Apogee Optocom Co (TPE:6426) Days Payable : 20.61 (As of Dec. 2023)

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What is Apogee Optocom Co Days Payable?

Apogee Optocom Co's average Accounts Payable for the three months ended in Dec. 2023 was NT$21.5 Mil. Apogee Optocom Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$95.3 Mil. Hence, Apogee Optocom Co's Days Payable for the three months ended in Dec. 2023 was 20.61.

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

TPE:6426' s Days Payable Range Over the Past 10 Years
Min: 13.1 Med: 19.36 Max: 29.1
Current: 17.58

During the past 13 years, Apogee Optocom Co's highest Days Payable was 29.10. The lowest was 13.10. And the median was 19.36.

TPE:6426's Days Payable is ranked worse than
96.08% of 2421 companies
in the Hardware industry
Industry Median: 67.93 vs TPE:6426: 17.58

Apogee Optocom Co's Days Payable declined from Dec. 2022 (21.58) to Dec. 2023 (20.61). It may suggest that Apogee Optocom Co accelerated paying its suppliers.

Apogee Optocom Co Days Payable Historical Data

The historical data trend for Apogee Optocom 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.

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Apogee Optocom Co Days Payable Chart

Apogee Optocom Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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19.31

20.29

18.84

13.10

18.36

Apogee Optocom Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															21.58	16.49	12.50	18.90	20.61

Competitive Comparison of Apogee Optocom Co's Days Payable

For the Communication Equipment subindustry, Apogee Optocom 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.

Apogee Optocom Co's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Apogee Optocom Co's Days Payable falls into.

Apogee Optocom 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.

Apogee Optocom Co'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
=	( (14.09	+	18.715)	/	2 )	/	326.077	*	365
=	16.4025					/	326.077	*	365
=	18.36

Apogee Optocom Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (24.323	+	18.715)	/	2 )	/	95.27	*	365 / 4
=	21.519					/	95.27	*	365 / 4
=	20.61

Apogee Optocom Co Days Payable Related Terms

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Apogee Optocom Co (TPE:6426) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Apogee Optocom Co Ltd (TPE:6426) » Definitions » Days Payable

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Traded in Other Exchanges

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Address

4th floor, No. 2, Nanke 3rd Road, Xinshi District, Tainan, TWN

Website

http://www.nexttech.com.tw

Apogee Optocom Co Ltd is a communication component manufacturer based in Taiwan. The products offered by the company include Optical filters (Active), Optical filters (Passive), Data Centers, OEM & ODM Coating Services, and Measurement Equipment. It has three reportable operating segments as follows: The parent company, subsidiary, and adjustment.

Apogee Optocom Co (TPE:6426) Headlines

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