Neousys Technology (ROCO:6922) Days Payable : 47.96 (As of Dec. 2023)

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What is Neousys Technology Days Payable?

Neousys Technology's average Accounts Payable for the three months ended in Dec. 2023 was NT$78 Mil. Neousys Technology's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$149 Mil. Hence, Neousys Technology's Days Payable for the three months ended in Dec. 2023 was 47.96.

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

ROCO:6922' s Days Payable Range Over the Past 10 Years
Min: 45.91 Med: 52.57 Max: 56.5
Current: 45.91

During the past 5 years, Neousys Technology's highest Days Payable was 56.50. The lowest was 45.91. And the median was 52.57.

ROCO:6922's Days Payable is ranked worse than
72.61% of 2421 companies
in the Hardware industry
Industry Median: 67.93 vs ROCO:6922: 45.91

Neousys Technology's Days Payable increased from Dec. 2022 (44.49) to Dec. 2023 (47.96). It may suggest that Neousys Technology delayed paying its suppliers.

Neousys Technology Days Payable Historical Data

The historical data trend for Neousys 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.

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Neousys Technology Days Payable Chart

Neousys Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

56.50

54.46

50.68

50.49

Neousys Technology Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial						44.49	36.14	40.81	57.65	47.96

Competitive Comparison of Neousys Technology's Days Payable

For the Computer Hardware subindustry, Neousys 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.

Neousys Technology's Days Payable Distribution in the Hardware Industry

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

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

Neousys 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.

Neousys 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
=	( (88.048	+	77.769)	/	2 )	/	599.302	*	365
=	82.9085					/	599.302	*	365
=	50.49

Neousys Technology'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (78.747	+	77.769)	/	2 )	/	148.895	*	365 / 4
=	78.258					/	148.895	*	365 / 4
=	47.96

Neousys Technology Days Payable Related Terms

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Neousys Technology (ROCO:6922) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Neousys Technology Inc (ROCO:6922) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.868-3, Zhongzheng Road, 15th Floor, Zhonghe District, New Taipei City, TWN, 23586

Website

https://www.neousys-tech.com

Neousys Technology Inc designs and manufactures industrial-grade rugged embedded computers and systems with core expertise ranging from embedded computing to data acquisition and processing. Its product line comprises Wide temperature range fanless computers, Rugged embedded industrial computing, Machine vision controller, In-vehicle fanless computer, Ultra compact fanless embedded computer, Surveillance/ video analytics computing, and GPU computing platform.

Neousys Technology (ROCO:6922) Headlines

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