Grade Upon Technology (ROCO:6739) Days Payable : 33.90 (As of Dec. 2023)

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What is Grade Upon Technology Days Payable?

Grade Upon Technology's average Accounts Payable for the six months ended in Dec. 2023 was NT$8.9 Mil. Grade Upon Technology's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$47.8 Mil. Hence, Grade Upon Technology's Days Payable for the six months ended in Dec. 2023 was 33.90.

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

ROCO:6739' s Days Payable Range Over the Past 10 Years
Min: 24.51 Med: 63.98 Max: 106.59
Current: 55.72

During the past 6 years, Grade Upon Technology's highest Days Payable was 106.59. The lowest was 24.51. And the median was 63.98.

ROCO:6739's Days Payable is ranked better than
53.89% of 965 companies
in the Semiconductors industry
Industry Median: 51.92 vs ROCO:6739: 55.72

Grade Upon Technology's Days Payable declined from Dec. 2022 (48.34) to Dec. 2023 (33.90). It may suggest that Grade Upon Technology accelerated paying its suppliers.

Grade Upon Technology Days Payable Historical Data

The historical data trend for Grade Upon Technology'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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Grade Upon Technology Days Payable Chart

Grade Upon Technology Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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49.36

24.51

64.20

106.59

70.79

Grade Upon Technology Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial							64.00	143.02	48.34	61.27	33.90

Competitive Comparison of Grade Upon Technology's Days Payable

For the Semiconductors subindustry, Grade Upon Technology'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.

Grade Upon Technology's Days Payable Distribution in the Semiconductors Industry

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

* The bar in red indicates where Grade Upon Technology's Days Payable falls into.

Grade Upon Technology 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.

Grade Upon Technology'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
=	( (28.046	+	10.74)	/	2 )	/	99.995	*	365
=	19.393					/	99.995	*	365
=	70.79

Grade Upon Technology'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
=	( (7.011	+	10.74)	/	2 )	/	47.783	*	365 / 2
=	8.8755					/	47.783	*	365 / 2
=	33.90

Grade Upon Technology Days Payable Related Terms

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Grade Upon Technology (ROCO:6739) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Grade Upon Technology Corp (ROCO:6739) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1, Baotai 6th Road, Hsinchu County, Zhubei, TWN, 30244

Website

https://www.gutc.com.tw

Grade Upon Technology Corp is specializing in R&D and design for industrial process equipment and monitoring equipment as the core technology of its IC Design. Its products include IoT fast platform, LG16 / LG216 Liquid flow sensor / Flowmeter, SLQ-HC60 flow meter, ASL-1600 Liquid Flow Meter, MSD online system among others.

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