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Acer Synergy Tech (ROCO:6751) Days Payable : 70.36 (As of Mar. 2024)


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What is Acer Synergy Tech Days Payable?

Acer Synergy Tech's average Accounts Payable for the three months ended in Mar. 2024 was NT$267 Mil. Acer Synergy Tech's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$346 Mil. Hence, Acer Synergy Tech's Days Payable for the three months ended in Mar. 2024 was 70.36.

The historical rank and industry rank for Acer Synergy Tech's Days Payable or its related term are showing as below:

ROCO:6751' s Days Payable Range Over the Past 10 Years
Min: 55.7   Med: 69.85   Max: 518.22
Current: 62.86

During the past 7 years, Acer Synergy Tech's highest Days Payable was 518.22. The lowest was 55.70. And the median was 69.85.

ROCO:6751's Days Payable is ranked better than
56.15% of 2536 companies
in the Software industry
Industry Median: 50.01 vs ROCO:6751: 62.86

Acer Synergy Tech's Days Payable increased from Mar. 2023 (58.58) to Mar. 2024 (70.36). It may suggest that Acer Synergy Tech delayed paying its suppliers.


Acer Synergy Tech Days Payable Historical Data

The historical data trend for Acer Synergy Tech'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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Acer Synergy Tech Days Payable Chart

Acer Synergy Tech Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 97.71 69.85 55.70 68.80 67.94

Acer Synergy Tech 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 58.58 51.95 61.77 75.02 70.36

Competitive Comparison of Acer Synergy Tech's Days Payable

For the Information Technology Services subindustry, Acer Synergy Tech'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.


Acer Synergy Tech's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Acer Synergy Tech's Days Payable distribution charts can be found below:

* The bar in red indicates where Acer Synergy Tech's Days Payable falls into.



Acer Synergy Tech 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.

Acer Synergy Tech'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
=( (244.307 + 281.238) / 2 ) / 1411.662*365
=262.7725 / 1411.662*365
=67.94

Acer Synergy Tech'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
=( (281.238 + 252.908) / 2 ) / 346.392*365 / 4
=267.073 / 346.392*365 / 4
=70.36

* 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.


Acer Synergy Tech Days Payable Related Terms

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Acer Synergy Tech (ROCO:6751) Business Description

Traded in Other Exchanges
N/A
Address
No. 33, Huanke 1st Road, 302, Floor 6, Hsinchu County, Zhubei, TWN, 302
Acer Synergy Tech Corp is a provider of IT solutions. It offers services to small and medium-sized businesses and large enterprises. Its services include enterprise architecture planning; information system integration service; information infrastructure maintenance; and information manpower outsourcing service.

Acer Synergy Tech (ROCO:6751) Headlines

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