GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Darfon Electronics Corp (TPE:8163) » Definitions » Days Payable

Darfon Electronics (TPE:8163) Days Payable : 84.24 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Darfon Electronics Days Payable?

Darfon Electronics's average Accounts Payable for the three months ended in Mar. 2024 was NT$3,816 Mil. Darfon Electronics's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$4,134 Mil. Hence, Darfon Electronics's Days Payable for the three months ended in Mar. 2024 was 84.24.

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

TPE:8163' s Days Payable Range Over the Past 10 Years
Min: 70.4   Med: 92.6   Max: 96.61
Current: 72.55

During the past 13 years, Darfon Electronics's highest Days Payable was 96.61. The lowest was 70.40. And the median was 92.60.

TPE:8163's Days Payable is ranked better than
53.75% of 2424 companies
in the Hardware industry
Industry Median: 68.11 vs TPE:8163: 72.55

Darfon Electronics's Days Payable increased from Mar. 2023 (75.62) to Mar. 2024 (84.24). It may suggest that Darfon Electronics delayed paying its suppliers.


Darfon Electronics Days Payable Historical Data

The historical data trend for Darfon Electronics'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.

Darfon Electronics Days Payable Chart

Darfon Electronics 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 95.62 90.78 93.72 80.70 70.40

Darfon Electronics 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 75.62 65.93 69.86 78.20 84.24

Competitive Comparison of Darfon Electronics's Days Payable

For the Electronic Components subindustry, Darfon Electronics'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.


Darfon Electronics's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Darfon Electronics's Days Payable falls into.



Darfon Electronics 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.

Darfon Electronics'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
=( (4160.462 + 4014.091) / 2 ) / 21190.731*365
=4087.2765 / 21190.731*365
=70.40

Darfon Electronics'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
=( (4014.091 + 3618.148) / 2 ) / 4133.753*365 / 4
=3816.1195 / 4133.753*365 / 4
=84.24

* 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.


Darfon Electronics Days Payable Related Terms

Thank you for viewing the detailed overview of Darfon Electronics's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Darfon Electronics (TPE:8163) Business Description

Traded in Other Exchanges
N/A
Address
167-1 Shan-ying Road, Gueishan, Taoyuan, TWN, 333
Darfon Electronics Corp is engaged in the research, development, design, manufacture, and sale of computer peripheral devices and electronic components. Its product lines include peripheral electronic products, green energy products, and passive components. Its operations are spread across Taiwan, Mainland China, the United States of America, and Others.

Darfon Electronics (TPE:8163) Headlines

No Headlines