GrandTech Cloud Services (ROCO:7747) Days Payable : 51.97 (As of Dec. 2024)

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What is GrandTech Cloud Services Days Payable?

GrandTech Cloud Services's average Accounts Payable for the three months ended in Dec. 2024 was NT$190 Mil. GrandTech Cloud Services's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$333 Mil. Hence, GrandTech Cloud Services's Days Payable for the three months ended in Dec. 2024 was 51.97.

The historical rank and industry rank for GrandTech Cloud Services's Days Payable or its related term are showing as below:

ROCO:7747' s Days Payable Range Over the Past 10 Years
Min: 59.44 Med: 65.83 Max: 67.11
Current: 59.44

During the past 3 years, GrandTech Cloud Services's highest Days Payable was 67.11. The lowest was 59.44. And the median was 65.83.

ROCO:7747's Days Payable is ranked better than
56.17% of 2535 companies
in the Software industry
Industry Median: 49.09 vs ROCO:7747: 59.44

GrandTech Cloud Services's Days Payable increased from Sep. 2023 (0.00) to Dec. 2024 (51.97). It may suggest that GrandTech Cloud Services delayed paying its suppliers.

GrandTech Cloud Services Days Payable Historical Data

The historical data trend for GrandTech Cloud Services'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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GrandTech Cloud Services Days Payable Chart

GrandTech Cloud Services Annual Data

Trend

Dec22

Dec23

Dec24

Days Payable

65.83

67.11

61.99

GrandTech Cloud Services Quarterly Data
	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial			-	73.46	33.34	53.94	51.97

Competitive Comparison of GrandTech Cloud Services's Days Payable

For the Software - Infrastructure subindustry, GrandTech Cloud Services'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.

GrandTech Cloud Services's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, GrandTech Cloud Services's Days Payable distribution charts can be found below:

* The bar in red indicates where GrandTech Cloud Services's Days Payable falls into.

GrandTech Cloud Services 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.

GrandTech Cloud Services's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (191.391	+	216.093)	/	2 )	/	1199.649	*	365
=	203.742					/	1199.649	*	365
=	61.99

GrandTech Cloud Services's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (163.475	+	216.093)	/	2 )	/	333.214	*	365 / 4
=	189.784					/	333.214	*	365 / 4
=	51.97

GrandTech Cloud Services Days Payable Related Terms

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GrandTech Cloud Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GrandTech Cloud Services Inc (ROCO:7747) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 76, Ruiguang Road, 2nd Floor, No.33, Neihu District, Taipei, TWN, 114

Website

https://www.grandtechcloud.com

GrandTech Cloud Services Inc is a company that is involved in professional software and hardware marketing and has a customer base in the games, animation, and creative industries. It has overseas bases in Hong Kong, Malaysia, Singapore, Indonesia and Japan. It provides a full range of cloud consulting and operation services to help enterprises create greater business value. It also provides FinOps multi-country cross-cloud integrated accounting systems.

GrandTech Cloud Services Headlines

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