Gamania Digital Entertainment Co (ROCO:6180) Days Payable : 44.93 (As of Dec. 2023)

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What is Gamania Digital Entertainment Co Days Payable?

Gamania Digital Entertainment Co's average Accounts Payable for the three months ended in Dec. 2023 was NT$650 Mil. Gamania Digital Entertainment Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$1,319 Mil. Hence, Gamania Digital Entertainment Co's Days Payable for the three months ended in Dec. 2023 was 44.93.

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

ROCO:6180' s Days Payable Range Over the Past 10 Years
Min: 29.46 Med: 40.85 Max: 74.31
Current: 37.21

During the past 13 years, Gamania Digital Entertainment Co's highest Days Payable was 74.31. The lowest was 29.46. And the median was 40.85.

ROCO:6180's Days Payable is ranked worse than
63.3% of 436 companies
in the Interactive Media industry
Industry Median: 61.28 vs ROCO:6180: 37.21

Gamania Digital Entertainment Co's Days Payable declined from Dec. 2022 (54.29) to Dec. 2023 (44.93). It may suggest that Gamania Digital Entertainment Co accelerated paying its suppliers.

Gamania Digital Entertainment Co Days Payable Historical Data

The historical data trend for Gamania Digital Entertainment 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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Gamania Digital Entertainment Co Days Payable Chart

Gamania Digital Entertainment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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38.72

29.46

29.67

33.25

37.54

Gamania Digital Entertainment Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															54.29	32.98	39.25	33.50	44.93

Competitive Comparison of Gamania Digital Entertainment Co's Days Payable

For the Electronic Gaming & Multimedia subindustry, Gamania Digital Entertainment 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.

Gamania Digital Entertainment Co's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Gamania Digital Entertainment Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Gamania Digital Entertainment Co's Days Payable falls into.

Gamania Digital Entertainment 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.

Gamania Digital Entertainment 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
=	( (616.934	+	616.369)	/	2 )	/	5996.06	*	365
=	616.6515					/	5996.06	*	365
=	37.54

Gamania Digital Entertainment Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (682.886	+	616.369)	/	2 )	/	1319.35	*	365 / 4
=	649.6275					/	1319.35	*	365 / 4
=	44.93

Gamania Digital Entertainment Co Days Payable Related Terms

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Gamania Digital Entertainment Co (ROCO:6180) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Gamania Digital Entertainment Co Ltd (ROCO:6180) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.111, Ruihu Street, Neihu District, Taipei, TWN, 11494

Website

https://www.gamania.com

Gamania Digital Entertainment Co Ltd is engaged in developing software for online games, multi-platform digital content, animation, and all forms of digital entertainment. The company's digital entertainment platform beanfun offers a great variety of game genres. The majority of the revenue is generated from online and mobile games. The company operates in Taiwan, Asia, and other countries, out of which Taiwan accounts for the majority of the revenue.

Gamania Digital Entertainment Co (ROCO:6180) Headlines

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