Solytech Enterprise (TPE:1471) Days Payable : 84.22 (As of Dec. 2024)

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What is Solytech Enterprise Days Payable?

Solytech Enterprise's average Accounts Payable for the three months ended in Dec. 2024 was NT$57.8 Mil. Solytech Enterprise's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$62.7 Mil. Hence, Solytech Enterprise's Days Payable for the three months ended in Dec. 2024 was 84.22.

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

TPE:1471' s Days Payable Range Over the Past 10 Years
Min: 60.69 Med: 86.36 Max: 137.53
Current: 90.89

During the past 13 years, Solytech Enterprise's highest Days Payable was 137.53. The lowest was 60.69. And the median was 86.36.

TPE:1471's Days Payable is ranked better than
65.03% of 2405 companies
in the Hardware industry
Industry Median: 69.04 vs TPE:1471: 90.89

Solytech Enterprise's Days Payable declined from Dec. 2023 (107.19) to Dec. 2024 (84.22). It may suggest that Solytech Enterprise accelerated paying its suppliers.

Solytech Enterprise Days Payable Historical Data

The historical data trend for Solytech Enterprise'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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Solytech Enterprise Days Payable Chart

Solytech Enterprise Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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63.21

137.53

74.64

92.18

108.57

Solytech Enterprise Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															107.19	115.68	75.09	79.10	84.22

Competitive Comparison of Solytech Enterprise's Days Payable

For the Computer Hardware subindustry, Solytech Enterprise'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.

Solytech Enterprise's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Solytech Enterprise's Days Payable falls into.

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Solytech Enterprise 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.

Solytech Enterprise'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
=	( (74.913	+	70.627)	/	2 )	/	244.645	*	365
=	72.77					/	244.645	*	365
=	108.57

Solytech Enterprise'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
=	( (45.024	+	70.627)	/	2 )	/	62.654	*	365 / 4
=	57.8255					/	62.654	*	365 / 4
=	84.22

Solytech Enterprise Days Payable Related Terms

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Solytech Enterprise Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Solytech Enterprise Corp (TPE:1471) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.18 Wuquan 7th Road, 3rf Floor, Wugu District, New Taipei City, TWN, 248

Website

https://www.soly-tech.com

Solytech Enterprise Corp is engaged in manufacturing and selling power supplies, computer cases, and electronic components. The company derives the majority of its revenue from PC power supply suppliers and computer case products. Geographically, Its main source of revenue is in mainland China, and it also has a presence in the United States, Taiwan, and other countries.

Solytech Enterprise Headlines

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