Fic Global (TPE:3701) Days Payable : 67.27 (As of Mar. 2024)

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

What is Fic Global Days Payable?

Fic Global's average Accounts Payable for the three months ended in Mar. 2024 was NT$2,020 Mil. Fic Global's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$2,741 Mil. Hence, Fic Global's Days Payable for the three months ended in Mar. 2024 was 67.27.

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

TPE:3701' s Days Payable Range Over the Past 10 Years
Min: 58.63 Med: 72.74 Max: 89.47
Current: 66.57

During the past 13 years, Fic Global's highest Days Payable was 89.47. The lowest was 58.63. And the median was 72.74.

TPE:3701's Days Payable is ranked worse than
51.26% of 2421 companies
in the Hardware industry
Industry Median: 68.09 vs TPE:3701: 66.57

Fic Global's Days Payable declined from Mar. 2023 (68.11) to Mar. 2024 (67.27). It may suggest that Fic Global accelerated paying its suppliers.

Fic Global Days Payable Historical Data

The historical data trend for Fic Global'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.

Fic Global Days Payable Chart

Fic Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

58.63

65.34

78.25

67.51

61.87

Fic Global 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															68.11	66.13	67.27	69.53	67.27

Competitive Comparison of Fic Global's Days Payable

For the Computer Hardware subindustry, Fic Global'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.

Fic Global's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Fic Global's Days Payable falls into.

Fic Global 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.

Fic Global'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
=	( (1828.219	+	1978.095)	/	2 )	/	11227.876	*	365
=	1903.157					/	11227.876	*	365
=	61.87

Fic Global'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
=	( (1978.095	+	2062.855)	/	2 )	/	2740.701	*	365 / 4
=	2020.475					/	2740.701	*	365 / 4
=	67.27

Fic Global Days Payable Related Terms

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

Fic Global (TPE:3701) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fic Global Inc (TPE:3701) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-9f., No.300, Sunshine Street, Neihu district, Taipei, TWN

Website

https://www.ficg.com.tw

Fic Global Inc is an investment holding company. It focuses on three industries such as EMS, Information Technology, and System Integration. The company is engaged in the manufacturing of motherboards, graphics cards notebooks, peripherals as well as PCBs and PCB assemblies.

Fic Global (TPE:3701) Headlines

No Headlines