Princeton Technology (ROCO:6129) Days Payable : 45.38 (As of Mar. 2024)

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What is Princeton Technology Days Payable?

Princeton Technology's average Accounts Payable for the three months ended in Mar. 2024 was NT$100 Mil. Princeton Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$201 Mil. Hence, Princeton Technology's Days Payable for the three months ended in Mar. 2024 was 45.38.

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

ROCO:6129' s Days Payable Range Over the Past 10 Years
Min: 47.42 Med: 50.97 Max: 62.18
Current: 61.38

During the past 13 years, Princeton Technology's highest Days Payable was 62.18. The lowest was 47.42. And the median was 50.97.

ROCO:6129's Days Payable is ranked better than
58.96% of 965 companies
in the Semiconductors industry
Industry Median: 51.74 vs ROCO:6129: 61.38

Princeton Technology's Days Payable declined from Dec. 2022 (55.18) to Mar. 2024 (45.38). It may suggest that Princeton Technology accelerated paying its suppliers.

Princeton Technology Days Payable Historical Data

The historical data trend for Princeton Technology'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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Princeton Technology Days Payable Chart

Princeton Technology Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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62.18

48.85

47.42

50.41

48.15

Princeton Technology Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															55.18	44.86	47.09	44.38	45.38

Competitive Comparison of Princeton Technology's Days Payable

For the Semiconductors subindustry, Princeton Technology'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.

Princeton Technology's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Princeton Technology's Days Payable distribution charts can be found below:

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

Princeton Technology 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.

Princeton Technology's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (167.489	+	163.533)	/	2 )	/	1254.555	*	365
=	165.511					/	1254.555	*	365
=	48.15

Princeton Technology'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (108.32	+	91.205)	/	2 )	/	200.603	*	365 / 4
=	99.7625					/	200.603	*	365 / 4
=	45.38

Princeton Technology Days Payable Related Terms

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Princeton Technology (ROCO:6129) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Princeton Technology Corp (ROCO:6129) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 233-1, Baociao Road, 2nd Floor, Sindian District, New Taipei City, TWN, 23145

Website

http://www.princeton.com.tw

Princeton Technology Corp is engaged in the development, design, testing and sales of consumer integrated circuits (ICs). Its products include Display Driver ICs, Multimedia Audio Controller ICs, Motor Driver ICs, RF ICs, Encoder/Decoder ICs, Remote Control ICs, and ASICs and are suitable for a wide range of applications, including automotive dashboard and multimedia devices, portable audio players, digital TVs, home audio/video appliances, DSCs, DSLRs, monitoring cameras, and car security systems. Geographically, the activities are carried out in Taiwan, Japan, Korea, Mainland China(including HK) and others.

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