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Cameo Communications (TPE:6142) Days Payable : 67.99 (As of Mar. 2024)


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What is Cameo Communications Days Payable?

Cameo Communications's average Accounts Payable for the three months ended in Mar. 2024 was NT$189 Mil. Cameo Communications's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$253 Mil. Hence, Cameo Communications's Days Payable for the three months ended in Mar. 2024 was 67.99.

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

TPE:6142' s Days Payable Range Over the Past 10 Years
Min: 84.81   Med: 98.4   Max: 114.84
Current: 94.75

During the past 13 years, Cameo Communications's highest Days Payable was 114.84. The lowest was 84.81. And the median was 98.40.

TPE:6142's Days Payable is ranked better than
68.28% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs TPE:6142: 94.75

Cameo Communications's Days Payable declined from Mar. 2023 (99.86) to Mar. 2024 (67.99). It may suggest that Cameo Communications accelerated paying its suppliers.


Cameo Communications Days Payable Historical Data

The historical data trend for Cameo Communications'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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Cameo Communications Days Payable Chart

Cameo Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.17 84.81 92.12 94.90 98.91

Cameo Communications 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 99.86 97.14 87.78 69.89 67.99

Competitive Comparison of Cameo Communications's Days Payable

For the Communication Equipment subindustry, Cameo Communications'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.


Cameo Communications's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Cameo Communications's Days Payable falls into.



Cameo Communications 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.

Cameo Communications'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
=( (1085.405 + 197.111) / 2 ) / 2366.447*365
=641.258 / 2366.447*365
=98.91

Cameo Communications'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
=( (197.111 + 180.308) / 2 ) / 253.251*365 / 4
=188.7095 / 253.251*365 / 4
=67.99

* 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.


Cameo Communications Days Payable Related Terms

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Cameo Communications (TPE:6142) Business Description

Traded in Other Exchanges
N/A
Address
Ruihu Street, Neihu District, 5th Floor, No.158, Taipei City, TWN, 114
Cameo Communications Inc is engaged in manufacturing and sale of networking system equipment and the components thereof, and research and development of pertinent technology. The company is a Networking products supplier specializing in Layer 2 Management Ethernet Switch, Wireless Client Adapter, Wireless LAN AP/Router, SOHO Router, Ethernet Switches, Media Converter, USB to Ethernet Converter, etc. Geographic presence of the company is in Asia, Europe, United States and Other countries.

Cameo Communications (TPE:6142) Headlines

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