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AcBel Polytech (TPE:6282) Days Payable : 89.86 (As of Mar. 2024)


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What is AcBel Polytech Days Payable?

AcBel Polytech's average Accounts Payable for the three months ended in Mar. 2024 was NT$5,416 Mil. AcBel Polytech's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$5,500 Mil. Hence, AcBel Polytech's Days Payable for the three months ended in Mar. 2024 was 89.86.

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

TPE:6282' s Days Payable Range Over the Past 10 Years
Min: 76.15   Med: 103.42   Max: 108.88
Current: 76.15

During the past 13 years, AcBel Polytech's highest Days Payable was 108.88. The lowest was 76.15. And the median was 103.42.

TPE:6282's Days Payable is ranked worse than
50.32% of 2933 companies
in the Industrial Products industry
Industry Median: 76.41 vs TPE:6282: 76.15

AcBel Polytech's Days Payable declined from Mar. 2023 (105.88) to Mar. 2024 (89.86). It may suggest that AcBel Polytech accelerated paying its suppliers.


AcBel Polytech Days Payable Historical Data

The historical data trend for AcBel Polytech'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.

AcBel Polytech Days Payable Chart

AcBel Polytech 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 105.69 99.68 108.88 106.26 94.77

AcBel Polytech Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only 105.88 85.42 57.72 85.72 89.86

Competitive Comparison of AcBel Polytech's Days Payable

For the Electrical Equipment & Parts subindustry, AcBel Polytech'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.


AcBel Polytech's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AcBel Polytech's Days Payable distribution charts can be found below:

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



AcBel Polytech 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.

AcBel Polytech'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
=( (5704.758 + 5631.3) / 2 ) / 21830.406*365
=5668.029 / 21830.406*365
=94.77

AcBel Polytech'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
=( (5631.3 + 5200.767) / 2 ) / 5499.666*365 / 4
=5416.0335 / 5499.666*365 / 4
=89.86

* 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.


AcBel Polytech Days Payable Related Terms

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AcBel Polytech (TPE:6282) Business Description

Traded in Other Exchanges
N/A
Address
No. 159, Sec. 3, Danjin Road, Tanshui District, New Taipei City, Taipei, TWN, 251
AcBel Polytech Inc is a Taiwanese technological company that develops, manufactures, and sells power-management solutions globally. The company offers a wide range of custom-designed power supplies, ranging from 3W up to 10,000W per power module, to meet clients' needs in industries like information technology, communication, consumer electronics, networks, and industrial automation. The company has sales offices in China, Japan, the U.S., and the U.K. Its manufacturing units are in Taiwan, China, and the Philippines.

AcBel Polytech (TPE:6282) Headlines

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