Hi Sharp Electronics Co (ROCO:3128) Days Payable : 52.48 (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Hi Sharp Electronics Co Days Payable?

Hi Sharp Electronics Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$98.6 Mil. Hi Sharp Electronics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$171.5 Mil. Hence, Hi Sharp Electronics Co's Days Payable for the three months ended in Mar. 2024 was 52.48.

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

ROCO:3128' s Days Payable Range Over the Past 10 Years
Min: 20.71 Med: 31.34 Max: 46.91
Current: 45.11

During the past 13 years, Hi Sharp Electronics Co's highest Days Payable was 46.91. The lowest was 20.71. And the median was 31.34.

ROCO:3128's Days Payable is ranked worse than
52.72% of 920 companies
in the Business Services industry
Industry Median: 47.92 vs ROCO:3128: 45.11

Hi Sharp Electronics Co's Days Payable increased from Mar. 2023 (40.58) to Mar. 2024 (52.48). It may suggest that Hi Sharp Electronics Co delayed paying its suppliers.

Hi Sharp Electronics Co Days Payable Historical Data

The historical data trend for Hi Sharp Electronics 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.

* Premium members only.

Hi Sharp Electronics Co Days Payable Chart

Hi Sharp Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

33.87

46.91

44.42

41.28

46.33

Hi Sharp Electronics 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															40.58	41.53	39.42	43.95	52.48

Competitive Comparison of Hi Sharp Electronics Co's Days Payable

For the Security & Protection Services subindustry, Hi Sharp Electronics 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.

Hi Sharp Electronics Co's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hi Sharp Electronics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hi Sharp Electronics Co's Days Payable falls into.

Hi Sharp Electronics 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.

Hi Sharp Electronics 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
=	( (91.944	+	83.772)	/	2 )	/	692.203	*	365
=	87.858					/	692.203	*	365
=	46.33

Hi Sharp Electronics 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
=	( (83.772	+	113.505)	/	2 )	/	171.523	*	365 / 4
=	98.6385					/	171.523	*	365 / 4
=	52.48

Hi Sharp Electronics Co Days Payable Related Terms

Thank you for viewing the detailed overview of Hi Sharp Electronics Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Hi Sharp Electronics Co (ROCO:3128) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hi Sharp Electronics Co Ltd (ROCO:3128) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 673, Chang Shing Road, Bade Dist, Taoyuan, TWN, 33452

Website

http://www.hisharp.com

Hi Sharp Electronics Co Ltd is a Taiwan based company engages in the manufacture and sale of electronic surveillance products. Its products include liquid crystal display, camera, digital video recorder, video server, and car safety system.

Hi Sharp Electronics Co (ROCO:3128) Headlines

No Headlines