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Ibase Technology (ROCO:8050) Days Payable : 91.44 (As of Mar. 2024)


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What is Ibase Technology Days Payable?

Ibase Technology's average Accounts Payable for the three months ended in Mar. 2024 was NT$746 Mil. Ibase Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$744 Mil. Hence, Ibase Technology's Days Payable for the three months ended in Mar. 2024 was 91.44.

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

ROCO:8050' s Days Payable Range Over the Past 10 Years
Min: 45.76   Med: 56.21   Max: 68.35
Current: 61.68

During the past 13 years, Ibase Technology's highest Days Payable was 68.35. The lowest was 45.76. And the median was 56.21.

ROCO:8050's Days Payable is ranked worse than
56.51% of 2421 companies
in the Hardware industry
Industry Median: 68.07 vs ROCO:8050: 61.68

Ibase Technology's Days Payable increased from Mar. 2023 (55.80) to Mar. 2024 (91.44). It may suggest that Ibase Technology delayed paying its suppliers.


Ibase Technology Days Payable Historical Data

The historical data trend for Ibase 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.

* Premium members only.

Ibase Technology Days Payable Chart

Ibase Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.42 54.13 55.98 65.20 68.35

Ibase Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 55.80 46.04 55.54 72.54 91.44

Competitive Comparison of Ibase Technology's Days Payable

For the Computer Hardware subindustry, Ibase 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.


Ibase Technology's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ibase Technology's Days Payable distribution charts can be found below:

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



Ibase 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.

Ibase 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
=( (876.988 + 815.428) / 2 ) / 4518.977*365
=846.208 / 4518.977*365
=68.35

Ibase Technology'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
=( (815.428 + 676.158) / 2 ) / 744.259*365 / 4
=745.793 / 744.259*365 / 4
=91.44

* 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.


Ibase Technology Days Payable Related Terms

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Ibase Technology (ROCO:8050) Business Description

Traded in Other Exchanges
N/A
Address
11 Floor, No.3-1, YuanCyu Street, Nankang Software Park, Taipei, TWN, 115
Ibase Technology Inc is a Taiwan-based company principally engaged in the manufacture and distribution of computer devices. It offers single board computers, industrial motherboards, embedded systems and panel PCs in the Industrial PC market. The company has two manufacturing sites, one in Sanchung and another one in Xinzhuang, New Taipei City, Taiwan. All the business activity is functioned through Taiwan and its products are distributed in Taiwan and to an international market.

Ibase Technology (ROCO:8050) Headlines

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