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Acmepoint Energy Services Co (ROCO:6692) Days Payable : 137.48 (As of Mar. 2024)


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What is Acmepoint Energy Services Co Days Payable?

Acmepoint Energy Services Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$354 Mil. Acmepoint Energy Services Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$235 Mil. Hence, Acmepoint Energy Services Co's Days Payable for the three months ended in Mar. 2024 was 137.48.

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

ROCO:6692' s Days Payable Range Over the Past 10 Years
Min: 55.08   Med: 104.94   Max: 156.95
Current: 113.37

During the past 9 years, Acmepoint Energy Services Co's highest Days Payable was 156.95. The lowest was 55.08. And the median was 104.94.

ROCO:6692's Days Payable is ranked better than
80.1% of 965 companies
in the Semiconductors industry
Industry Median: 51.92 vs ROCO:6692: 113.37

Acmepoint Energy Services Co's Days Payable declined from Mar. 2023 (139.57) to Mar. 2024 (137.48). It may suggest that Acmepoint Energy Services Co accelerated paying its suppliers.


Acmepoint Energy Services Co Days Payable Historical Data

The historical data trend for Acmepoint Energy Services 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.

* Premium members only.

Acmepoint Energy Services Co Days Payable Chart

Acmepoint Energy Services Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only 55.08 74.56 104.94 94.54 156.95

Acmepoint Energy Services Co Quarterly Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 139.57 121.95 96.36 117.01 137.48

Competitive Comparison of Acmepoint Energy Services Co's Days Payable

For the Solar subindustry, Acmepoint Energy Services 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.


Acmepoint Energy Services Co's Days Payable Distribution in the Semiconductors Industry

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

* The bar in red indicates where Acmepoint Energy Services Co's Days Payable falls into.



Acmepoint Energy Services 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.

Acmepoint Energy Services 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
=( (793.477 + 441.016) / 2 ) / 1435.417*365
=617.2465 / 1435.417*365
=156.95

Acmepoint Energy Services 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
=( (441.016 + 266.626) / 2 ) / 234.843*365 / 4
=353.821 / 234.843*365 / 4
=137.48

* 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.


Acmepoint Energy Services Co Days Payable Related Terms

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Acmepoint Energy Services Co (ROCO:6692) Business Description

Traded in Other Exchanges
N/A
Address
No.257, Xinhu 2nd Road, 6 Floor, Neihu District, Taipei, TWN, 114
Acmepoint Energy Services Co is a Taiwan-based company engaged in the construction of the solar power station. Products and services offered by the company include solar system and station services, solar thermal power systems, energy storage systems, and biomass energy generation systems, among others. The company is also engaged in the development of overseas projects.

Acmepoint Energy Services Co (ROCO:6692) Headlines

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