Jhen Vei Electronic Co (ROCO:3520) Days Payable : 46.35 (As of Sep. 2024)

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What is Jhen Vei Electronic Co Days Payable?

Jhen Vei Electronic Co's average Accounts Payable for the three months ended in Sep. 2024 was NT$130 Mil. Jhen Vei Electronic Co's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$255 Mil. Hence, Jhen Vei Electronic Co's Days Payable for the three months ended in Sep. 2024 was 46.35.

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

ROCO:3520' s Days Payable Range Over the Past 10 Years
Min: 49.57 Med: 73.33 Max: 123.33
Current: 49.57

During the past 13 years, Jhen Vei Electronic Co's highest Days Payable was 123.33. The lowest was 49.57. And the median was 73.33.

ROCO:3520's Days Payable is ranked worse than
68.57% of 2402 companies
in the Hardware industry
Industry Median: 68.79 vs ROCO:3520: 49.57

Jhen Vei Electronic Co's Days Payable declined from Sep. 2023 (46.83) to Sep. 2024 (46.35). It may suggest that Jhen Vei Electronic Co accelerated paying its suppliers.

Jhen Vei Electronic Co Days Payable Historical Data

The historical data trend for Jhen Vei Electronic 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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Jhen Vei Electronic Co Days Payable Chart

Jhen Vei Electronic Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

75.35

60.92

123.33

60.35

58.32

Jhen Vei Electronic 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															46.83	48.53	56.73	49.86	46.35

Competitive Comparison of Jhen Vei Electronic Co's Days Payable

For the Electronic Components subindustry, Jhen Vei Electronic 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.

Jhen Vei Electronic Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jhen Vei Electronic Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jhen Vei Electronic Co's Days Payable falls into.

Jhen Vei Electronic 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.

Jhen Vei Electronic 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
=	( (117.931	+	108.23)	/	2 )	/	707.69	*	365
=	113.0805					/	707.69	*	365
=	58.32

Jhen Vei Electronic 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
=	( (132.564	+	126.662)	/	2 )	/	255.15	*	365 / 4
=	129.613					/	255.15	*	365 / 4
=	46.35

Jhen Vei Electronic Co Days Payable Related Terms

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Jhen Vei Electronic Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jhen Vei Electronic Co Ltd (ROCO:3520) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, Lane 609, Chongxin Road, 6th Floor, Section 5, Sanchong District, New Taipei, TWN, 24159

Website

http://www.jve-tech.com

Jhen Vei Electronic Co Ltd is a Taiwan-based manufacturer of electronic components. It offers electronic components and internet security products. The products offered by the company are USB cables, DC cables, wire harnesses, audio cables, VGA, and others. Its segment includes the Electronics Component Department; After Processing of Electronics Components and Energy. The company generates maximum revenue from the Electronics Component Department segment.

Jhen Vei Electronic Co Headlines

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