Newretail Co (ROCO:3085) Days Payable : 7.10 (As of Mar. 2024)

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What is Newretail Co Days Payable?

Newretail Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$0.98 Mil. Newretail Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$12.58 Mil. Hence, Newretail Co's Days Payable for the three months ended in Mar. 2024 was 7.10.

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

ROCO:3085' s Days Payable Range Over the Past 10 Years
Min: 3.85 Med: 81.49 Max: 315.4
Current: 3.85

During the past 13 years, Newretail Co's highest Days Payable was 315.40. The lowest was 3.85. And the median was 81.49.

ROCO:3085's Days Payable is ranked worse than
96.54% of 434 companies
in the Interactive Media industry
Industry Median: 62.09 vs ROCO:3085: 3.85

Newretail Co's Days Payable declined from Mar. 2023 (9.61) to Mar. 2024 (7.10). It may suggest that Newretail Co accelerated paying its suppliers.

Newretail Co Days Payable Historical Data

The historical data trend for Newretail 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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Newretail Co Days Payable Chart

Newretail Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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169.10

315.40

115.62

6.87

16.55

Newretail Co 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															9.61	0.01	5.52	12.98	7.10

Competitive Comparison of Newretail Co's Days Payable

For the Internet Content & Information subindustry, Newretail 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.

Newretail Co's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Newretail Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Newretail Co's Days Payable falls into.

Newretail 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.

Newretail 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
=	( (3.157	+	1.953)	/	2 )	/	56.365	*	365
=	2.555					/	56.365	*	365
=	16.55

Newretail Co'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
=	( (1.953	+	0.005)	/	2 )	/	12.579	*	365 / 4
=	0.979					/	12.579	*	365 / 4
=	7.10

Newretail Co Days Payable Related Terms

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Newretail Co (ROCO:3085) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Newretail Co Ltd (ROCO:3085) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 66, Nanjing West Road, 5th Floor, Datong District, Taipei, TWN

Website

https://www.gt-group.com.tw

Newretail Co Ltd provides internet marketing services in Taiwan. It offers digital marketing content management platform, digital marketing marketplace management platform and digital marketing database management platform.

Newretail Co (ROCO:3085) Headlines

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