Fluxtek International (ROCO:7443) Days Payable : 49.06 (As of Dec. 2023)

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What is Fluxtek International Days Payable?

Fluxtek International's average Accounts Payable for the six months ended in Dec. 2023 was NT$63.4 Mil. Fluxtek International's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$235.7 Mil. Hence, Fluxtek International's Days Payable for the six months ended in Dec. 2023 was 49.06.

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

ROCO:7443' s Days Payable Range Over the Past 10 Years
Min: 30.63 Med: 47.32 Max: 58.03
Current: 50.43

During the past 11 years, Fluxtek International's highest Days Payable was 58.03. The lowest was 30.63. And the median was 47.32.

ROCO:7443's Days Payable is ranked worse than
69.67% of 2931 companies
in the Industrial Products industry
Industry Median: 76.42 vs ROCO:7443: 50.43

Fluxtek International's Days Payable declined from Dec. 2022 (54.62) to Dec. 2023 (49.06). It may suggest that Fluxtek International accelerated paying its suppliers.

Fluxtek International Days Payable Historical Data

The historical data trend for Fluxtek International'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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Fluxtek International Days Payable Chart

Fluxtek International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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57.78

54.50

58.03

54.28

48.84

Fluxtek International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															58.52	59.20	54.62	53.50	49.06

Competitive Comparison of Fluxtek International's Days Payable

For the Pollution & Treatment Controls subindustry, Fluxtek International'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.

Fluxtek International's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fluxtek International's Days Payable distribution charts can be found below:

* The bar in red indicates where Fluxtek International's Days Payable falls into.

Fluxtek International 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.

Fluxtek International'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
=	( (63.489	+	59.329)	/	2 )	/	458.943	*	365
=	61.409					/	458.943	*	365
=	48.84

Fluxtek International'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
=	( (67.408	+	59.329)	/	2 )	/	235.704	*	365 / 2
=	63.3685					/	235.704	*	365 / 2
=	49.06

Fluxtek International Days Payable Related Terms

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Fluxtek International (ROCO:7443) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fluxtek International Corp (ROCO:7443) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.21, Jingjian Road, Qianjinli, Pingtung, TWN, 90093

Website

https://www.fluxtek.com

Fluxtek International Corp is a whole seller and retailer of water purifiers and related components. It is engaged in manufacturing water treatment systems such as water purification equipment and filters. The company's products include Hd-50 Technical Filter, Leak Detector, 5 in 1 Housing Wrench, and others.

Fluxtek International (ROCO:7443) Headlines

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