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Sun Max Tech (TPE:6591) Days Payable : 67.29 (As of Dec. 2024)


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What is Sun Max Tech Days Payable?

Sun Max Tech's average Accounts Payable for the three months ended in Dec. 2024 was NT$151 Mil. Sun Max Tech's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$205 Mil. Hence, Sun Max Tech's Days Payable for the three months ended in Dec. 2024 was 67.29.

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

TPE:6591' s Days Payable Range Over the Past 10 Years
Min: 54.31   Med: 65.95   Max: 78.2
Current: 57.57

During the past 12 years, Sun Max Tech's highest Days Payable was 78.20. The lowest was 54.31. And the median was 65.95.

TPE:6591's Days Payable is ranked worse than
61.86% of 2399 companies
in the Hardware industry
Industry Median: 69.29 vs TPE:6591: 57.57

Sun Max Tech's Days Payable increased from Dec. 2023 (58.54) to Dec. 2024 (67.29). It may suggest that Sun Max Tech delayed paying its suppliers.


Sun Max Tech Days Payable Historical Data

The historical data trend for Sun Max Tech'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.

Sun Max Tech Days Payable Chart

Sun Max Tech Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.03 73.95 64.10 54.31 61.06

Sun Max Tech Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 58.54 60.48 52.19 49.18 67.29

Competitive Comparison of Sun Max Tech's Days Payable

For the Computer Hardware subindustry, Sun Max Tech'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.


Sun Max Tech's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Sun Max Tech's Days Payable falls into.


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Sun Max Tech 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.

Sun Max Tech's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (151.141 + 159.457) / 2 ) / 928.378*365
=155.299 / 928.378*365
=61.06

Sun Max Tech's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (142.153 + 159.457) / 2 ) / 204.502*365 / 4
=150.805 / 204.502*365 / 4
=67.29

* 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.


Sun Max Tech Days Payable Related Terms

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Sun Max Tech Business Description

Traded in Other Exchanges
N/A
Address
802 West Bay Road, Oleander Way, P.O. Box 32052, The Grand Pavilion Commercial Centre, Grand Cayman, CYM, KY1-1208
Sun Max Tech Ltd is engaged in the research and development, production, and sales of DC brushless cooling fans, liquid cooling pumps, and other computer-related accessories in Taiwan. Its products are mainly used for personal computers (PC), communications networks, and Industrial control. The company generates maximum revenue from a Cooling fan. Geographically, it derives a majority of its revenue from China and also has a presence in Taiwan and other countries.

Sun Max Tech Headlines

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