Infinite Finance Co (ROCO:6958) Days Payable : 0.00 (As of Dec. 2023)

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What is Infinite Finance Co Days Payable?

Infinite Finance Co's average Accounts Payable for the six months ended in Dec. 2023 was NT$0 Mil. Infinite Finance Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$2,529 Mil. Hence, Infinite Finance Co's Days Payable for the six months ended in Dec. 2023 was 0.00.

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

ROCO:6958's Days Payable is not ranked ^*
in the Credit Services industry.
Industry Median: 43.675
* Ranked among companies with meaningful Days Payable only.

Infinite Finance Co's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Infinite Finance Co Days Payable Historical Data

The historical data trend for Infinite Finance 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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Infinite Finance Co Days Payable Chart

Infinite Finance Co Annual Data

Trend

Dec22

Dec23

Days Payable

Infinite Finance Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Days Payable	-	-	-	-

Competitive Comparison of Infinite Finance Co's Days Payable

For the Credit Services subindustry, Infinite Finance 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.

Infinite Finance Co's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Infinite Finance Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Infinite Finance Co's Days Payable falls into.

Infinite Finance 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.

Infinite Finance 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	+	0)	/	1 )	/	4882.151	*	365
=	0					/	4882.151	*	365
=	0.00

Infinite Finance 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	+	0)	/	1 )	/	2528.74	*	365 / 2
=	0					/	2528.74	*	365 / 2
=	0.00

Infinite Finance Co Days Payable Related Terms

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Infinite Finance Co (ROCO:6958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Infinite Finance Co Ltd (ROCO:6958) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.68, Songjiang Road, 7th Floor, Zhongshan District, Taipei, TWN

Website

http://www.inftfinance.com

Infinite Finance Co Ltd provides various types of vehicle loans for heavy vehicles, tour buses, vans and small passenger cars, Its operations comprise procurement loans for heavy vehicles, tour buses, vans and small passenger cars; procurement loans and leasing services for various types of construction and engineering equipment include cranes, excavators, loaders, stackers, piling machines; letter of credit for imported machinery services; green energy financing and other services.

Infinite Finance Co (ROCO:6958) Headlines

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