Ushine Photonics (ROCO:3678) Days Payable : 21.41 (As of Dec. 2023)

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What is Ushine Photonics Days Payable?

Ushine Photonics's average Accounts Payable for the six months ended in Dec. 2023 was NT$8.4 Mil. Ushine Photonics's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$71.9 Mil. Hence, Ushine Photonics's Days Payable for the six months ended in Dec. 2023 was 21.41.

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

ROCO:3678' s Days Payable Range Over the Past 10 Years
Min: 7 Med: 18.07 Max: 31.56
Current: 18.61

During the past 13 years, Ushine Photonics's highest Days Payable was 31.56. The lowest was 7.00. And the median was 18.07.

ROCO:3678's Days Payable is ranked worse than
91.1% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs ROCO:3678: 18.61

Ushine Photonics's Days Payable increased from Dec. 2022 (8.90) to Dec. 2023 (21.41). It may suggest that Ushine Photonics delayed paying its suppliers.

Ushine Photonics Days Payable Historical Data

The historical data trend for Ushine Photonics'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.

Ushine Photonics Days Payable Chart

Ushine Photonics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

20.08

18.22

12.16

18.07

Ushine Photonics Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															19.16	14.05	8.90	16.65	21.41

Competitive Comparison of Ushine Photonics's Days Payable

For the Chemicals subindustry, Ushine Photonics'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.

Ushine Photonics's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ushine Photonics's Days Payable distribution charts can be found below:

* The bar in red indicates where Ushine Photonics's Days Payable falls into.

Ushine Photonics 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.

Ushine Photonics'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
=	( (6.592	+	8.592)	/	2 )	/	153.314	*	365
=	7.592					/	153.314	*	365
=	18.07

Ushine Photonics's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (8.268	+	8.592)	/	2 )	/	71.871	*	365 / 2
=	8.43					/	71.871	*	365 / 2
=	21.41

Ushine Photonics Days Payable Related Terms

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Ushine Photonics (ROCO:3678) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ushine Photonics Corp (ROCO:3678) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 199, Section 3, Huanbei Road, Hsinchu, Chupei City, TWN, 302

Website

http://www.ushine.com.tw

Ushine Photonics Corp produces indium tin oxide film products for the touch panel and display industries. Its products include ITO-films for resistive touch panels, Low resistivity TCO-films, Optical Clear Adhesives, and Anti-static protective film. It is specialized in material analysis, roll-to-roll vacuum coater design, and reactive sputtering process.

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