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Tung Thih Electronic Co (ROCO:3552) Days Payable : 97.24 (As of Dec. 2024)


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What is Tung Thih Electronic Co Days Payable?

Tung Thih Electronic Co's average Accounts Payable for the three months ended in Dec. 2024 was NT$1,990 Mil. Tung Thih Electronic Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$1,868 Mil. Hence, Tung Thih Electronic Co's Days Payable for the three months ended in Dec. 2024 was 97.24.

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

ROCO:3552' s Days Payable Range Over the Past 10 Years
Min: 102.87   Med: 132   Max: 188.54
Current: 107.56

During the past 13 years, Tung Thih Electronic Co's highest Days Payable was 188.54. The lowest was 102.87. And the median was 132.00.

ROCO:3552's Days Payable is ranked better than
74.63% of 1285 companies
in the Vehicles & Parts industry
Industry Median: 65.3 vs ROCO:3552: 107.56

Tung Thih Electronic Co's Days Payable increased from Dec. 2023 (90.73) to Dec. 2024 (97.24). It may suggest that Tung Thih Electronic Co delayed paying its suppliers.


Tung Thih Electronic Co Days Payable Historical Data

The historical data trend for Tung Thih 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.

* Premium members only.

Tung Thih Electronic Co Days Payable Chart

Tung Thih Electronic Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 188.54 156.41 113.28 102.87 120.77

Tung Thih Electronic Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 90.73 117.61 103.26 100.34 97.24

Competitive Comparison of Tung Thih Electronic Co's Days Payable

For the Auto Parts subindustry, Tung Thih 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.


Tung Thih Electronic Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tung Thih Electronic Co's Days Payable distribution charts can be found below:

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


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Tung Thih 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.

Tung Thih Electronic Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (2253.747 + 2197.258) / 2 ) / 6725.95*365
=2225.5025 / 6725.95*365
=120.77

Tung Thih Electronic Co's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (1783.159 + 2197.258) / 2 ) / 1867.596*365 / 4
=1990.2085 / 1867.596*365 / 4
=97.24

* 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.


Tung Thih Electronic Co Days Payable Related Terms

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Tung Thih Electronic Co Business Description

Traded in Other Exchanges
N/A
Address
Nanqing Road, No.9, Lane 1156, Luzhu District, Taoyuan, TWN, 338
Tung Thih Electronic Co Ltd is a Taiwan-based automotive electronic products and components manufacturer. The group offers an ultrasonic system for parking assistance, an imaging system that assists in the area of blind areas and an obstacle to reducing collision accidents, and a radio system that includes automotive safety and information communication systems used for vehicle safety and driving convenience, air conditioning control, vehicle information display, windshield wiper control, lighting, car door lock, and power window control, wireless tire pressure detection systems, electric seat, and others. It offers reversing and front sensors, alarm systems, Bluetooth systems, central door locking systems, and other automobile electronic parts in Taiwan and overseas markets.

Tung Thih Electronic Co Headlines

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