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UPC Technology (TPE:1313) Days Payable : 9.37 (As of Dec. 2023)


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What is UPC Technology Days Payable?

UPC Technology's average Accounts Payable for the three months ended in Dec. 2023 was NT$1,992 Mil. UPC Technology's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$19,391 Mil. Hence, UPC Technology's Days Payable for the three months ended in Dec. 2023 was 9.37.

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

TPE:1313' s Days Payable Range Over the Past 10 Years
Min: 8.38   Med: 13.51   Max: 19.44
Current: 9.34

During the past 13 years, UPC Technology's highest Days Payable was 19.44. The lowest was 8.38. And the median was 13.51.

TPE:1313's Days Payable is ranked worse than
97.01% of 1504 companies
in the Chemicals industry
Industry Median: 61 vs TPE:1313: 9.34

UPC Technology's Days Payable increased from Dec. 2022 (8.05) to Dec. 2023 (9.37). It may suggest that UPC Technology delayed paying its suppliers.


UPC Technology Days Payable Historical Data

The historical data trend for UPC Technology'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.

UPC Technology Days Payable Chart

UPC Technology 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 11.44 13.59 8.73 9.49 8.38

UPC Technology 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 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 8.05 9.00 9.20 10.64 9.37

Competitive Comparison of UPC Technology's Days Payable

For the Chemicals subindustry, UPC Technology'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.


UPC Technology's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, UPC Technology's Days Payable distribution charts can be found below:

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



UPC Technology 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.

UPC Technology'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
=( (1597.899 + 1660.151) / 2 ) / 70988.639*365
=1629.025 / 70988.639*365
=8.38

UPC Technology'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
=( (2323.096 + 1660.151) / 2 ) / 19390.908*365 / 4
=1991.6235 / 19390.908*365 / 4
=9.37

* 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.


UPC Technology Days Payable Related Terms

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UPC Technology (TPE:1313) Business Description

Traded in Other Exchanges
N/A
Address
No. 209 NanGang Road, 9 Floor Building A, Section 1, Nangang District, Taipei, TWN, 115018
UPC Technology Corp is a Taiwan based company. The company manufactures and sells petrochemical products such as phthalic anhydride and plasticizer.

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