Chip Hope Co (ROCO:8084) Days Payable : 43.88 (As of Mar. 2024)

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What is Chip Hope Co Days Payable?

Chip Hope Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$45.8 Mil. Chip Hope Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$95.2 Mil. Hence, Chip Hope Co's Days Payable for the three months ended in Mar. 2024 was 43.88.

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

ROCO:8084' s Days Payable Range Over the Past 10 Years
Min: 1.48 Med: 13.76 Max: 58.17
Current: 58.17

During the past 13 years, Chip Hope Co's highest Days Payable was 58.17. The lowest was 1.48. And the median was 13.76.

ROCO:8084's Days Payable is ranked better than
56.85% of 964 companies
in the Semiconductors industry
Industry Median: 51.61 vs ROCO:8084: 58.17

Chip Hope Co's Days Payable increased from Mar. 2023 (26.35) to Mar. 2024 (43.88). It may suggest that Chip Hope Co delayed paying its suppliers.

Chip Hope Co Days Payable Historical Data

The historical data trend for Chip Hope 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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Chip Hope Co Days Payable Chart

Chip Hope Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1.48

2.11

6.47

14.16

40.64

Chip Hope Co 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															26.35	79.52	97.97	49.61	43.88

Competitive Comparison of Chip Hope Co's Days Payable

For the Semiconductors subindustry, Chip Hope 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.

Chip Hope Co's Days Payable Distribution in the Semiconductors Industry

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

* The bar in red indicates where Chip Hope Co's Days Payable falls into.

Chip Hope 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.

Chip Hope 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
=	( (57.63	+	78.249)	/	2 )	/	610.117	*	365
=	67.9395					/	610.117	*	365
=	40.64

Chip Hope 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
=	( (78.249	+	13.308)	/	2 )	/	95.208	*	365 / 4
=	45.7785					/	95.208	*	365 / 4
=	43.88

Chip Hope Co Days Payable Related Terms

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Chip Hope Co (ROCO:8084) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Chip Hope Co Ltd (ROCO:8084) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 258 Liancheng Road, 9th Floor, Zhonghe District, Taipei, TWN

Website

https://www.chiphope.com

Chip Hope Co Ltd is a Taiwan-based company mainly engaged in providing communication, consume, and personal computer IC products. Its products are mainly related to communication, consumer and personal computer peripheral IC products. The company offers hardware encrypted smartphones as well as enterprise security platform.

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