BioLASCO Taiwan Co (ROCO:6662) Days Payable : 18.87 (As of Mar. 2024)

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What is BioLASCO Taiwan Co Days Payable?

BioLASCO Taiwan Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$6.3 Mil. BioLASCO Taiwan Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$30.4 Mil. Hence, BioLASCO Taiwan Co's Days Payable for the three months ended in Mar. 2024 was 18.87.

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

ROCO:6662' s Days Payable Range Over the Past 10 Years
Min: 13.25 Med: 15.45 Max: 23.41
Current: 14.32

During the past 10 years, BioLASCO Taiwan Co's highest Days Payable was 23.41. The lowest was 13.25. And the median was 15.45.

ROCO:6662's Days Payable is ranked worse than
93.61% of 720 companies
in the Biotechnology industry
Industry Median: 147.17 vs ROCO:6662: 14.32

BioLASCO Taiwan Co's Days Payable declined from Mar. 2023 (23.69) to Mar. 2024 (18.87). It may suggest that BioLASCO Taiwan Co accelerated paying its suppliers.

BioLASCO Taiwan Co Days Payable Historical Data

The historical data trend for BioLASCO Taiwan 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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BioLASCO Taiwan Co Days Payable Chart

BioLASCO Taiwan Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

13.25

17.19

15.04

19.59

15.85

BioLASCO Taiwan 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															23.69	9.87	14.11	11.83	18.87

Competitive Comparison of BioLASCO Taiwan Co's Days Payable

For the Biotechnology subindustry, BioLASCO Taiwan 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.

BioLASCO Taiwan Co's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, BioLASCO Taiwan Co's Days Payable distribution charts can be found below:

* The bar in red indicates where BioLASCO Taiwan Co's Days Payable falls into.

BioLASCO Taiwan 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.

BioLASCO Taiwan 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
=	( (8.438	+	5.491)	/	2 )	/	160.372	*	365
=	6.9645					/	160.372	*	365
=	15.85

BioLASCO Taiwan 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
=	( (5.491	+	7.091)	/	2 )	/	30.416	*	365 / 4
=	6.291					/	30.416	*	365 / 4
=	18.87

BioLASCO Taiwan Co Days Payable Related Terms

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BioLASCO Taiwan Co (ROCO:6662) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » BioLASCO Taiwan Co Ltd (ROCO:6662) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3rd Floor, 316 Chong-yang Road, Taipei, TWN, 115

Website

http://www.biolasco.com.tw

BioLASCO Taiwan Co Ltd is a biological experimental development company. The company has produced strains of laboratory rats and mice, including outbreed stocks, inbreed strains, and immunedeficient models. It offers reagent kit and equipment which include Allentown, Biomedical data system, PLAS LABS.

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