Acter Group (ROCO:5536) Days Payable : 91.82 (As of Jun. 2024)

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What is Acter Group Days Payable?

Acter Group's average Accounts Payable for the three months ended in Jun. 2024 was NT$5,908 Mil. Acter Group's Cost of Goods Sold for the three months ended in Jun. 2024 was NT$5,871 Mil. Hence, Acter Group's Days Payable for the three months ended in Jun. 2024 was 91.82.

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

ROCO:5536' s Days Payable Range Over the Past 10 Years
Min: 84.18 Med: 105.99 Max: 122.93
Current: 107.63

During the past 13 years, Acter Group's highest Days Payable was 122.93. The lowest was 84.18. And the median was 105.99.

ROCO:5536's Days Payable is ranked better than
66.22% of 1643 companies
in the Construction industry
Industry Median: 75.46 vs ROCO:5536: 107.63

Acter Group's Days Payable declined from Jun. 2023 (119.40) to Jun. 2024 (91.82). It may suggest that Acter Group accelerated paying its suppliers.

Acter Group Days Payable Historical Data

The historical data trend for Acter Group'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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Acter Group Days Payable Chart

Acter Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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106.09

105.88

101.97

103.38

122.93

Acter Group Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															119.40	110.98	105.03	123.92	91.82

Competitive Comparison of Acter Group's Days Payable

For the Engineering & Construction subindustry, Acter Group'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.

Acter Group's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Acter Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Acter Group's Days Payable falls into.

Acter Group 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.

Acter Group'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
=	( (7378.455	+	6189.682)	/	2 )	/	20142.993	*	365
=	6784.0685					/	20142.993	*	365
=	122.93

Acter Group'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: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (5596.429	+	6218.748)	/	2 )	/	5870.684	*	365 / 4
=	5907.5885					/	5870.684	*	365 / 4
=	91.82

Acter Group Days Payable Related Terms

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Acter Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Acter Group Corp Ltd (ROCO:5536) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 201, Wenxin Road, 19th Floor-1, Section 2, Xitun District, Taichung, TWN, 40758

Website

https://www.acter.com.tw

Acter Group Corp Ltd Formerly Acter Co Ltd is a Taiwan-based engineering and construction company. It is engaged in providing construction, design, and maintenance services related to air conditioners, environmental control services, clean room set-up, ice water machine trading, energy-storing equipment trading, ventilation engineering, and energy technology services. The company's geographical segments include Taiwan, Mainland China, and other Asian countries. It generates maximum revenue from Taiwan, which provides engineering services and sales.

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