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Sintrones Technology (ROCO:6680) Days Payable : 88.33 (As of Mar. 2024)


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What is Sintrones Technology Days Payable?

Sintrones Technology's average Accounts Payable for the three months ended in Mar. 2024 was NT$69.5 Mil. Sintrones Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$71.8 Mil. Hence, Sintrones Technology's Days Payable for the three months ended in Mar. 2024 was 88.33.

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

ROCO:6680' s Days Payable Range Over the Past 10 Years
Min: 51.7   Med: 61.53   Max: 107.59
Current: 65.86

During the past 10 years, Sintrones Technology's highest Days Payable was 107.59. The lowest was 51.70. And the median was 61.53.

ROCO:6680's Days Payable is ranked worse than
51.47% of 2423 companies
in the Hardware industry
Industry Median: 67.77 vs ROCO:6680: 65.86

Sintrones Technology's Days Payable increased from Mar. 2023 (74.91) to Mar. 2024 (88.33). It may suggest that Sintrones Technology delayed paying its suppliers.


Sintrones Technology Days Payable Historical Data

The historical data trend for Sintrones 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.

Sintrones Technology Days Payable Chart

Sintrones Technology 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 58.47 51.70 75.80 61.53 52.95

Sintrones Technology 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 74.91 68.73 60.70 58.54 88.33

Competitive Comparison of Sintrones Technology's Days Payable

For the Computer Hardware subindustry, Sintrones 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.


Sintrones Technology's Days Payable Distribution in the Hardware Industry

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

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



Sintrones 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.

Sintrones 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
=( (57.115 + 67.547) / 2 ) / 429.648*365
=62.331 / 429.648*365
=52.95

Sintrones Technology'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
=( (67.547 + 71.438) / 2 ) / 71.789*365 / 4
=69.4925 / 71.789*365 / 4
=88.33

* 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.


Sintrones Technology Days Payable Related Terms

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Sintrones Technology (ROCO:6680) Business Description

Traded in Other Exchanges
N/A
Address
No. 738, Zhongzheng Road, 2nd Floor-3, Zhongzheng, New Taipei, TWN, 235
Sintrones Technology Corp is engaged in providing computer system products.The company has only one reportable segment mainly involved in the equipment of computer equipment manufacturing and selling. It offers products including In-Vehicle Computer, CAN Bus Module, GPS Module, Video Capture Card, Fanless Box Computer, Embedded Board, and In-Vehicle Display.

Sintrones Technology (ROCO:6680) Headlines

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