CTCI Advanced Systems (ROCO:5209) Days Payable : 68.95 (As of Mar. 2024)

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What is CTCI Advanced Systems Days Payable?

CTCI Advanced Systems's average Accounts Payable for the three months ended in Mar. 2024 was NT$1,157 Mil. CTCI Advanced Systems's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,532 Mil. Hence, CTCI Advanced Systems's Days Payable for the three months ended in Mar. 2024 was 68.95.

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

ROCO:5209' s Days Payable Range Over the Past 10 Years
Min: 52.26 Med: 84.79 Max: 128.27
Current: 52.26

During the past 13 years, CTCI Advanced Systems's highest Days Payable was 128.27. The lowest was 52.26. And the median was 84.79.

ROCO:5209's Days Payable is ranked better than
51.09% of 2531 companies
in the Software industry
Industry Median: 50.16 vs ROCO:5209: 52.26

CTCI Advanced Systems's Days Payable increased from Mar. 2023 (56.90) to Mar. 2024 (68.95). It may suggest that CTCI Advanced Systems delayed paying its suppliers.

CTCI Advanced Systems Days Payable Historical Data

The historical data trend for CTCI Advanced Systems'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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CTCI Advanced Systems Days Payable Chart

CTCI Advanced Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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62.66

63.49

58.29

60.45

54.35

CTCI Advanced Systems 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															56.90	44.07	50.40	50.81	68.95

Competitive Comparison of CTCI Advanced Systems's Days Payable

For the Information Technology Services subindustry, CTCI Advanced Systems'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.

CTCI Advanced Systems's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, CTCI Advanced Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where CTCI Advanced Systems's Days Payable falls into.

CTCI Advanced Systems 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.

CTCI Advanced Systems'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
=	( (662.597	+	1195.796)	/	2 )	/	6239.937	*	365
=	929.1965					/	6239.937	*	365
=	54.35

CTCI Advanced Systems'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
=	( (1195.796	+	1118.707)	/	2 )	/	1531.545	*	365 / 4
=	1157.2515					/	1531.545	*	365 / 4
=	68.95

CTCI Advanced Systems Days Payable Related Terms

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CTCI Advanced Systems (ROCO:5209) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CTCI Advanced Systems Inc (ROCO:5209) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

11th Floor, No.16, Fushan Road, Beitou District, Taipei, TWN, 112037

Website

https://www.ctci.com

CTCI Advanced Systems Inc provides engineering research, planning, design, purchase, integration, manufacture, installation, adjustment, maintenance, and operation of different software and hardware within computers and control systems, import and sales of computers software, hardware, and instruments. It also provides information software, data processing, digital information development and application services, providing energy technology and internet identification services, providing automation control, traffic tracking, communication engineering, safety equipment, piping engineering, mechatronics service, and consulting of engineering and management.

CTCI Advanced Systems (ROCO:5209) Headlines

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