Advanced International Multitech Co (ROCO:8938) Days Payable : 39.65 (As of Mar. 2024)

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What is Advanced International Multitech Co Days Payable?

Advanced International Multitech Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$1,360 Mil. Advanced International Multitech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$3,130 Mil. Hence, Advanced International Multitech Co's Days Payable for the three months ended in Mar. 2024 was 39.65.

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

ROCO:8938' s Days Payable Range Over the Past 10 Years
Min: 38.39 Med: 54.29 Max: 58.33
Current: 38.39

During the past 13 years, Advanced International Multitech Co's highest Days Payable was 58.33. The lowest was 38.39. And the median was 54.29.

ROCO:8938's Days Payable is ranked worse than
66.01% of 756 companies
in the Travel & Leisure industry
Industry Median: 58.165 vs ROCO:8938: 38.39

Advanced International Multitech Co's Days Payable increased from Mar. 2023 (37.39) to Mar. 2024 (39.65). It may suggest that Advanced International Multitech Co delayed paying its suppliers.

Advanced International Multitech Co Days Payable Historical Data

The historical data trend for Advanced International Multitech 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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Advanced International Multitech Co Days Payable Chart

Advanced International Multitech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

54.24

57.62

52.74

46.18

56.20

Advanced International Multitech Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															37.39	32.38	41.00	38.81	39.65

Competitive Comparison of Advanced International Multitech Co's Days Payable

For the Leisure subindustry, Advanced International Multitech 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.

Advanced International Multitech Co's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Advanced International Multitech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Advanced International Multitech Co's Days Payable falls into.

Advanced International Multitech 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.

Advanced International Multitech 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
=	( (2230.307	+	1462.001)	/	2 )	/	11990.152	*	365
=	1846.154					/	11990.152	*	365
=	56.20

Advanced International Multitech Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1462.001	+	1258.134)	/	2 )	/	3130.157	*	365 / 4
=	1360.0675					/	3130.157	*	365 / 4
=	39.65

Advanced International Multitech Co Days Payable Related Terms

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Advanced International Multitech Co (ROCO:8938) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Advanced International Multitech Co Ltd (ROCO:8938) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 26 , Zhonglin Road, Lin Hai Industrial District, Xiaogang District, Kaohsiung City, TWN

Website

https://www.adgroup.com.tw

Advanced International Multitech Co Ltd is a Taiwan-based company. Along with its subsidiaries, the firm is engaged in the manufacturing, processing, trading, import, and export of carbon fiber prepackaged materials, and carbon fiber products, golf ball, composites, and bicycle parts. Its product portfolio includes golf club heads, graphite shafts, golf club sets, golf balls, putters, and carbon fiber components for bicycles, such as forks, frames, aviation products, and composite materials. It also manufactures carbon fiber bicycles under its own brand DIZO.

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