C-Media Electronics (ROCO:6237) Days Payable : 61.62 (As of Mar. 2024)

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What is C-Media Electronics Days Payable?

C-Media Electronics's average Accounts Payable for the three months ended in Mar. 2024 was NT$19.6 Mil. C-Media Electronics's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$29.0 Mil. Hence, C-Media Electronics's Days Payable for the three months ended in Mar. 2024 was 61.62.

The historical rank and industry rank for C-Media Electronics's Days Payable or its related term are showing as below:

ROCO:6237' s Days Payable Range Over the Past 10 Years
Min: 36.14 Med: 58.96 Max: 80.09
Current: 36.14

During the past 13 years, C-Media Electronics's highest Days Payable was 80.09. The lowest was 36.14. And the median was 58.96.

ROCO:6237's Days Payable is ranked worse than
69.12% of 965 companies
in the Semiconductors industry
Industry Median: 52.34 vs ROCO:6237: 36.14

C-Media Electronics's Days Payable increased from Mar. 2023 (53.82) to Mar. 2024 (61.62). It may suggest that C-Media Electronics delayed paying its suppliers.

C-Media Electronics Days Payable Historical Data

The historical data trend for C-Media Electronics'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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C-Media Electronics Days Payable Chart

C-Media Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

71.06

51.70

56.58

59.04

61.52

C-Media Electronics 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															53.82	21.49	43.20	46.00	61.62

Competitive Comparison of C-Media Electronics's Days Payable

For the Semiconductors subindustry, C-Media Electronics'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.

C-Media Electronics's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, C-Media Electronics's Days Payable distribution charts can be found below:

* The bar in red indicates where C-Media Electronics's Days Payable falls into.

C-Media Electronics 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.

C-Media Electronics'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
=	( (53.066	+	24.602)	/	2 )	/	230.419	*	365
=	38.834					/	230.419	*	365
=	61.52

C-Media Electronics'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
=	( (24.602	+	14.524)	/	2 )	/	28.969	*	365 / 4
=	19.563					/	28.969	*	365 / 4
=	61.62

C-Media Electronics Days Payable Related Terms

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C-Media Electronics (ROCO:6237) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » C-Media Electronics Inc (ROCO:6237) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

6F No.100, Sec. 4 Civil Boulevard, Taipei, TWN, 106

Website

https://www.cmedia.com.tw

C-Media Electronics Inc is a Taiwan based Integrated circuits design house. Its products are used in motherboards, notebooks, sound cards, and digital televisions, as well as in information appliances, such as PC-based DVD players. In addition, it is also involved in the provision of information software services. All the activities are carried out through the region of Taiwan.

C-Media Electronics (ROCO:6237) Headlines

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