Finemat Applied Materials Co (TPE:6698) Days Payable : 67.81 (As of Mar. 2024)

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What is Finemat Applied Materials Co Days Payable?

Finemat Applied Materials Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$127 Mil. Finemat Applied Materials Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$171 Mil. Hence, Finemat Applied Materials Co's Days Payable for the three months ended in Mar. 2024 was 67.81.

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

TPE:6698' s Days Payable Range Over the Past 10 Years
Min: 24.06 Med: 43.41 Max: 63.63
Current: 53.6

During the past 9 years, Finemat Applied Materials Co's highest Days Payable was 63.63. The lowest was 24.06. And the median was 43.41.

TPE:6698's Days Payable is ranked worse than
64.3% of 2420 companies
in the Hardware industry
Industry Median: 67.93 vs TPE:6698: 53.60

Finemat Applied Materials Co's Days Payable increased from Mar. 2023 (56.54) to Mar. 2024 (67.81). It may suggest that Finemat Applied Materials Co delayed paying its suppliers.

Finemat Applied Materials Co Days Payable Historical Data

The historical data trend for Finemat Applied Materials 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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Finemat Applied Materials Co Days Payable Chart

Finemat Applied Materials Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

43.41

48.54

51.17

54.55

63.63

Finemat Applied Materials 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															56.54	54.39	52.20	48.07	67.81

Competitive Comparison of Finemat Applied Materials Co's Days Payable

For the Electronic Components subindustry, Finemat Applied Materials 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.

Finemat Applied Materials Co's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Finemat Applied Materials Co's Days Payable falls into.

Finemat Applied Materials 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.

Finemat Applied Materials 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
=	( (171.511	+	147.191)	/	2 )	/	914.043	*	365
=	159.351					/	914.043	*	365
=	63.63

Finemat Applied Materials 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
=	( (147.191	+	107.634)	/	2 )	/	171.464	*	365 / 4
=	127.4125					/	171.464	*	365 / 4
=	67.81

Finemat Applied Materials Co Days Payable Related Terms

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Finemat Applied Materials Co (TPE:6698) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Finemat Applied Materials Co Ltd (TPE:6698) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 36, Industrial 1 Road, Annan District, Tainan, Taiwan, TWN

Website

http://www.fine-mat.com

Finemat Applied Materials Co Ltd is engaged in research and development and production of capacitive touch panels. Products offered by the company include the display of special high-precision metal mask, the display of special high-precision metal mask network services, flexible OLED display metal mask production and web service, recycling and cleaning of OLED and semiconductor components, precision etching applications, and full-size precision frame.

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