Gish International Co (ROCO:8067) Days Payable : 8.39 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Gish International Co Days Payable?

Gish International Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$1.16 Mil. Gish International Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$12.61 Mil. Hence, Gish International Co's Days Payable for the three months ended in Mar. 2024 was 8.39.

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

ROCO:8067' s Days Payable Range Over the Past 10 Years
Min: 7.44 Med: 61.58 Max: 104.9
Current: 7.44

During the past 13 years, Gish International Co's highest Days Payable was 104.90. The lowest was 7.44. And the median was 61.58.

ROCO:8067's Days Payable is ranked worse than
99.09% of 2422 companies
in the Hardware industry
Industry Median: 67.735 vs ROCO:8067: 7.44

Gish International Co's Days Payable increased from Dec. 2022 (4.98) to Mar. 2024 (8.39). It may suggest that Gish International Co delayed paying its suppliers.

Gish International Co Days Payable Historical Data

The historical data trend for Gish International 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.

Gish International Co Days Payable Chart

Gish International Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

72.90

22.56

13.84

8.45

11.26

Gish International Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															4.98	2.63	3.18	4.51	8.39

Competitive Comparison of Gish International Co's Days Payable

For the Electronics & Computer Distribution subindustry, Gish International 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.

Gish International Co's Days Payable Distribution in the Hardware Industry

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

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

Gish International 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.

Gish International Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (5.459	+	0.238)	/	2 )	/	92.344	*	365
=	2.8485					/	92.344	*	365
=	11.26

Gish International 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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.844	+	1.476)	/	2 )	/	12.614	*	365 / 4
=	1.16					/	12.614	*	365 / 4
=	8.39

Gish International Co Days Payable Related Terms

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

Gish International Co (ROCO:8067) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Gish International Co Ltd (ROCO:8067) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xinbei Boulevard, Sanchong District, 14th Floor. No. 260, Section 2, New Taipei, TWN

Website

http://www.gish.com.tw

Gish International Co Ltd distributes optical storage and multi-media products. The Company's products include CD-RW (Compact Disc Rewritable), DVD-RW (Digital Video Disc Rewritable) and disks, as well as MP3 players. It has distribution network throughout Southeast Asia, concentrated in Taiwan and Japan.

Gish International Co (ROCO:8067) Headlines

No Headlines