ATrack Technology (ROCO:6465) Days Payable : 15.12 (As of Jun. 2024)

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What is ATrack Technology Days Payable?

ATrack Technology's average Accounts Payable for the three months ended in Jun. 2024 was NT$7.6 Mil. ATrack Technology's Cost of Goods Sold for the three months ended in Jun. 2024 was NT$46.1 Mil. Hence, ATrack Technology's Days Payable for the three months ended in Jun. 2024 was 15.12.

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

ROCO:6465' s Days Payable Range Over the Past 10 Years
Min: 20.15 Med: 26.95 Max: 73.44
Current: 29.57

During the past 13 years, ATrack Technology's highest Days Payable was 73.44. The lowest was 20.15. And the median was 26.95.

ROCO:6465's Days Payable is ranked worse than
88.09% of 2418 companies
in the Hardware industry
Industry Median: 68.235 vs ROCO:6465: 29.57

ATrack Technology's Days Payable declined from Jun. 2023 (49.33) to Jun. 2024 (15.12). It may suggest that ATrack Technology accelerated paying its suppliers.

ATrack Technology Days Payable Historical Data

The historical data trend for ATrack 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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ATrack Technology Days Payable Chart

ATrack Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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25.63

23.69

73.44

63.38

26.27

ATrack 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															49.33	32.05	42.33	42.64	15.12

Competitive Comparison of ATrack Technology's Days Payable

For the Communication Equipment subindustry, ATrack 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.

ATrack Technology's Days Payable Distribution in the Hardware Industry

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

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

ATrack 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.

ATrack 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
=	( (3.829	+	20.647)	/	2 )	/	170.065	*	365
=	12.238					/	170.065	*	365
=	26.27

ATrack 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
=	( (6.971	+	8.318)	/	2 )	/	46.136	*	365 / 4
=	7.6445					/	46.136	*	365 / 4
=	15.12

ATrack Technology Days Payable Related Terms

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ATrack Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ATrack Technology Inc (ROCO:6465) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8th Floor, Number 13, Ln. 120, Sec. 1, Neihu Road, Neihu District, Taipei, TWN, 11493

Website

http://www.atrack.com.tw

ATrack Technology Inc is a Taiwan based company specializing in GPS telematics hardware designing and manufacturing and has a product portfolio including solutions for cars, trucks, containers and non-powered assets, trailers, and motorcycles. The product categories of the company include Hardwired, Plug and Play, IP Rated and Accessories.

ATrack Technology Headlines

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