STL Technology Co (ROCO:4931) Days Payable : 78.82 (As of Dec. 2023)

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What is STL Technology Co Days Payable?

STL Technology Co's average Accounts Payable for the three months ended in Dec. 2023 was NT$183 Mil. STL Technology Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$212 Mil. Hence, STL Technology Co's Days Payable for the three months ended in Dec. 2023 was 78.82.

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

ROCO:4931' s Days Payable Range Over the Past 10 Years
Min: 37.34 Med: 67.48 Max: 87.71
Current: 75.34

During the past 13 years, STL Technology Co's highest Days Payable was 87.71. The lowest was 37.34. And the median was 67.48.

ROCO:4931's Days Payable is ranked worse than
51.25% of 2927 companies
in the Industrial Products industry
Industry Median: 76.55 vs ROCO:4931: 75.34

STL Technology Co's Days Payable increased from Dec. 2022 (74.06) to Dec. 2023 (78.82). It may suggest that STL Technology Co delayed paying its suppliers.

STL Technology Co Days Payable Historical Data

The historical data trend for STL Technology 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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STL Technology Co Days Payable Chart

STL Technology Co Annual Data

Trend

Dec12

Dec13

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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55.63

70.28

87.71

65.76

80.28

STL Technology Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															74.06	70.72	74.45	76.43	78.82

Competitive Comparison of STL Technology Co's Days Payable

For the Electrical Equipment & Parts subindustry, STL Technology 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.

STL Technology Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, STL Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where STL Technology Co's Days Payable falls into.

STL Technology 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.

STL Technology 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
=	( (440.392	+	195.192)	/	2 )	/	1444.942	*	365
=	317.792					/	1444.942	*	365
=	80.28

STL Technology Co'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (170.451	+	195.192)	/	2 )	/	211.661	*	365 / 4
=	182.8215					/	211.661	*	365 / 4
=	78.82

STL Technology Co Days Payable Related Terms

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STL Technology Co (ROCO:4931) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » STL Technology Co Ltd (ROCO:4931) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, West 15th Street, Qianzhen District, Kaohsiung, TWN, 80681

Website

http://www.stl-tech.com

STL Technology Co Ltd is engaged in the manufacturing and sales of lithium-ion battery modules in Taiwan. Its products are mainly focused on industrial applications such as gardening and hand-held power tools, light electric vehicles, and energy storage system devices.

STL Technology Co (ROCO:4931) Headlines

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