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Skardin Industrial (ROCO:3466) Days Payable : 103.74 (As of Mar. 2024)


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What is Skardin Industrial Days Payable?

Skardin Industrial's average Accounts Payable for the three months ended in Mar. 2024 was NT$105.7 Mil. Skardin Industrial's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$93.0 Mil. Hence, Skardin Industrial's Days Payable for the three months ended in Mar. 2024 was 103.74.

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

ROCO:3466' s Days Payable Range Over the Past 10 Years
Min: 76.68   Med: 86.87   Max: 162.3
Current: 113.93

During the past 13 years, Skardin Industrial's highest Days Payable was 162.30. The lowest was 76.68. And the median was 86.87.

ROCO:3466's Days Payable is ranked better than
75.91% of 2420 companies
in the Hardware industry
Industry Median: 67.93 vs ROCO:3466: 113.93

Skardin Industrial's Days Payable declined from Mar. 2023 (120.47) to Mar. 2024 (103.74). It may suggest that Skardin Industrial accelerated paying its suppliers.


Skardin Industrial Days Payable Historical Data

The historical data trend for Skardin Industrial'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.

Skardin Industrial Days Payable Chart

Skardin Industrial 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 87.36 121.13 98.79 118.50 162.30

Skardin Industrial 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 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 120.47 108.35 105.06 85.05 103.74

Competitive Comparison of Skardin Industrial's Days Payable

For the Communication Equipment subindustry, Skardin Industrial'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.


Skardin Industrial's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Skardin Industrial's Days Payable distribution charts can be found below:

* The bar in red indicates where Skardin Industrial's Days Payable falls into.



Skardin Industrial 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.

Skardin Industrial'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
=( (379.793 + 138.467) / 2 ) / 582.772*365
=259.13 / 582.772*365
=162.30

Skardin Industrial'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
=( (138.467 + 73.019) / 2 ) / 93.008*365 / 4
=105.743 / 93.008*365 / 4
=103.74

* 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.


Skardin Industrial Days Payable Related Terms

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Skardin Industrial (ROCO:3466) Business Description

Traded in Other Exchanges
N/A
Address
No. 123-1, Hsing De Road, 8th Floor, Sanchung District, Taipei, TWN
Skardin Industrial Corp manufactures and distributes set-top boxes. Its products include analogue satellite receiver, digital satellite receiver, digital terrestrial receivers, and digital cable receivers, among others.

Skardin Industrial (ROCO:3466) Headlines

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