Elan Microelectronics (TPE:2458) Days Payable : 70.69 (As of Mar. 2024)

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What is Elan Microelectronics Days Payable?

Elan Microelectronics's average Accounts Payable for the three months ended in Mar. 2024 was NT$1,252 Mil. Elan Microelectronics's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,617 Mil. Hence, Elan Microelectronics's Days Payable for the three months ended in Mar. 2024 was 70.69.

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

TPE:2458' s Days Payable Range Over the Past 10 Years
Min: 52.36 Med: 71.22 Max: 79.06
Current: 60.05

During the past 13 years, Elan Microelectronics's highest Days Payable was 79.06. The lowest was 52.36. And the median was 71.22.

TPE:2458's Days Payable is ranked better than
58.51% of 964 companies
in the Semiconductors industry
Industry Median: 51.69 vs TPE:2458: 60.05

Elan Microelectronics's Days Payable increased from Mar. 2023 (49.01) to Mar. 2024 (70.69). It may suggest that Elan Microelectronics delayed paying its suppliers.

Elan Microelectronics Days Payable Historical Data

The historical data trend for Elan Microelectronics'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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Elan Microelectronics Days Payable Chart

Elan Microelectronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

77.15

67.90

69.93

62.85

52.36

Elan Microelectronics 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															49.01	48.76	56.54	68.23	70.69

Competitive Comparison of Elan Microelectronics's Days Payable

For the Semiconductors subindustry, Elan Microelectronics'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.

Elan Microelectronics's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Elan Microelectronics's Days Payable distribution charts can be found below:

* The bar in red indicates where Elan Microelectronics's Days Payable falls into.

Elan Microelectronics 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.

Elan Microelectronics'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
=	( (719	+	1182.681)	/	2 )	/	6627.903	*	365
=	950.8405					/	6627.903	*	365
=	52.36

Elan Microelectronics'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
=	( (1182.681	+	1322.074)	/	2 )	/	1616.532	*	365 / 4
=	1252.3775					/	1616.532	*	365 / 4
=	70.69

Elan Microelectronics Days Payable Related Terms

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Elan Microelectronics (TPE:2458) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Elan Microelectronics Corp (TPE:2458) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 12, Innovation 1st Road, Hsinchu Science Park, Hsinchu, TWN, 30076

Website

https://www.emc.com.tw

Elan Microelectronics Corp manufactures and sells neural network and fuzzy processors, digital signal processors, 8-bit RISC micro-controllers, and integrated circuits for special use. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in America; Europe; Mainland China, and other countries. The Laptop input devices account for to majority of revenue.

Elan Microelectronics (TPE:2458) Headlines

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