ChainSea Information Integration Co (ROCO:6898) Days Payable : 16.15 (As of Dec. 2023)

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What is ChainSea Information Integration Co Days Payable?

ChainSea Information Integration Co's average Accounts Payable for the six months ended in Dec. 2023 was NT$30.9 Mil. ChainSea Information Integration Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$349.2 Mil. Hence, ChainSea Information Integration Co's Days Payable for the six months ended in Dec. 2023 was 16.15.

The historical rank and industry rank for ChainSea Information Integration Co's Days Payable or its related term are showing as below:

ROCO:6898' s Days Payable Range Over the Past 10 Years
Min: 10.93 Med: 14.04 Max: 16.66
Current: 16.22

During the past 4 years, ChainSea Information Integration Co's highest Days Payable was 16.66. The lowest was 10.93. And the median was 14.04.

ROCO:6898's Days Payable is ranked worse than
83.57% of 925 companies
in the Business Services industry
Industry Median: 46.77 vs ROCO:6898: 16.22

ChainSea Information Integration Co's Days Payable declined from Dec. 2022 (22.82) to Dec. 2023 (16.15). It may suggest that ChainSea Information Integration Co accelerated paying its suppliers.

ChainSea Information Integration Co Days Payable Historical Data

The historical data trend for ChainSea Information Integration Co'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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ChainSea Information Integration Co Days Payable Chart

ChainSea Information Integration Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

16.66

12.00

10.93

16.08

ChainSea Information Integration Co Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			7.00	15.63	22.82	16.44	16.15

Competitive Comparison of ChainSea Information Integration Co's Days Payable

For the Specialty Business Services subindustry, ChainSea Information Integration Co'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.

ChainSea Information Integration Co's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ChainSea Information Integration Co's Days Payable distribution charts can be found below:

* The bar in red indicates where ChainSea Information Integration Co's Days Payable falls into.

ChainSea Information Integration Co 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.

ChainSea Information Integration Co'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
=	( (30.236	+	30.573)	/	2 )	/	690.355	*	365
=	30.4045					/	690.355	*	365
=	16.08

ChainSea Information Integration Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (31.228	+	30.573)	/	2 )	/	349.18	*	365 / 2
=	30.9005					/	349.18	*	365 / 2
=	16.15

ChainSea Information Integration Co Days Payable Related Terms

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ChainSea Information Integration Co (ROCO:6898) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ChainSea Information Integration Co Ltd (ROCO:6898) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chongqing North Road, 10th Floor, No. 1-1, Section 1, Datong District, Taipei, TWN, 103

Website

https://www.chainsea.com.tw

ChainSea Information Integration Co Ltd is engaged in the operation and management of outsourced customer service centers on the basis of system integration.

ChainSea Information Integration Co (ROCO:6898) Headlines

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