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Visco Vision (TPE:6782) Days Payable : 33.54 (As of Mar. 2024)


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What is Visco Vision Days Payable?

Visco Vision's average Accounts Payable for the three months ended in Mar. 2024 was NT$170 Mil. Visco Vision's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$462 Mil. Hence, Visco Vision's Days Payable for the three months ended in Mar. 2024 was 33.54.

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

TPE:6782' s Days Payable Range Over the Past 10 Years
Min: 8.67   Med: 42.71   Max: 50.92
Current: 37.43

During the past 7 years, Visco Vision's highest Days Payable was 50.92. The lowest was 8.67. And the median was 42.71.

TPE:6782's Days Payable is ranked worse than
78.88% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 73.005 vs TPE:6782: 37.43

Visco Vision's Days Payable declined from Mar. 2023 (43.26) to Mar. 2024 (33.54). It may suggest that Visco Vision accelerated paying its suppliers.


Visco Vision Days Payable Historical Data

The historical data trend for Visco Vision'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.

Visco Vision Days Payable Chart

Visco Vision Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 32.58 48.99 50.92 43.32 42.71

Visco Vision Quarterly Data
Dec17 Dec18 Jun19 Dec19 Jun20 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 43.26 45.76 38.34 34.73 33.54

Competitive Comparison of Visco Vision's Days Payable

For the Medical Instruments & Supplies subindustry, Visco Vision'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.


Visco Vision's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Visco Vision's Days Payable distribution charts can be found below:

* The bar in red indicates where Visco Vision's Days Payable falls into.



Visco Vision 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.

Visco Vision'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
=( (188.233 + 172.295) / 2 ) / 1540.519*365
=180.264 / 1540.519*365
=42.71

Visco Vision'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
=( (172.295 + 167.237) / 2 ) / 461.911*365 / 4
=169.766 / 461.911*365 / 4
=33.54

* 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.


Visco Vision Days Payable Related Terms

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Visco Vision (TPE:6782) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Xingye Street, Guishan District, Taoyuan, TWN, 33341
Visco Vision Inc is a manufacturer and seller of disposable contact lenses. The company manufactures Spherical Lenses, Multifocal lenses, Toric lenses, and Cosmetic lenses. The company earns maximum revenue from Asia followed by Europe and America.

Visco Vision (TPE:6782) Headlines

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