Lytone Enterprise (ROCO:1293) Days Payable : 54.58 (As of Dec. 2023)

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What is Lytone Enterprise Days Payable?

Lytone Enterprise's average Accounts Payable for the six months ended in Dec. 2023 was NT$60.8 Mil. Lytone Enterprise's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$203.4 Mil. Hence, Lytone Enterprise's Days Payable for the six months ended in Dec. 2023 was 54.58.

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

ROCO:1293' s Days Payable Range Over the Past 10 Years
Min: 45.41 Med: 51.79 Max: 66.82
Current: 57.22

During the past 6 years, Lytone Enterprise's highest Days Payable was 66.82. The lowest was 45.41. And the median was 51.79.

ROCO:1293's Days Payable is ranked better than
62.3% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs ROCO:1293: 57.22

Lytone Enterprise's Days Payable declined from Dec. 2022 (54.87) to Dec. 2023 (54.58). It may suggest that Lytone Enterprise accelerated paying its suppliers.

Lytone Enterprise Days Payable Historical Data

The historical data trend for Lytone Enterprise'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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Lytone Enterprise Days Payable Chart

Lytone Enterprise Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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66.82

47.03

45.41

52.89

58.12

Lytone Enterprise Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial						47.31	58.31	54.87	59.41	54.58

Competitive Comparison of Lytone Enterprise's Days Payable

For the Farm Products subindustry, Lytone Enterprise'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.

Lytone Enterprise's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lytone Enterprise's Days Payable distribution charts can be found below:

* The bar in red indicates where Lytone Enterprise's Days Payable falls into.

Lytone Enterprise 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.

Lytone Enterprise'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
=	( (53.056	+	65.252)	/	2 )	/	371.466	*	365
=	59.154					/	371.466	*	365
=	58.12

Lytone Enterprise'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (56.391	+	65.252)	/	2 )	/	203.368	*	365 / 2
=	60.8215					/	203.368	*	365 / 2
=	54.58

Lytone Enterprise Days Payable Related Terms

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Lytone Enterprise (ROCO:1293) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lytone Enterprise Inc (ROCO:1293) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 169, Kangning Street, Suite 1, 13th Floor, No. 31-1, Xizhi District, New Taipei City, TWN, 22180

Website

https://www.lytone.com

Lytone Enterprise Inc is a provider of science-based solutions, data-driven technologies, and services to enhance the quality and extend the shelf life of fresh produce. It supports growers, packers, and retailers by providing post-harvest solutions at different stages of the supply chain from the farm to the market.

Lytone Enterprise (ROCO:1293) Headlines

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