Compal Electronics (TPE:2324) Days Payable : 69.05 (As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is Compal Electronics Days Payable?

Compal Electronics's average Accounts Payable for the three months ended in Dec. 2023 was NT$174,385 Mil. Compal Electronics's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$230,449 Mil. Hence, Compal Electronics's Days Payable for the three months ended in Dec. 2023 was 69.05.

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

TPE:2324' s Days Payable Range Over the Past 10 Years
Min: 57.6 Med: 64.47 Max: 71.21
Current: 67.76

During the past 13 years, Compal Electronics's highest Days Payable was 71.21. The lowest was 57.60. And the median was 64.47.

TPE:2324's Days Payable is ranked worse than
50.23% of 2421 companies
in the Hardware industry
Industry Median: 67.93 vs TPE:2324: 67.76

Compal Electronics's Days Payable declined from Dec. 2022 (70.81) to Dec. 2023 (69.05). It may suggest that Compal Electronics accelerated paying its suppliers.

Compal Electronics Days Payable Historical Data

The historical data trend for Compal 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.

* Premium members only.

Compal Electronics Days Payable Chart

Compal Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

57.60

61.98

64.77

68.19

64.75

Compal Electronics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															70.81	72.92	64.31	68.40	69.05

Competitive Comparison of Compal Electronics's Days Payable

For the Computer Hardware subindustry, Compal 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.

Compal Electronics's Days Payable Distribution in the Hardware Industry

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

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

Compal 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.

Compal 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
=	( (161838.098	+	158995.984)	/	2 )	/	904317.906	*	365
=	160417.041					/	904317.906	*	365
=	64.75

Compal Electronics'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (189774.102	+	158995.984)	/	2 )	/	230448.531	*	365 / 4
=	174385.043					/	230448.531	*	365 / 4
=	69.05

Compal Electronics Days Payable Related Terms

Thank you for viewing the detailed overview of Compal Electronics's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Compal Electronics (TPE:2324) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Compal Electronics Inc (TPE:2324) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 581 and No. 581-1, Ruiguang Road, Neihu District, Taipei, TWN, 11492

Website

https://www.compal.com

Compal Electronics Inc is a Taiwan-based original design manufacturer that produces notebook computers, monitors, and televisions for equipment manufacturers. The firm's operations are organized in two reportable segment Information technology products and strategy integrate product segment. The majority of the firm's revenue is generated from the United States, with the rest coming from China, Netherlands, United Kingdom, and Others.

Compal Electronics (TPE:2324) Headlines

No Headlines