Laster Tech Co (TPE:3346) Days Payable : 151.64 (As of Mar. 2024)

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What is Laster Tech Co Days Payable?

Laster Tech Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$2,553 Mil. Laster Tech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,536 Mil. Hence, Laster Tech Co's Days Payable for the three months ended in Mar. 2024 was 151.64.

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

TPE:3346' s Days Payable Range Over the Past 10 Years
Min: 69.66 Med: 98.45 Max: 150.25
Current: 150.25

During the past 12 years, Laster Tech Co's highest Days Payable was 150.25. The lowest was 69.66. And the median was 98.45.

TPE:3346's Days Payable is ranked better than
86.62% of 964 companies
in the Semiconductors industry
Industry Median: 51.69 vs TPE:3346: 150.25

Laster Tech Co's Days Payable increased from Dec. 2022 (94.62) to Mar. 2024 (151.64). It may suggest that Laster Tech Co delayed paying its suppliers.

Laster Tech Co Days Payable Historical Data

The historical data trend for Laster Tech 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.

* Premium members only.

Laster Tech Co Days Payable Chart

Laster Tech Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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91.73

103.64

131.55

119.50

114.11

Laster Tech Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															94.62	137.06	101.63	107.84	151.64

Competitive Comparison of Laster Tech Co's Days Payable

For the Semiconductors subindustry, Laster Tech 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.

Laster Tech Co's Days Payable Distribution in the Semiconductors Industry

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

* The bar in red indicates where Laster Tech Co's Days Payable falls into.

Laster Tech 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.

Laster Tech Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1617.518	+	1989.266)	/	2 )	/	5768.449	*	365
=	1803.392					/	5768.449	*	365
=	114.11

Laster Tech 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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (2860.378	+	2245.192)	/	2 )	/	1536.155	*	365 / 4
=	2552.785					/	1536.155	*	365 / 4
=	151.64

Laster Tech Co Days Payable Related Terms

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Laster Tech Co (TPE:3346) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Laster Tech Co Ltd (TPE:3346) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building F No.4 Minxiang Street, Zhonghe, Taipei, TWN, 23545

Website

https://www.lastertech.com

Laster Tech Co Ltd is a manufacturer of Led Lighting, Chip products, general lighting, and automotive lighting in Taiwan. Its products are widely used in various applications such as munitions, medical treatment, aviation, automobile, and others.

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