AdvanceTC (AdvanceTC) Days Payable

: 0.00 (As of Jun. 2022)

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AdvanceTC's average Accounts Payable for the six months ended in Jun. 2022 was $0.06 Mil. AdvanceTC's Cost of Goods Sold for the six months ended in Jun. 2022 was $0.00 Mil.

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

ATCLF's Days Payable is not ranked ^*
in the Hardware industry.
Industry Median: 68.085
* Ranked among companies with meaningful Days Payable only.

AdvanceTC's Days Payable stayed the same from Jun. 2021 (0.00) to Jun. 2022 (0.00).

AdvanceTC Days Payable Historical Data

The historical data trend for AdvanceTC'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.

AdvanceTC Annual Data

Trend

Dec20

Dec21

Days Payable

AdvanceTC Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22
Days Payable	-	-	-	-	-

Competitive Comparison

For the Communication Equipment subindustry, AdvanceTC'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.

AdvanceTC Days Payable Distribution

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

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

AdvanceTC 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.

AdvanceTC's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (0.062	+	0.059)	/	2 )	/	0	*	365
=	0.0605					/	0	*	365
=	N/A

AdvanceTC's Days Payable for the quarter that ended in Jun. 2022 is calculated as:

	Days Payable (Q: Jun. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
=	( (0.059	+	0.063)	/	2 )	/	0	*	365 / 2
=	0.061					/	0	*	365 / 2
=	N/A

AdvanceTC Days Payable Related Terms

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AdvanceTC (AdvanceTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AdvanceTC Ltd (OTCPK:ATCLF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

210 George Street, Level 8, Sydney, NSW, AUS, 2000

Website

https://www.advancetc.com

AdvanceTC Ltd is engaged in the design, development and commercialisation of high tech mobile wireless computing and telecommunication devices. It is the creator of the MAGIC brand of mobile computing devices and operates development facilities in Malaysia including its proprietary software and applications services.