Koge Micro Tech Co (ROCO:4568) Days Payable : 95.28 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Koge Micro Tech Co Days Payable?

Koge Micro Tech Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$176 Mil. Koge Micro Tech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$169 Mil. Hence, Koge Micro Tech Co's Days Payable for the three months ended in Mar. 2024 was 95.28.

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

ROCO:4568' s Days Payable Range Over the Past 10 Years
Min: 53.31 Med: 94.54 Max: 117.04
Current: 83.6

During the past 10 years, Koge Micro Tech Co's highest Days Payable was 117.04. The lowest was 53.31. And the median was 94.54.

ROCO:4568's Days Payable is ranked better than
54.46% of 2923 companies
in the Industrial Products industry
Industry Median: 76.67 vs ROCO:4568: 83.60

Koge Micro Tech Co's Days Payable increased from Mar. 2023 (84.78) to Mar. 2024 (95.28). It may suggest that Koge Micro Tech Co delayed paying its suppliers.

Koge Micro Tech Co Days Payable Historical Data

The historical data trend for Koge Micro Tech 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.

* Premium members only.

Koge Micro Tech Co Days Payable Chart

Koge Micro Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

92.76

101.79

106.28

86.03

78.19

Koge Micro Tech 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															84.78	68.98	78.60	104.18	95.28

Competitive Comparison of Koge Micro Tech Co's Days Payable

For the Specialty Industrial Machinery subindustry, Koge Micro Tech 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.

Koge Micro Tech Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Koge Micro Tech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Koge Micro Tech Co's Days Payable falls into.

Koge Micro Tech 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.

Koge Micro Tech 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
=	( (145.375	+	167.719)	/	2 )	/	730.811	*	365
=	156.547					/	730.811	*	365
=	78.19

Koge Micro Tech 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
=	( (167.719	+	184.623)	/	2 )	/	168.717	*	365 / 4
=	176.171					/	168.717	*	365 / 4
=	95.28

Koge Micro Tech Co Days Payable Related Terms

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

Koge Micro Tech Co (ROCO:4568) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Koge Micro Tech Co Ltd (ROCO:4568) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5th Floor, No.6, Jiankang Road, Zhonghe District, New Taipei City, TWN, 23586

Website

https://www.koge.com

Koge Micro Tech Co Ltd is a Taiwan-based company engaged in the business of manufacturing precision pumps and valves. It engages in designing and producing different types of precision pumps and valves including air pumps, vacuum pumps, water pumps, gear pumps, and electromagnetic pumps; one-way solenoid valves, two-way solenoid valves, three-way solenoid valves, combined-type solenoid valves, linear-type solenoid valve and solenoid valves. The group's products are used and sold in fuel cells, energy and environment, environmental monitoring, detection analysis, medical devices, automotive products, healthcare equipment, beauty care apparatus, and household appliance fields.

Koge Micro Tech Co (ROCO:4568) Headlines

No Headlines