Genesis Technology (ROCO:6221) Days Payable : 103.93 (As of Sep. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Genesis Technology Days Payable?

Genesis Technology's average Accounts Payable for the three months ended in Sep. 2024 was NT$1,129 Mil. Genesis Technology's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$991 Mil. Hence, Genesis Technology's Days Payable for the three months ended in Sep. 2024 was 103.93.

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

ROCO:6221' s Days Payable Range Over the Past 10 Years
Min: 64.27 Med: 88.57 Max: 109.44
Current: 109.44

During the past 13 years, Genesis Technology's highest Days Payable was 109.44. The lowest was 64.27. And the median was 88.57.

ROCO:6221's Days Payable is ranked better than
72.02% of 2523 companies
in the Software industry
Industry Median: 48.75 vs ROCO:6221: 109.44

Genesis Technology's Days Payable increased from Sep. 2023 (93.24) to Sep. 2024 (103.93). It may suggest that Genesis Technology delayed paying its suppliers.

Genesis Technology Days Payable Historical Data

The historical data trend for Genesis 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.

* Premium members only.

Genesis Technology Days Payable Chart

Genesis Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

70.06

64.27

90.99

98.67

104.46

Genesis Technology Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															93.24	98.07	118.10	113.31	103.93

Competitive Comparison of Genesis Technology's Days Payable

For the Information Technology Services subindustry, Genesis 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.

Genesis Technology's Days Payable Distribution in the Software Industry

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

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

Genesis 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.

Genesis 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
=	( (1307.204	+	1227.97)	/	2 )	/	4428.993	*	365
=	1267.587					/	4428.993	*	365
=	104.46

Genesis Technology's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (1095.267	+	1162.1)	/	2 )	/	990.936	*	365 / 4
=	1128.6835					/	990.936	*	365 / 4
=	103.93

Genesis Technology Days Payable Related Terms

Thank you for viewing the detailed overview of Genesis Technology's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Genesis Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Genesis Technology Inc (ROCO:6221) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

7F, No.289 Kuang-Fu Road, Section 2, Hsinchu, TWN, 30071

Website

http://www.genesis.com.tw

Genesis Technology Inc provides business information software services to various enterprises in Taiwan. The main operating activities of the Company are software and hardware sales related to computer, communications and cybersecurity custom-made system integration consulting and services.

Genesis Technology Headlines

No Headlines