Rich Circle Development Co (ROCO:6198) Days Payable : 91,757.24 (As of Mar. 2024)

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What is Rich Circle Development Co Days Payable?

Rich Circle Development Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$17.1 Mil. Rich Circle Development Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$0.0 Mil. Hence, Rich Circle Development Co's Days Payable for the three months ended in Mar. 2024 was 91,757.24.

The historical rank and industry rank for Rich Circle Development Co's Days Payable or its related term are showing as below:

ROCO:6198' s Days Payable Range Over the Past 10 Years
Min: 11.57 Med: 23.61 Max: 306.98
Current: 306.98

During the past 13 years, Rich Circle Development Co's highest Days Payable was 306.98. The lowest was 11.57. And the median was 23.61.

ROCO:6198's Days Payable is ranked better than
95.33% of 964 companies
in the Semiconductors industry
Industry Median: 51.61 vs ROCO:6198: 306.98

Rich Circle Development Co's Days Payable increased from Mar. 2023 (0.00) to Mar. 2024 (91,757.24). It may suggest that Rich Circle Development Co delayed paying its suppliers.

Rich Circle Development Co Days Payable Historical Data

The historical data trend for Rich Circle Development Co'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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Rich Circle Development Co Days Payable Chart

Rich Circle Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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15.73

11.57

71.82

Rich Circle Development Co 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															-	0.09	1,160,260.86	16,256.56	91,757.24

Competitive Comparison of Rich Circle Development Co's Days Payable

For the Semiconductors subindustry, Rich Circle Development Co'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.

Rich Circle Development Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Rich Circle Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Rich Circle Development Co's Days Payable falls into.

Rich Circle Development Co 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.

Rich Circle Development Co'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
=	( (0	+	25.798)	/	1 )	/	131.112	*	365
=	25.798					/	131.112	*	365
=	71.82

Rich Circle Development Co'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
=	( (25.798	+	8.391)	/	2 )	/	0.017	*	365 / 4
=	17.0945					/	0.017	*	365 / 4
=	91,757.24

Rich Circle Development Co Days Payable Related Terms

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Rich Circle Development Co (ROCO:6198) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Rich Circle Development Co Ltd (ROCO:6198) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

7F-2, No.2 Lane 258, Rui Guang Road, Taiepi, TWN

Website

http://www.averlogic.com.tw

Rich Circle Development Co Ltd formerly AverLogic Technologies Inc is a Taiwan based semiconductor company, engaged in the design and manufacture of application specific memory and the video processing circuit. It offers a wide range of products that include video frame buffers, video decoders, LCD display controllers, format converters and highly integrated video processors.

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