Mars Semiconductor (ROCO:6708) Days Payable : 37.47 (As of Mar. 2024)

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What is Mars Semiconductor Days Payable?

Mars Semiconductor's average Accounts Payable for the three months ended in Mar. 2024 was NT$6.1 Mil. Mars Semiconductor's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$14.9 Mil. Hence, Mars Semiconductor's Days Payable for the three months ended in Mar. 2024 was 37.47.

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

ROCO:6708' s Days Payable Range Over the Past 10 Years
Min: 25.39 Med: 55.38 Max: 88.65
Current: 25.39

During the past 8 years, Mars Semiconductor's highest Days Payable was 88.65. The lowest was 25.39. And the median was 55.38.

ROCO:6708's Days Payable is ranked worse than
91.22% of 2426 companies
in the Hardware industry
Industry Median: 68.08 vs ROCO:6708: 25.39

Mars Semiconductor's Days Payable increased from Mar. 2023 (29.44) to Mar. 2024 (37.47). It may suggest that Mars Semiconductor delayed paying its suppliers.

Mars Semiconductor Days Payable Historical Data

The historical data trend for Mars Semiconductor'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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Mars Semiconductor Days Payable Chart

Mars Semiconductor Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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53.73

57.02

50.62

35.16

30.37

Mars Semiconductor Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															29.44	18.20	26.59	37.52	37.47

Competitive Comparison of Mars Semiconductor's Days Payable

For the Communication Equipment subindustry, Mars Semiconductor'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.

Mars Semiconductor's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Mars Semiconductor's Days Payable falls into.

Mars Semiconductor 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.

Mars Semiconductor'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
=	( (7.265	+	8.609)	/	2 )	/	95.395	*	365
=	7.937					/	95.395	*	365
=	30.37

Mars Semiconductor'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
=	( (8.609	+	3.643)	/	2 )	/	14.919	*	365 / 4
=	6.126					/	14.919	*	365 / 4
=	37.47

Mars Semiconductor Days Payable Related Terms

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Mars Semiconductor (ROCO:6708) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mars Semiconductor Corp (ROCO:6708) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Lixing 1st Road, Room C5, 3rd Floor, Hsinchu Science Park, Hsinchu, TWN

Website

http://www.mars-semi.com.tw

Mars Semiconductor Corp is a bandwidth wireless audio and video chip design company. It provides wireless cloud system service (SaaS) software and hardware integration services. The company's products include wireless home security, wireless cars, and wireless baby monitors.

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