United Microelectronics (United Microelectronics) Days Payable

: 19.27 (As of Dec. 2023)

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United Microelectronics's average Accounts Payable for the three months ended in Dec. 2023 was $251 Mil. United Microelectronics's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,189 Mil. Hence, United Microelectronics's Days Payable for the three months ended in Dec. 2023 was 19.27.

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

UMC' s Days Payable Range Over the Past 10 Years
Min: 18.96 Med: 20.76 Max: 22.92
Current: 21.64

During the past 13 years, United Microelectronics's highest Days Payable was 22.92. The lowest was 18.96. And the median was 20.76.

UMC's Days Payable is ranked worse than
86.77% of 960 companies
in the Semiconductors industry
Industry Median: 51.635 vs UMC: 21.64

United Microelectronics's Days Payable declined from Dec. 2022 (21.17) to Dec. 2023 (19.27). It may suggest that United Microelectronics accelerated paying its suppliers.

United Microelectronics Days Payable Historical Data

The historical data trend for United Microelectronics'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.

United Microelectronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

22.38

21.37

20.84

21.74

21.03

United Microelectronics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																21.17	23.69	22.96	21.87	19.27

Competitive Comparison

For the Semiconductors subindustry, United Microelectronics'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.

United Microelectronics Days Payable Distribution

For the Semiconductors industry and Technology sector, United Microelectronics's Days Payable distribution charts can be found below:

* The bar in red indicates where United Microelectronics's Days Payable falls into.

United Microelectronics 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.

United Microelectronics'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
=	( (293.041	+	240.826)	/	2 )	/	4633.031	*	365
=	266.9335					/	4633.031	*	365
=	21.03

United Microelectronics'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
=	( (261.229	+	240.826)	/	2 )	/	1188.806	*	365 / 4
=	251.0275					/	1188.806	*	365 / 4
=	19.27

United Microelectronics Days Payable Related Terms

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United Microelectronics (United Microelectronics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » United Microelectronics Corp (NYSE:UMC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

2303:Taiwan UMC:Mexico UMCB:Germany

Address

No. 3, Li-Hsin 2nd Road, Hsinchu Science Park, Hsinchu, TWN

Website

https://www.umc.com

Founded in 1980, United Microelectronics is the world's third-largest dedicated chip foundry, with 7% market share in 2022 after TSMC and GlobalFoundries. UMC's headquarters are in Hsinchu, Taiwan, and it operates 12 fabs in Taiwan, Mainland China, Japan and Singapore, with additional sales offices in Europe, the U.S. and South Korea. UMC features a diverse customer base including Texas Instruments, MediaTek, Qualcomm, Broadcom, Xilinx and Realtek, supplying a wide range of products applied in communications, display, memory, automotive and more. UMC employs about 20,000 people.