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Partner Tech (ROCO:3097) Days Payable : 45.05 (As of Dec. 2023)


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What is Partner Tech Days Payable?

Partner Tech's average Accounts Payable for the six months ended in Dec. 2023 was NT$217 Mil. Partner Tech's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$878 Mil. Hence, Partner Tech's Days Payable for the six months ended in Dec. 2023 was 45.05.

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

ROCO:3097' s Days Payable Range Over the Past 10 Years
Min: 47.07   Med: 67.22   Max: 79.24
Current: 47.74

During the past 13 years, Partner Tech's highest Days Payable was 79.24. The lowest was 47.07. And the median was 67.22.

ROCO:3097's Days Payable is ranked worse than
70.51% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs ROCO:3097: 47.74

Partner Tech's Days Payable declined from Dec. 2022 (49.09) to Dec. 2023 (45.05). It may suggest that Partner Tech accelerated paying its suppliers.


Partner Tech Days Payable Historical Data

The historical data trend for Partner Tech'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.

Partner Tech Days Payable Chart

Partner Tech 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 47.07 72.55 57.10 59.29 48.43

Partner Tech Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 61.19 55.65 49.09 49.93 45.05

Competitive Comparison of Partner Tech's Days Payable

For the Computer Hardware subindustry, Partner Tech'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.


Partner Tech's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Partner Tech's Days Payable falls into.



Partner Tech 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.

Partner Tech'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
=( (227.779 + 219.354) / 2 ) / 1684.821*365
=223.5665 / 1684.821*365
=48.43

Partner Tech'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (213.928 + 219.354) / 2 ) / 877.539*365 / 2
=216.641 / 877.539*365 / 2
=45.05

* 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.


Partner Tech Days Payable Related Terms

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Partner Tech (ROCO:3097) Business Description

Traded in Other Exchanges
N/A
Address
10F, No 233-2, Pao Chiao Road, Shin Tien, Taipei, TWN
Partner Tech Corp is a manufacturer of PC-based, open architecture POS terminals and peripherals. Its product portfolio includes all-in-one POS terminals, all-in-one Mobile terminal, ordering terminal, Mobile Computer, thermal printers, and scanners.

Partner Tech (ROCO:3097) Headlines

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