Quaser Machine Tools (ROCO:4563) Days Payable : 43.82 (As of Mar. 2024)

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What is Quaser Machine Tools Days Payable?

Quaser Machine Tools's average Accounts Payable for the three months ended in Mar. 2024 was NT$229 Mil. Quaser Machine Tools's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$476 Mil. Hence, Quaser Machine Tools's Days Payable for the three months ended in Mar. 2024 was 43.82.

The historical rank and industry rank for Quaser Machine Tools's Days Payable or its related term are showing as below:

ROCO:4563' s Days Payable Range Over the Past 10 Years
Min: 4.53 Med: 42.78 Max: 52.7
Current: 39.42

During the past 11 years, Quaser Machine Tools's highest Days Payable was 52.70. The lowest was 4.53. And the median was 42.78.

ROCO:4563's Days Payable is ranked worse than
80.57% of 2928 companies
in the Industrial Products industry
Industry Median: 76.585 vs ROCO:4563: 39.42

Quaser Machine Tools's Days Payable declined from Mar. 2023 (48.91) to Mar. 2024 (43.82). It may suggest that Quaser Machine Tools accelerated paying its suppliers.

Quaser Machine Tools Days Payable Historical Data

The historical data trend for Quaser Machine Tools'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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Quaser Machine Tools Days Payable Chart

Quaser Machine Tools Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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47.58

42.06

52.70

46.45

34.88

Quaser Machine Tools 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															48.91	42.61	36.61	32.39	43.82

Competitive Comparison of Quaser Machine Tools's Days Payable

For the Specialty Industrial Machinery subindustry, Quaser Machine Tools'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.

Quaser Machine Tools's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Quaser Machine Tools's Days Payable distribution charts can be found below:

* The bar in red indicates where Quaser Machine Tools's Days Payable falls into.

Quaser Machine Tools 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.

Quaser Machine Tools'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
=	( (195.209	+	185.9)	/	2 )	/	1994.08	*	365
=	190.5545					/	1994.08	*	365
=	34.88

Quaser Machine Tools'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
=	( (185.9	+	271.237)	/	2 )	/	475.962	*	365 / 4
=	228.5685					/	475.962	*	365 / 4
=	43.82

Quaser Machine Tools Days Payable Related Terms

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Quaser Machine Tools (ROCO:4563) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Quaser Machine Tools Inc (ROCO:4563) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

Number 3, Gong 6th Road, Youshih Industrial Park, Dajia District, Taichung, TWN

Website

http://www.quaser.com

Quaser Machine Tools Inc is involved in designing, manufacturing and marketing various machine tools in Taiwan. Its products include Vertical M/C, 5-Axis Mill-Turn M / C, Pallet M/C, Horizontal M/C, and FMC Series among others.

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