ABICO NetCom Co (ROCO:8071) Days Payable : 56.52 (As of Dec. 2023)

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What is ABICO NetCom Co Days Payable?

ABICO NetCom Co's average Accounts Payable for the three months ended in Dec. 2023 was NT$264 Mil. ABICO NetCom Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$426 Mil. Hence, ABICO NetCom Co's Days Payable for the three months ended in Dec. 2023 was 56.52.

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

ROCO:8071' s Days Payable Range Over the Past 10 Years
Min: 43.9 Med: 55.11 Max: 105.02
Current: 53.46

During the past 13 years, ABICO NetCom Co's highest Days Payable was 105.02. The lowest was 43.90. And the median was 55.11.

ROCO:8071's Days Payable is ranked worse than
64.44% of 2421 companies
in the Hardware industry
Industry Median: 67.83 vs ROCO:8071: 53.46

ABICO NetCom Co's Days Payable declined from Dec. 2022 (59.72) to Dec. 2023 (56.52). It may suggest that ABICO NetCom Co accelerated paying its suppliers.

ABICO NetCom Co Days Payable Historical Data

The historical data trend for ABICO NetCom 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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ABICO NetCom Co Days Payable Chart

ABICO NetCom Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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67.47

105.02

58.23

50.32

53.43

ABICO NetCom Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															59.72	54.48	54.40	49.17	56.52

Competitive Comparison of ABICO NetCom Co's Days Payable

For the Computer Hardware subindustry, ABICO NetCom 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.

ABICO NetCom Co's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where ABICO NetCom Co's Days Payable falls into.

ABICO NetCom 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.

ABICO NetCom 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
=	( (257.068	+	262.081)	/	2 )	/	1773.107	*	365
=	259.5745					/	1773.107	*	365
=	53.43

ABICO NetCom 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (265.231	+	262.081)	/	2 )	/	425.681	*	365 / 4
=	263.656					/	425.681	*	365 / 4
=	56.52

ABICO NetCom Co Days Payable Related Terms

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ABICO NetCom Co (ROCO:8071) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ABICO NetCom Co (ROCO:8071) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

13F-1, No. 27, Lane 169, Kang-Ning Street, Hsi-Chih District, New Taipei, Taipei, TWN

Website

http://www.fstdisc.com.tw

ABICO NetCom Co is a Taiwan-based company, mainly engaged in the manufacture of optical disks. The company provides CDs, and DVDs, and is also involved in diversified services including distribution and logistics.

ABICO NetCom Co (ROCO:8071) Headlines

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