ASE Technology Holding Co (FRA:2DQ) Days Payable : 52.82 (As of Sep. 2024)

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What is ASE Technology Holding Co Days Payable?

ASE Technology Holding Co's average Accounts Payable for the three months ended in Sep. 2024 was €2,182 Mil. ASE Technology Holding Co's Cost of Goods Sold for the three months ended in Sep. 2024 was €3,769 Mil. Hence, ASE Technology Holding Co's Days Payable for the three months ended in Sep. 2024 was 52.82.

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

FRA:2DQ' s Days Payable Range Over the Past 10 Years
Min: 54.18 Med: 57.97 Max: 62.63
Current: 54.18

During the past 13 years, ASE Technology Holding Co's highest Days Payable was 62.63. The lowest was 54.18. And the median was 57.97.

FRA:2DQ's Days Payable is ranked better than
51.85% of 972 companies
in the Semiconductors industry
Industry Median: 52.37 vs FRA:2DQ: 54.18

ASE Technology Holding Co's Days Payable increased from Sep. 2023 (52.19) to Sep. 2024 (52.82). It may suggest that ASE Technology Holding Co delayed paying its suppliers.

ASE Technology Holding Co Days Payable Historical Data

The historical data trend for ASE Technology Holding Co'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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ASE Technology Holding Co Days Payable Chart

ASE Technology Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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57.90

59.68

60.12

56.69

57.06

ASE Technology Holding Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															52.19	50.46	56.06	53.79	52.82

Competitive Comparison of ASE Technology Holding Co's Days Payable

For the Semiconductors subindustry, ASE Technology Holding Co'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.

ASE Technology Holding Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, ASE Technology Holding Co's Days Payable distribution charts can be found below:

* The bar in red indicates where ASE Technology Holding Co's Days Payable falls into.

ASE Technology Holding Co 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.

ASE Technology Holding Co'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
=	( (2432.875	+	2063.637)	/	2 )	/	14382.487	*	365
=	2248.256					/	14382.487	*	365
=	57.06

ASE Technology Holding Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (2034.533	+	2328.768)	/	2 )	/	3768.912	*	365 / 4
=	2181.6505					/	3768.912	*	365 / 4
=	52.82

ASE Technology Holding Co Days Payable Related Terms

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ASE Technology Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ASE Technology Holding Co Ltd (FRA:2DQ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ASX:USA 3711:Taiwan 2DQ:Germany

Address

No. 26, Chin Third Road, Nanzih District, Kaohsiung, TWN, 811

Website

https://www.aseglobal.com

ASE Technology Holding Co Ltd is a semiconductor assembly and testing firm. The company operates in segments: Packaging, Testing, and Electronic Manufacturing Services. Of these, Electronic Manufacturing Services contribute the maximum revenue. The packaging segment involves packaging bare semiconductors into completed semiconductors with improved electrical and thermal characteristics. The Testing Segment includes front-end engineering testing, wafer probing, and final testing services. In the EMS segment, the company designs manufactures, and sells electronic components and telecommunication equipment motherboards. The company is based in Taiwan but garners over half its sales from firms in the United States.

ASE Technology Holding Co Headlines

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