

2.65

1.41

Art Emperor Co Semi-Annual Data
	Dec14	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													2.15	2.72	1.48	1.63	1.24

Competitive Comparison of Art Emperor Co's Days Payable

For the Internet Content & Information subindustry, Art Emperor 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.

Art Emperor Co's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Art Emperor Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Art Emperor Co's Days Payable falls into.

Art Emperor 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.

Art Emperor 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
=	( (0.14	+	0.14)	/	2 )	/	36.245	*	365
=	0.14					/	36.245	*	365
=	1.41

Art Emperor Co'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
=	( (0.14	+	0.14)	/	2 )	/	20.569	*	365 / 2
=	0.14					/	20.569	*	365 / 2
=	1.24

Art Emperor Co Days Payable Related Terms

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Art Emperor Co (ROCO:6650) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Art Emperor Co Ltd (ROCO:6650) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tiding Boulevard, 6th Floor, No. 297, Sector 2, Neihu District, Taipei, TWN

Website

http://artemperor.tw

Art Emperor Co Ltd is a Taiwan based company operates art information website. It also engaged in conducting art exhibitions and maintaining art gallery. The company also offers Art Auction activities.

Art Emperor Co (ROCO:6650) Headlines

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