Lingsen Precision Industries (TPE:2369) Days Payable : 17.33 (As of Mar. 2024)

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What is Lingsen Precision Industries Days Payable?

Lingsen Precision Industries's average Accounts Payable for the three months ended in Mar. 2024 was NT$251 Mil. Lingsen Precision Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,324 Mil. Hence, Lingsen Precision Industries's Days Payable for the three months ended in Mar. 2024 was 17.33.

The historical rank and industry rank for Lingsen Precision Industries's Days Payable or its related term are showing as below:

TPE:2369' s Days Payable Range Over the Past 10 Years
Min: 13.78 Med: 19.17 Max: 24.02
Current: 16.32

During the past 13 years, Lingsen Precision Industries's highest Days Payable was 24.02. The lowest was 13.78. And the median was 19.17.

TPE:2369's Days Payable is ranked worse than
93.58% of 965 companies
in the Semiconductors industry
Industry Median: 51.74 vs TPE:2369: 16.32

Lingsen Precision Industries's Days Payable increased from Mar. 2023 (15.63) to Mar. 2024 (17.33). It may suggest that Lingsen Precision Industries delayed paying its suppliers.

Lingsen Precision Industries Days Payable Historical Data

The historical data trend for Lingsen Precision Industries'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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Lingsen Precision Industries Days Payable Chart

Lingsen Precision Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

18.56

21.70

24.02

22.62

13.78

Lingsen Precision Industries 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															15.63	15.94	15.83	15.48	17.33

Competitive Comparison of Lingsen Precision Industries's Days Payable

For the Semiconductor Equipment & Materials subindustry, Lingsen Precision Industries'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.

Lingsen Precision Industries's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Lingsen Precision Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Lingsen Precision Industries's Days Payable falls into.

Lingsen Precision Industries 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.

Lingsen Precision Industries'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
=	( (188.917	+	222.247)	/	2 )	/	5443.612	*	365
=	205.582					/	5443.612	*	365
=	13.78

Lingsen Precision Industries'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
=	( (222.247	+	280.585)	/	2 )	/	1324.065	*	365 / 4
=	251.416					/	1324.065	*	365 / 4
=	17.33

Lingsen Precision Industries Days Payable Related Terms

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Lingsen Precision Industries (TPE:2369) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Lingsen Precision Industries Ltd (TPE:2369) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5-1, South 2nd Road, Tanzi District, Taichung, TWN, 427058

Website

https://www.lingsen.com.tw

Lingsen Precision Industries Ltd operates in the semiconductor industry. The company is engaged in the packaging, processing, testing and distribution of integrated circuits and various semiconductor components. The main business is IC packaging and testing as well as optoelectronic devices.

Lingsen Precision Industries (TPE:2369) Headlines

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