Cgs International (ROCO:5310) Days Payable : 25.81 (As of Mar. 2024)

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What is Cgs International Days Payable?

Cgs International's average Accounts Payable for the three months ended in Mar. 2024 was NT$0.11 Mil. Cgs International's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$0.40 Mil. Hence, Cgs International's Days Payable for the three months ended in Mar. 2024 was 25.81.

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

ROCO:5310' s Days Payable Range Over the Past 10 Years
Min: 2.17 Med: 66.18 Max: 105.8
Current: 2.17

During the past 13 years, Cgs International's highest Days Payable was 105.80. The lowest was 2.17. And the median was 66.18.

ROCO:5310's Days Payable is ranked worse than
99.79% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs ROCO:5310: 2.17

Cgs International's Days Payable increased from Mar. 2023 (12.35) to Mar. 2024 (25.81). It may suggest that Cgs International delayed paying its suppliers.

Cgs International Days Payable Historical Data

The historical data trend for Cgs International'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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Cgs International Days Payable Chart

Cgs International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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66.35

67.44

12.75

8.75

2.38

Cgs International 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															12.35	1.24	1.74	1.74	25.81

Competitive Comparison of Cgs International's Days Payable

For the Computer Hardware subindustry, Cgs International'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.

Cgs International's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Cgs International's Days Payable falls into.

Cgs International 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.

Cgs International'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
=	( (0.153	+	0.114)	/	2 )	/	20.504	*	365
=	0.1335					/	20.504	*	365
=	2.38

Cgs International'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
=	( (0.114	+	0.11)	/	2 )	/	0.396	*	365 / 4
=	0.112					/	0.396	*	365 / 4
=	25.81

Cgs International Days Payable Related Terms

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Cgs International (ROCO:5310) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cgs International Inc (ROCO:5310) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 81, Chengde Road, 8th Floor, Section 2, Datong District, Taipei, TWN

Website

https://www.cgs.com.tw

Cgs International Inc designs, manufactures, and markets computer connection cards as well as computer peripheral equipment. The company also provides system integration and maintenance services. It also sells and develops game software and offers consulting services.

Cgs International (ROCO:5310) Headlines

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