Symtek Automation Asia Co (TPE:6438) Days Payable : 96.97 (As of Mar. 2024)

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What is Symtek Automation Asia Co Days Payable?

Symtek Automation Asia Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$936 Mil. Symtek Automation Asia Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$881 Mil. Hence, Symtek Automation Asia Co's Days Payable for the three months ended in Mar. 2024 was 96.97.

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

TPE:6438' s Days Payable Range Over the Past 10 Years
Min: 100.79 Med: 118.85 Max: 146.08
Current: 105.12

During the past 13 years, Symtek Automation Asia Co's highest Days Payable was 146.08. The lowest was 100.79. And the median was 118.85.

TPE:6438's Days Payable is ranked better than
64.83% of 2937 companies
in the Industrial Products industry
Industry Median: 76.66 vs TPE:6438: 105.12

Symtek Automation Asia Co's Days Payable declined from Mar. 2023 (121.82) to Mar. 2024 (96.97). It may suggest that Symtek Automation Asia Co accelerated paying its suppliers.

Symtek Automation Asia Co Days Payable Historical Data

The historical data trend for Symtek Automation Asia 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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Symtek Automation Asia Co Days Payable Chart

Symtek Automation Asia Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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100.79

114.82

122.77

124.88

106.02

Symtek Automation Asia Co 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															121.82	107.23	132.68	78.68	96.97

Competitive Comparison of Symtek Automation Asia Co's Days Payable

For the Specialty Industrial Machinery subindustry, Symtek Automation Asia 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.

Symtek Automation Asia Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Symtek Automation Asia Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Symtek Automation Asia Co's Days Payable falls into.

Symtek Automation Asia 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.

Symtek Automation Asia 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
=	( (1575.594	+	835.314)	/	2 )	/	4150.145	*	365
=	1205.454					/	4150.145	*	365
=	106.02

Symtek Automation Asia 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
=	( (835.314	+	1037.213)	/	2 )	/	881.046	*	365 / 4
=	936.2635					/	881.046	*	365 / 4
=	96.97

Symtek Automation Asia Co Days Payable Related Terms

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Symtek Automation Asia Co (TPE:6438) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Symtek Automation Asia Co Ltd (TPE:6438) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 421, Rongmin Road, Zhongli District, Taoyuan City, TWN, 320

Website

https://www.saa-symtek.com

Symtek Automation Asia Co Ltd is engaged in providing automation solutions, mainly in industrial automation planning, design, development, production installation, and after-sales service. The company's product portfolio includes printed circuit boards, flexible boards, photonics, semiconductor, and logistical products. The company has two operating segments; Symtek Taiwan segment which includes Symtek Automation Asia Co Ltd, and Symtek China segment which includes Symtek China, SAL and Symtek Jiangsu. The company derives a majority of its revenue from the Symtek Taiwan segment.

Symtek Automation Asia Co (TPE:6438) Headlines

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