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Pacific Image Electronics Co (ROCO:6228) Days Payable : 44.76 (As of Mar. 2024)


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What is Pacific Image Electronics Co Days Payable?

Pacific Image Electronics Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$2.37 Mil. Pacific Image Electronics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$4.82 Mil. Hence, Pacific Image Electronics Co's Days Payable for the three months ended in Mar. 2024 was 44.76.

The historical rank and industry rank for Pacific Image Electronics Co's Days Payable or its related term are showing as below:

ROCO:6228' s Days Payable Range Over the Past 10 Years
Min: 6.38   Med: 31.35   Max: 64.11
Current: 26.18

During the past 13 years, Pacific Image Electronics Co's highest Days Payable was 64.11. The lowest was 6.38. And the median was 31.35.

ROCO:6228's Days Payable is ranked worse than
87.36% of 2421 companies
in the Hardware industry
Industry Median: 67.93 vs ROCO:6228: 26.18

Pacific Image Electronics Co's Days Payable declined from Mar. 2023 (51.76) to Mar. 2024 (44.76). It may suggest that Pacific Image Electronics Co accelerated paying its suppliers.


Pacific Image Electronics Co Days Payable Historical Data

The historical data trend for Pacific Image Electronics 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.

* Premium members only.

Pacific Image Electronics Co Days Payable Chart

Pacific Image Electronics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.38 31.68 64.11 45.54 50.09

Pacific Image Electronics 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.76 25.09 9.16 20.34 44.76

Competitive Comparison of Pacific Image Electronics Co's Days Payable

For the Computer Hardware subindustry, Pacific Image Electronics 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.


Pacific Image Electronics Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Pacific Image Electronics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Pacific Image Electronics Co's Days Payable falls into.



Pacific Image Electronics 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.

Pacific Image Electronics 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
=( (3.623 + 2.439) / 2 ) / 22.088*365
=3.031 / 22.088*365
=50.09

Pacific Image Electronics 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
=( (2.439 + 2.291) / 2 ) / 4.821*365 / 4
=2.365 / 4.821*365 / 4
=44.76

* 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.


Pacific Image Electronics Co Days Payable Related Terms

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Pacific Image Electronics Co (ROCO:6228) Business Description

Traded in Other Exchanges
N/A
Address
Datong Road, Xizhi District, 7th Floor, No. 239, Sec. 1, New Taipei City, TWN, 221
Pacific Image Electronics Co Ltd is a scanning and imaging solution provider. It is engaged in the design and development of optical scanners, printers, and modems. The company provides design and manufacturing services to brands such as Kodak, KIS for film scanning solution.

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