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Yeedex Electronic (ROCO:7556) Days Payable : 91.53 (As of Mar. 2024)


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What is Yeedex Electronic Days Payable?

Yeedex Electronic's average Accounts Payable for the three months ended in Mar. 2024 was NT$84.9 Mil. Yeedex Electronic's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$84.7 Mil. Hence, Yeedex Electronic's Days Payable for the three months ended in Mar. 2024 was 91.53.

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

ROCO:7556' s Days Payable Range Over the Past 10 Years
Min: 94.82   Med: 137.51   Max: 200.84
Current: 98.69

During the past 8 years, Yeedex Electronic's highest Days Payable was 200.84. The lowest was 94.82. And the median was 137.51.

ROCO:7556's Days Payable is ranked better than
70.08% of 2423 companies
in the Hardware industry
Industry Median: 67.77 vs ROCO:7556: 98.69

Yeedex Electronic's Days Payable declined from Mar. 2023 (108.21) to Mar. 2024 (91.53). It may suggest that Yeedex Electronic accelerated paying its suppliers.


Yeedex Electronic Days Payable Historical Data

The historical data trend for Yeedex Electronic'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.

Yeedex Electronic Days Payable Chart

Yeedex Electronic Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 147.78 127.23 115.81 106.15 94.82

Yeedex Electronic 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 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 108.21 112.31 96.13 84.83 91.53

Competitive Comparison of Yeedex Electronic's Days Payable

For the Electronic Components subindustry, Yeedex Electronic'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.


Yeedex Electronic's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Yeedex Electronic's Days Payable falls into.



Yeedex Electronic 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.

Yeedex Electronic'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
=( (89.074 + 76.025) / 2 ) / 317.781*365
=82.5495 / 317.781*365
=94.82

Yeedex Electronic'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
=( (76.025 + 93.823) / 2 ) / 84.664*365 / 4
=84.924 / 84.664*365 / 4
=91.53

* 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.


Yeedex Electronic Days Payable Related Terms

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Yeedex Electronic (ROCO:7556) Business Description

Traded in Other Exchanges
N/A
Address
Min Sheng E. Road, 4th Floor, Number 170, Sec.2, Taipei, TWN
Yeedex Electronic Corp is engaged in providing materials, parts, and equipment for the industries of semiconductor, flat display panel, passive electronic component, LED, solar cell, automobile, medical and special material application. Its products include Fine Ceramic Parts, Perfluoroelastomer Seals, Plasma Coating and Quartz parts among others.

Yeedex Electronic (ROCO:7556) Headlines

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