Loop Telecommunication International (TPE:3025) Days Payable : 90.01 (As of Dec. 2023)

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What is Loop Telecommunication International Days Payable?

Loop Telecommunication International's average Accounts Payable for the three months ended in Dec. 2023 was NT$50.3 Mil. Loop Telecommunication International's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$51.0 Mil. Hence, Loop Telecommunication International's Days Payable for the three months ended in Dec. 2023 was 90.01.

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

TPE:3025' s Days Payable Range Over the Past 10 Years
Min: 58.51 Med: 69.1 Max: 97.39
Current: 88.02

During the past 13 years, Loop Telecommunication International's highest Days Payable was 97.39. The lowest was 58.51. And the median was 69.10.

TPE:3025's Days Payable is ranked better than
63.95% of 2419 companies
in the Hardware industry
Industry Median: 67.96 vs TPE:3025: 88.02

Loop Telecommunication International's Days Payable declined from Dec. 2022 (131.22) to Dec. 2023 (90.01). It may suggest that Loop Telecommunication International accelerated paying its suppliers.

Loop Telecommunication International Days Payable Historical Data

The historical data trend for Loop Telecommunication International'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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Loop Telecommunication International Days Payable Chart

Loop Telecommunication International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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68.87

63.61

72.39

69.32

58.51

Loop Telecommunication International 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															131.22	63.36	103.18	135.04	90.01

Competitive Comparison of Loop Telecommunication International's Days Payable

For the Communication Equipment subindustry, Loop Telecommunication International'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.

Loop Telecommunication International's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Loop Telecommunication International's Days Payable falls into.

Loop Telecommunication International 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.

Loop Telecommunication International'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
=	( (29.638	+	35.455)	/	2 )	/	203.043	*	365
=	32.5465					/	203.043	*	365
=	58.51

Loop Telecommunication International'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
=	( (65.136	+	35.455)	/	2 )	/	50.991	*	365 / 4
=	50.2955					/	50.991	*	365 / 4
=	90.01

Loop Telecommunication International Days Payable Related Terms

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Loop Telecommunication International (TPE:3025) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Loop Telecommunication International Inc (TPE:3025) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 F, NO.8, Hsin Ann Road, Science-Based Industrial Park, Hsinchu, TWN, 300092

Website

https://www.looptelecom.com

Loop Telecommunication International Inc operates in the communication equipment industry. The company is engaged in the R&D, development, production, manufacturing, and sales of user remote line disconnectors, protectors and their components, line reactors and their components, subtitle phones and their components, and smart network resource management multiplexers. The products offered by the firm include multi-service cross-connect, test equipment, wavelength division multiplexing, ethernet access and switch, test stations, and others.

Loop Telecommunication International (TPE:3025) Headlines

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