Asustek Computer (TPE:2357) Days Payable

: 55.87 (As of Dec. 2023)

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Asustek Computer's average Accounts Payable for the three months ended in Dec. 2023 was NT$60,838 Mil. Asustek Computer's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$99,371 Mil. Hence, Asustek Computer's Days Payable for the three months ended in Dec. 2023 was 55.87.

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

TPE:2357' s Days Payable Range Over the Past 10 Years
Min: 48.23 Med: 64.91 Max: 76.08
Current: 53.47

During the past 13 years, Asustek Computer's highest Days Payable was 76.08. The lowest was 48.23. And the median was 64.91.

TPE:2357's Days Payable is ranked worse than
64.55% of 2420 companies
in the Hardware industry
Industry Median: 67.955 vs TPE:2357: 53.47

Asustek Computer's Days Payable increased from Dec. 2022 (46.03) to Dec. 2023 (55.87). It may suggest that Asustek Computer delayed paying its suppliers.

Asustek Computer Days Payable Historical Data

The historical data trend for Asustek Computer'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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Asustek Computer Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

76.08

61.54

64.94

57.98

48.23

Asustek Computer 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															46.03	50.70	58.31	54.33	55.87

Competitive Comparison

For the Computer Hardware subindustry, Asustek Computer'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.

Asustek Computer Days Payable Distribution

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

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

Asustek Computer 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.

Asustek Computer'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
=	( (51368.369	+	56967.248)	/	2 )	/	409920.293	*	365
=	54167.8085					/	409920.293	*	365
=	48.23

Asustek Computer'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
=	( (64707.819	+	56967.248)	/	2 )	/	99371.147	*	365 / 4
=	60837.5335					/	99371.147	*	365 / 4
=	55.87

Asustek Computer Days Payable Related Terms

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Asustek Computer (TPE:2357) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Asustek Computer Inc (TPE:2357) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.15, Li-Te Road, Peitou, Taipei, TWN

Website

https://www.asus.com/tw

Asustek Computer Inc is a computer hardware and electronics company producing and selling 3C products including PCs, mainboards other boards and cards, tablet PCs, smartphones, and other handheld devices, etc. The company operates in Taiwan, China, Singapore, Europe, the United States, and other countries.

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