Axcen Photonics (ROCO:6530) Days Payable : 60.07 (As of Mar. 2024)

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What is Axcen Photonics Days Payable?

Axcen Photonics's average Accounts Payable for the three months ended in Mar. 2024 was NT$24.8 Mil. Axcen Photonics's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$37.7 Mil. Hence, Axcen Photonics's Days Payable for the three months ended in Mar. 2024 was 60.07.

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

ROCO:6530' s Days Payable Range Over the Past 10 Years
Min: 45.98 Med: 63.35 Max: 82.28
Current: 52.25

During the past 11 years, Axcen Photonics's highest Days Payable was 82.28. The lowest was 45.98. And the median was 63.35.

ROCO:6530's Days Payable is ranked worse than
65.83% of 2426 companies
in the Hardware industry
Industry Median: 68.08 vs ROCO:6530: 52.25

Axcen Photonics's Days Payable increased from Mar. 2023 (55.69) to Mar. 2024 (60.07). It may suggest that Axcen Photonics delayed paying its suppliers.

Axcen Photonics Days Payable Historical Data

The historical data trend for Axcen Photonics'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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Axcen Photonics Days Payable Chart

Axcen Photonics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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63.94

45.98

57.01

65.83

62.76

Axcen Photonics 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															55.69	40.55	51.87	57.76	60.07

Competitive Comparison of Axcen Photonics's Days Payable

For the Communication Equipment subindustry, Axcen Photonics'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.

Axcen Photonics's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Axcen Photonics's Days Payable falls into.

Axcen Photonics 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.

Axcen Photonics'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
=	( (25.95	+	23.53)	/	2 )	/	143.884	*	365
=	24.74					/	143.884	*	365
=	62.76

Axcen Photonics'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
=	( (23.53	+	26.163)	/	2 )	/	37.743	*	365 / 4
=	24.8465					/	37.743	*	365 / 4
=	60.07

Axcen Photonics Days Payable Related Terms

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Axcen Photonics (ROCO:6530) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Axcen Photonics Corp (ROCO:6530) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 119, Baozhong Road, 6th Floor, Xindian District, New Taipei City, Taipei, TWN, 231

Website

http://www.axcen.com.tw

Axcen Photonics Corp is a Taiwan based company involved in manufacturing products for the optical communications industry. The product offerings of the company include Video SFP, CSFP, SFP, Copper SFP, and GEPON SFF.

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