Advanced Echem Materials Co (ROCO:4749) Days Payable : 48.54 (As of Sep. 2024)

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What is Advanced Echem Materials Co Days Payable?

Advanced Echem Materials Co's average Accounts Payable for the three months ended in Sep. 2024 was NT$284 Mil. Advanced Echem Materials Co's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$534 Mil. Hence, Advanced Echem Materials Co's Days Payable for the three months ended in Sep. 2024 was 48.54.

The historical rank and industry rank for Advanced Echem Materials Co's Days Payable or its related term are showing as below:

ROCO:4749' s Days Payable Range Over the Past 10 Years
Min: 40.83 Med: 50.9 Max: 88.38
Current: 47.01

During the past 9 years, Advanced Echem Materials Co's highest Days Payable was 88.38. The lowest was 40.83. And the median was 50.90.

ROCO:4749's Days Payable is ranked worse than
71.27% of 2409 companies
in the Hardware industry
Industry Median: 68.75 vs ROCO:4749: 47.01

Advanced Echem Materials Co's Days Payable declined from Sep. 2023 (55.68) to Sep. 2024 (48.54). It may suggest that Advanced Echem Materials Co accelerated paying its suppliers.

Advanced Echem Materials Co Days Payable Historical Data

The historical data trend for Advanced Echem Materials 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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Advanced Echem Materials Co Days Payable Chart

Advanced Echem Materials Co Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec20

Dec21

Dec22

Dec23

Days Payable

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50.90

50.31

47.04

43.90

40.83

Advanced Echem Materials Co Quarterly Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Jun20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															55.68	40.26	41.31	44.57	48.54

Competitive Comparison of Advanced Echem Materials Co's Days Payable

For the Consumer Electronics subindustry, Advanced Echem Materials 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.

Advanced Echem Materials Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Advanced Echem Materials Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Advanced Echem Materials Co's Days Payable falls into.

Advanced Echem Materials 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.

Advanced Echem Materials 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
=	( (195.232	+	178.441)	/	2 )	/	1670.13	*	365
=	186.8365					/	1670.13	*	365
=	40.83

Advanced Echem Materials 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
=	( (258.977	+	309.277)	/	2 )	/	534.162	*	365 / 4
=	284.127					/	534.162	*	365 / 4
=	48.54

Advanced Echem Materials Co Days Payable Related Terms

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Advanced Echem Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Advanced Echem Materials Co Ltd (ROCO:4749) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.455, Sinhe Road, Longtan District, Taoyuan, TWN, 325

Website

http://www.ecsc.com.tw

Advanced Echem Materials Co Ltd is engaged in developing and manufacturing special chemical materials for semiconductor and display applications.

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