Godex International Co (ROCO:4987) Days Payable : 48.53 (As of Mar. 2024)

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What is Godex International Co Days Payable?

Godex International Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$81 Mil. Godex International Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$152 Mil. Hence, Godex International Co's Days Payable for the three months ended in Mar. 2024 was 48.53.

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

ROCO:4987' s Days Payable Range Over the Past 10 Years
Min: 43.74 Med: 48.65 Max: 56.75
Current: 47.27

During the past 13 years, Godex International Co's highest Days Payable was 56.75. The lowest was 43.74. And the median was 48.65.

ROCO:4987's Days Payable is ranked worse than
70.9% of 2423 companies
in the Hardware industry
Industry Median: 68.13 vs ROCO:4987: 47.27

Godex International Co's Days Payable declined from Mar. 2023 (66.39) to Mar. 2024 (48.53). It may suggest that Godex International Co accelerated paying its suppliers.

Godex International Co Days Payable Historical Data

The historical data trend for Godex International 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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Godex International Co Days Payable Chart

Godex International Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

48.26

53.84

54.35

56.75

49.34

Godex International Co 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															66.39	51.33	39.65	38.75	48.53

Competitive Comparison of Godex International Co's Days Payable

For the Computer Hardware subindustry, Godex International 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.

Godex International Co's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Godex International Co's Days Payable falls into.

Godex International 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.

Godex International 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
=	( (105.224	+	74.644)	/	2 )	/	665.364	*	365
=	89.934					/	665.364	*	365
=	49.34

Godex International Co'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
=	( (74.644	+	87.36)	/	2 )	/	152.319	*	365 / 4
=	81.002					/	152.319	*	365 / 4
=	48.53

Godex International Co Days Payable Related Terms

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Godex International Co (ROCO:4987) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Godex International Co Ltd (ROCO:4987) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

13F., No.168, Jiankang Road, Zhonghe District, New Taipei City, TWN

Website

https://www.godexintl.com

Godex International Co Ltd operates as an engineering company that designs and manufactures barcode printing products. The company produces industrial printers, desktop printers, mobile printers, scanners, accessories, and ribbons. Its products are applied in telecommunication, financial services, energy, education, construction, and others.

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