Liton Technology (ROCO:6175) Days Payable : 12.97 (As of Jun. 2024)

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What is Liton Technology Days Payable?

Liton Technology's average Accounts Payable for the three months ended in Jun. 2024 was NT$125 Mil. Liton Technology's Cost of Goods Sold for the three months ended in Jun. 2024 was NT$883 Mil. Hence, Liton Technology's Days Payable for the three months ended in Jun. 2024 was 12.97.

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

ROCO:6175' s Days Payable Range Over the Past 10 Years
Min: 10.87 Med: 19.87 Max: 27.04
Current: 21.98

During the past 13 years, Liton Technology's highest Days Payable was 27.04. The lowest was 10.87. And the median was 19.87.

ROCO:6175's Days Payable is ranked worse than
90.12% of 1063 companies
in the Metals & Mining industry
Industry Median: 136.29 vs ROCO:6175: 21.98

Liton Technology's Days Payable declined from Jun. 2023 (26.32) to Jun. 2024 (12.97). It may suggest that Liton Technology accelerated paying its suppliers.

Liton Technology Days Payable Historical Data

The historical data trend for Liton 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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Liton Technology Days Payable Chart

Liton Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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23.77

22.39

17.14

10.87

13.39

Liton Technology 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															26.32	32.74	23.48	15.22	12.97

Competitive Comparison of Liton Technology's Days Payable

For the Aluminum subindustry, Liton 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.

Liton Technology's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Liton Technology's Days Payable distribution charts can be found below:

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

Liton 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.

Liton Technology'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
=	( (64.181	+	150.596)	/	2 )	/	2927.301	*	365
=	107.3885					/	2927.301	*	365
=	13.39

Liton Technology'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
=	( (93.12	+	157.819)	/	2 )	/	882.867	*	365 / 4
=	125.4695					/	882.867	*	365 / 4
=	12.97

Liton Technology Days Payable Related Terms

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Liton Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Liton Technology Corp (ROCO:6175) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

9,Chung Lung 2Road, Chung-Hsing Industrial Zone, Tung-Lo Town, Miao-Li County, Hsinchu, TWN

Website

http://www.liton.com.tw

Liton Technology Corp is a manufacturing company of etched and formed aluminum foils. It manufactures and markets aluminum foils, low-voltage formed aluminum foils and middle and high-voltage etched aluminum foils, liquid electrolytes,s and other related materials for aluminum electrolytic capacitors.

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