Taiwan Asia Semiconductor (TPE:2340) Days Payable : 59.40 (As of Mar. 2024)

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What is Taiwan Asia Semiconductor Days Payable?

Taiwan Asia Semiconductor's average Accounts Payable for the three months ended in Mar. 2024 was NT$519 Mil. Taiwan Asia Semiconductor's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$797 Mil. Hence, Taiwan Asia Semiconductor's Days Payable for the three months ended in Mar. 2024 was 59.40.

The historical rank and industry rank for Taiwan Asia Semiconductor's Days Payable or its related term are showing as below:

TPE:2340' s Days Payable Range Over the Past 10 Years
Min: 57.23 Med: 71.57 Max: 93.62
Current: 57.23

During the past 13 years, Taiwan Asia Semiconductor's highest Days Payable was 93.62. The lowest was 57.23. And the median was 71.57.

TPE:2340's Days Payable is ranked better than
56.17% of 965 companies
in the Semiconductors industry
Industry Median: 51.64 vs TPE:2340: 57.23

Taiwan Asia Semiconductor's Days Payable increased from Mar. 2023 (59.20) to Mar. 2024 (59.40). It may suggest that Taiwan Asia Semiconductor delayed paying its suppliers.

Taiwan Asia Semiconductor Days Payable Historical Data

The historical data trend for Taiwan Asia Semiconductor'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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Taiwan Asia Semiconductor Days Payable Chart

Taiwan Asia Semiconductor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

67.20

66.94

68.40

72.23

62.69

Taiwan Asia Semiconductor 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															59.20	53.37	57.64	65.71	59.40

Competitive Comparison of Taiwan Asia Semiconductor's Days Payable

For the Semiconductors subindustry, Taiwan Asia Semiconductor'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.

Taiwan Asia Semiconductor's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Taiwan Asia Semiconductor's Days Payable distribution charts can be found below:

* The bar in red indicates where Taiwan Asia Semiconductor's Days Payable falls into.

Taiwan Asia Semiconductor 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.

Taiwan Asia Semiconductor'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
=	( (468.608	+	576.205)	/	2 )	/	3041.848	*	365
=	522.4065					/	3041.848	*	365
=	62.69

Taiwan Asia Semiconductor'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
=	( (576.205	+	461.077)	/	2 )	/	796.721	*	365 / 4
=	518.641					/	796.721	*	365 / 4
=	59.40

Taiwan Asia Semiconductor Days Payable Related Terms

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Taiwan Asia Semiconductor (TPE:2340) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Taiwan Asia Semiconductor Corp (TPE:2340) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Li-Hsin 5th Road, Hsinchu Science Park, Hsinchu, TWN, 30078

Website

https://www.tascsemi.com

Taiwan Asia Semiconductor Corp is engaged in the manufacture and sales of semiconductor components as well as research and development, design, manufacture, and sales of systems products. Its products consist of visible light-emitting diode chips, photodiodes, phototransistors, photo-sensing controllable thyristors, Zener diode chips, resistor chips, infrared radiation chips, colored light, IR LED, vertical-cavity surface-emitting lasers, light-emitting diode displays, automotive lighting, among others. Its segment consists of LED and silicon vendor chips group, Displays and lighting group, and Packaging business group.

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