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United Alloy-Tech Co (ROCO:3162) Days Payable : 80.49 (As of Sep. 2024)


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What is United Alloy-Tech Co Days Payable?

United Alloy-Tech Co's average Accounts Payable for the three months ended in Sep. 2024 was NT$1,007 Mil. United Alloy-Tech Co's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$1,142 Mil. Hence, United Alloy-Tech Co's Days Payable for the three months ended in Sep. 2024 was 80.49.

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

ROCO:3162' s Days Payable Range Over the Past 10 Years
Min: 4.28   Med: 25.04   Max: 122.54
Current: 97.66

During the past 13 years, United Alloy-Tech Co's highest Days Payable was 122.54. The lowest was 4.28. And the median was 25.04.

ROCO:3162's Days Payable is ranked better than
62.65% of 2929 companies
in the Industrial Products industry
Industry Median: 75.78 vs ROCO:3162: 97.66

United Alloy-Tech Co's Days Payable declined from Sep. 2023 (111.36) to Sep. 2024 (80.49). It may suggest that United Alloy-Tech Co accelerated paying its suppliers.


United Alloy-Tech Co Days Payable Historical Data

The historical data trend for United Alloy-Tech 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.

United Alloy-Tech Co Days Payable Chart

United Alloy-Tech Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.48 68.54 54.01 103.69 122.54

United Alloy-Tech 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 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 111.36 93.91 133.28 93.89 80.49

Competitive Comparison of United Alloy-Tech Co's Days Payable

For the Metal Fabrication subindustry, United Alloy-Tech 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.


United Alloy-Tech Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, United Alloy-Tech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where United Alloy-Tech Co's Days Payable falls into.



United Alloy-Tech 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.

United Alloy-Tech 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
=( (1035.483 + 1112.031) / 2 ) / 3198.277*365
=1073.757 / 3198.277*365
=122.54

United Alloy-Tech 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
=( (913.656 + 1101.197) / 2 ) / 1142.114*365 / 4
=1007.4265 / 1142.114*365 / 4
=80.49

* 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.


United Alloy-Tech Co Days Payable Related Terms

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United Alloy-Tech Co Business Description

Traded in Other Exchanges
N/A
Address
No.938, Zhongxing Road, She- Tzu Village, Xinwu District, Taoyuan, TWN, 32746
United Alloy-Tech Co Ltd mainly engages in the forging of aluminum alloys, die-casting, the production and processing of molds, and the production and sales business of auto parts. The company has two segments Aluminum alloy materials division and the Foam tapes division. Its product pipeline includes Aluminum Alloy 2-7 series, Front Fork End and Crown, Dropout, Riching Dropout, Mountain Bike Dropout, Yoke, Motor Mount, Hanger, and others. Geographically company generates the majority of its revenue from China and rest of Asia and also has its presence in Taiwan, and Europe and the U.S.

United Alloy-Tech Co Headlines

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