Power Master Energy Co (ROCO:6839) Days Payable : 218.59 (As of Dec. 2023)

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What is Power Master Energy Co Days Payable?

Power Master Energy Co's average Accounts Payable for the six months ended in Dec. 2023 was NT$762 Mil. Power Master Energy Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$636 Mil. Hence, Power Master Energy Co's Days Payable for the six months ended in Dec. 2023 was 218.59.

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

ROCO:6839' s Days Payable Range Over the Past 10 Years
Min: 66.12 Med: 100.32 Max: 145.41
Current: 145.41

During the past 6 years, Power Master Energy Co's highest Days Payable was 145.41. The lowest was 66.12. And the median was 100.32.

ROCO:6839's Days Payable is ranked better than
86.22% of 965 companies
in the Semiconductors industry
Industry Median: 51.64 vs ROCO:6839: 145.41

Power Master Energy Co's Days Payable increased from Dec. 2022 (102.90) to Dec. 2023 (218.59). It may suggest that Power Master Energy Co delayed paying its suppliers.

Power Master Energy Co Days Payable Historical Data

The historical data trend for Power Master Energy 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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Power Master Energy Co Days Payable Chart

Power Master Energy Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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93.45

81.11

107.18

66.12

142.75

Power Master Energy Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial					47.41	36.10	102.90	109.61	218.59

Competitive Comparison of Power Master Energy Co's Days Payable

For the Solar subindustry, Power Master Energy 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.

Power Master Energy Co's Days Payable Distribution in the Semiconductors Industry

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

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

Power Master Energy 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.

Power Master Energy 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
=	( (707.509	+	753.082)	/	2 )	/	1867.36	*	365
=	730.2955					/	1867.36	*	365
=	142.75

Power Master Energy 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
=	( (771.193	+	753.082)	/	2 )	/	636.299	*	365 / 2
=	762.1375					/	636.299	*	365 / 2
=	218.59

Power Master Energy Co Days Payable Related Terms

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Power Master Energy Co (ROCO:6839) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Power Master Energy Co Ltd (ROCO:6839) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3, Zhongzheng Road, 8th Floor, No. 651, Xinzhuang District, New Taipei City, TWN

Website

https://www.powermaster.com.tw

Power Master Energy Co Ltd Formerly Power Master II Holdings Co Ltd is a professional solar power system provider in Taiwan. The business scope is divided into the four main axes of the solar power systems: Engineering Contract EPC, Power Plant Investment, Maintenance Operation Management, and Energy Storage System. It also develops solar photovoltaic components such as modules, brackets, and inverters.

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