Pixon Technologies (ROCO:5248) Days Payable : 23.71 (As of Jun. 2024)

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What is Pixon Technologies Days Payable?

Pixon Technologies's average Accounts Payable for the six months ended in Jun. 2024 was NT$22.0 Mil. Pixon Technologies's Cost of Goods Sold for the six months ended in Jun. 2024 was NT$169.1 Mil. Hence, Pixon Technologies's Days Payable for the six months ended in Jun. 2024 was 23.71.

The historical rank and industry rank for Pixon Technologies's Days Payable or its related term are showing as below:

ROCO:5248' s Days Payable Range Over the Past 10 Years
Min: 15.44 Med: 21.48 Max: 32.37
Current: 23.18

During the past 13 years, Pixon Technologies's highest Days Payable was 32.37. The lowest was 15.44. And the median was 21.48.

ROCO:5248's Days Payable is ranked worse than
92.11% of 2409 companies
in the Hardware industry
Industry Median: 68.75 vs ROCO:5248: 23.18

Pixon Technologies's Days Payable increased from Jun. 2023 (16.60) to Jun. 2024 (23.71). It may suggest that Pixon Technologies delayed paying its suppliers.

Pixon Technologies Days Payable Historical Data

The historical data trend for Pixon Technologies'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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Pixon Technologies Days Payable Chart

Pixon Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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15.44

27.88

32.37

31.38

22.61

Pixon Technologies Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															39.63	32.86	16.60	22.43	23.71

Competitive Comparison of Pixon Technologies's Days Payable

For the Electronic Components subindustry, Pixon Technologies'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.

Pixon Technologies's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Pixon Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Pixon Technologies's Days Payable falls into.

Pixon Technologies 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.

Pixon Technologies'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
=	( (16.485	+	18.684)	/	2 )	/	283.902	*	365
=	17.5845					/	283.902	*	365
=	22.61

Pixon Technologies's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (18.684	+	25.24)	/	2 )	/	169.051	*	365 / 2
=	21.962					/	169.051	*	365 / 2
=	23.71

Pixon Technologies Days Payable Related Terms

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Pixon Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Pixon Technologies Corp (ROCO:5248) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 52, Minquan Road, 9th Floor, Xindian District, New Taipei City, TWN, 23141

Website

http://www.pixon.com.tw

Pixon Technologies Corp is a Taiwan based company operating in the imaging and optical component industry. Its designs and manufactures color CIS modules, imaging lens arrays, and linear illumination products. The products of the company include linear light guide, CIS module, linear micro lens array, COB chip on board and 3-in-1 module. The entity's product application includes document scanning and printing, fax, photocopiers, MFP multifunction printers, banknote counterfeit machines, lottery, electronic whiteboard, large format textile and paper printing and scanning, and other visual inspection.

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