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Aiptek International (TPE:6225) Days Payable : 20.81 (As of Mar. 2024)


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What is Aiptek International Days Payable?

Aiptek International's average Accounts Payable for the three months ended in Mar. 2024 was NT$2.53 Mil. Aiptek International's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$11.08 Mil. Hence, Aiptek International's Days Payable for the three months ended in Mar. 2024 was 20.81.

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

TPE:6225' s Days Payable Range Over the Past 10 Years
Min: 14.36   Med: 126.1   Max: 199.85
Current: 22.78

During the past 13 years, Aiptek International's highest Days Payable was 199.85. The lowest was 14.36. And the median was 126.10.

TPE:6225's Days Payable is ranked worse than
93.43% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs TPE:6225: 22.78

Aiptek International's Days Payable declined from Mar. 2023 (60.66) to Mar. 2024 (20.81). It may suggest that Aiptek International accelerated paying its suppliers.


Aiptek International Days Payable Historical Data

The historical data trend for Aiptek International'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.

Aiptek International Days Payable Chart

Aiptek International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 148.21 - 59.93 42.76 14.36

Aiptek International 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 60.66 33.02 23.09 10.05 20.81

Competitive Comparison of Aiptek International's Days Payable

For the Consumer Electronics subindustry, Aiptek International'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.


Aiptek International's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Aiptek International's Days Payable falls into.



Aiptek International 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.

Aiptek International'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
=( (2.343 + 1.093) / 2 ) / 43.679*365
=1.718 / 43.679*365
=14.36

Aiptek International'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
=( (1.093 + 3.962) / 2 ) / 11.082*365 / 4
=2.5275 / 11.082*365 / 4
=20.81

* 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.


Aiptek International Days Payable Related Terms

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Aiptek International (TPE:6225) Business Description

Traded in Other Exchanges
N/A
Address
5F, No.2 Li-Hsin 6th Rd, Hsinchu Science Park, Hsinchu, TWN, 30078
Aiptek International Inc is mainly engaged in the manufacture of digital cameras. The Company and its subsidiaries are mainly engaged in the business of digital cameras, car recorders, and micro projectors. The company's product portfolio includes 3D products, projectors, car recorders, DVs, e-book, digital picture frames and tablets.

Aiptek International (TPE:6225) Headlines

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