Actron Technology (ROCO:8255) Days Payable : 52.02 (As of Mar. 2024)

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What is Actron Technology Days Payable?

Actron Technology's average Accounts Payable for the three months ended in Mar. 2024 was NT$741 Mil. Actron Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,299 Mil. Hence, Actron Technology's Days Payable for the three months ended in Mar. 2024 was 52.02.

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

ROCO:8255' s Days Payable Range Over the Past 10 Years
Min: 24.05 Med: 44.99 Max: 51.24
Current: 45.59

During the past 13 years, Actron Technology's highest Days Payable was 51.24. The lowest was 24.05. And the median was 44.99.

ROCO:8255's Days Payable is ranked worse than
69.6% of 1260 companies
in the Vehicles & Parts industry
Industry Median: 66.48 vs ROCO:8255: 45.59

Actron Technology's Days Payable increased from Mar. 2023 (46.96) to Mar. 2024 (52.02). It may suggest that Actron Technology delayed paying its suppliers.

Actron Technology Days Payable Historical Data

The historical data trend for Actron 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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Actron Technology Days Payable Chart

Actron Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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46.30

47.80

47.30

51.24

50.32

Actron 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															46.96	38.41	42.59	49.87	52.02

Competitive Comparison of Actron Technology's Days Payable

For the Auto Parts subindustry, Actron 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.

Actron Technology's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Actron Technology's Days Payable distribution charts can be found below:

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

Actron 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.

Actron 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
=	( (465.873	+	711.619)	/	2 )	/	4270.676	*	365
=	588.746					/	4270.676	*	365
=	50.32

Actron 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
=	( (711.619	+	769.789)	/	2 )	/	1299.198	*	365 / 4
=	740.704					/	1299.198	*	365 / 4
=	52.02

Actron Technology Days Payable Related Terms

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Actron Technology (ROCO:8255) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Actron Technology Corp (ROCO:8255) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nankan Road, 1F, No 22 ,Section 2, Luzhu District, Taoyuan, TWN

Website

http://www.actron.com.tw

Actron Technology Corp operates in the business of automotive diode. It supplies automotive diodes to the countries and specializes in automotive diode, alternator, regulator, and ABS(Anti-lock Brake System) controls. Its products include Pressfit Diode, Dish Diode, Low Loss Diode, Button Diode, and other Diode. The majority of the revenue is generated from the sales of the Pressfit Diode.

Actron Technology (ROCO:8255) Headlines

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