Brightek Optoelectronic Co (TPE:5244) Days Payable : 134.16 (As of Mar. 2024)

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What is Brightek Optoelectronic Co Days Payable?

Brightek Optoelectronic Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$140.8 Mil. Brightek Optoelectronic Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$95.7 Mil. Hence, Brightek Optoelectronic Co's Days Payable for the three months ended in Mar. 2024 was 134.16.

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

TPE:5244' s Days Payable Range Over the Past 10 Years
Min: 70.29 Med: 77.08 Max: 106.67
Current: 95.52

During the past 13 years, Brightek Optoelectronic Co's highest Days Payable was 106.67. The lowest was 70.29. And the median was 77.08.

TPE:5244's Days Payable is ranked better than
68.71% of 2419 companies
in the Hardware industry
Industry Median: 67.95 vs TPE:5244: 95.52

Brightek Optoelectronic Co's Days Payable increased from Mar. 2023 (105.45) to Mar. 2024 (134.16). It may suggest that Brightek Optoelectronic Co delayed paying its suppliers.

Brightek Optoelectronic Co Days Payable Historical Data

The historical data trend for Brightek Optoelectronic 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.

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Brightek Optoelectronic Co Days Payable Chart

Brightek Optoelectronic Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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73.19

82.80

71.93

94.95

106.67

Brightek Optoelectronic Co Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															105.45	81.21	84.61	90.59	134.16

Competitive Comparison of Brightek Optoelectronic Co's Days Payable

For the Electronic Components subindustry, Brightek Optoelectronic 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.

Brightek Optoelectronic Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Brightek Optoelectronic Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Brightek Optoelectronic Co's Days Payable falls into.

Brightek Optoelectronic 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.

Brightek Optoelectronic Co'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
=	( (135.667	+	140.219)	/	2 )	/	472.015	*	365
=	137.943					/	472.015	*	365
=	106.67

Brightek Optoelectronic 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: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (140.219	+	141.321)	/	2 )	/	95.744	*	365 / 4
=	140.77					/	95.744	*	365 / 4
=	134.16

Brightek Optoelectronic Co Days Payable Related Terms

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Brightek Optoelectronic Co (TPE:5244) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Brightek Optoelectronic Co Ltd (TPE:5244) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1492-1, Chunri Road, 7th Floor, Taoyuan District, Taoyuan City, TWN, 33051

Website

https://www.brightek.com

Brightek Optoelectronic Co Ltd is a Taiwan-based company that mainly engages in the manufacturing and trading of optoelectronic elements. Geographically company operates in Asia, America, Europe, and Others, where it derives the majority of its revenue from Asia.

Brightek Optoelectronic Co (TPE:5244) Headlines

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