Delta Electronics (TPE:2308) Days Payable : 72.36 (As of Mar. 2024)

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What is Delta Electronics Days Payable?

Delta Electronics's average Accounts Payable for the three months ended in Mar. 2024 was NT$51,029 Mil. Delta Electronics's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$64,349 Mil. Hence, Delta Electronics's Days Payable for the three months ended in Mar. 2024 was 72.36.

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

TPE:2308' s Days Payable Range Over the Past 10 Years
Min: 72.87 Med: 82.43 Max: 87.31
Current: 72.87

During the past 13 years, Delta Electronics's highest Days Payable was 87.31. The lowest was 72.87. And the median was 82.43.

TPE:2308's Days Payable is ranked better than
54.11% of 2421 companies
in the Hardware industry
Industry Median: 67.83 vs TPE:2308: 72.87

Delta Electronics's Days Payable declined from Mar. 2023 (80.64) to Mar. 2024 (72.36). It may suggest that Delta Electronics accelerated paying its suppliers.

Delta Electronics Days Payable Historical Data

The historical data trend for Delta Electronics'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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Delta Electronics Days Payable Chart

Delta Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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75.41

80.54

82.35

78.21

74.70

Delta Electronics 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															80.64	74.68	73.48	75.71	72.36

Competitive Comparison of Delta Electronics's Days Payable

For the Electronic Components subindustry, Delta Electronics'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.

Delta Electronics's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Delta Electronics's Days Payable falls into.

Delta Electronics 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.

Delta Electronics'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
=	( (62714.264	+	53534.406)	/	2 )	/	284013.473	*	365
=	58124.335					/	284013.473	*	365
=	74.70

Delta Electronics'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
=	( (53534.406	+	48523.789)	/	2 )	/	64349.444	*	365 / 4
=	51029.0975					/	64349.444	*	365 / 4
=	72.36

Delta Electronics Days Payable Related Terms

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Delta Electronics (TPE:2308) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Delta Electronics Inc (TPE:2308) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 186, Ruey Kuang Road, Neihu District, Taipei, TWN, 11491

Website

https://www.deltaww.com

Founded in 1971, Delta Electronics, or Delta, is the largest industrial power system supplier globally. It positions itself as a solutions provider in telecom power, renewable energy, surveillance systems, new energy vehicles power systems, smart building, industrial automation, and data centers. Delta also trades under Innergie, Loytec, Delta Controls and Amerlux. The company's headquarters are in Taipei, Taiwan, and employs over 11,000 people in 30 countries. A group of Delta's subsidiaries consolidated under Delta Electronics (Thailand) Public Company Limited, or DET, is listed on the Stock Exchange of Thailand. DET is 63.1% owned by Delta. The company owns 56.75% of surveillance system provider Vivotek (3454 TW).

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