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KYE Systems (TPE:2365) Days Payable : 25.47 (As of Sep. 2024)


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What is KYE Systems Days Payable?

KYE Systems's average Accounts Payable for the three months ended in Sep. 2024 was NT$43.1 Mil. KYE Systems's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$154.5 Mil. Hence, KYE Systems's Days Payable for the three months ended in Sep. 2024 was 25.47.

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

TPE:2365' s Days Payable Range Over the Past 10 Years
Min: 21.84   Med: 46.8   Max: 69.68
Current: 22.75

During the past 13 years, KYE Systems's highest Days Payable was 69.68. The lowest was 21.84. And the median was 46.80.

TPE:2365's Days Payable is ranked worse than
92.61% of 2409 companies
in the Hardware industry
Industry Median: 68.75 vs TPE:2365: 22.75

KYE Systems's Days Payable declined from Sep. 2023 (28.67) to Sep. 2024 (25.47). It may suggest that KYE Systems accelerated paying its suppliers.


KYE Systems Days Payable Historical Data

The historical data trend for KYE Systems'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.

* Premium members only.

KYE Systems Days Payable Chart

KYE Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.78 45.82 33.34 21.84 25.22

KYE Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.67 19.11 19.38 24.24 25.47

Competitive Comparison of KYE Systems's Days Payable

For the Computer Hardware subindustry, KYE Systems'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.


KYE Systems's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where KYE Systems's Days Payable falls into.



KYE Systems 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.

KYE Systems'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
=( (46.462 + 19.721) / 2 ) / 478.921*365
=33.0915 / 478.921*365
=25.22

KYE Systems's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (42.741 + 43.495) / 2 ) / 154.48*365 / 4
=43.118 / 154.48*365 / 4
=25.47

* 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.


KYE Systems Days Payable Related Terms

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KYE Systems Business Description

Traded in Other Exchanges
N/A
Address
Number 492, Sec. 5, Chongxin Road, 1st-8th Floor, Sanchong District, New Taipei City, TWN, 24160
KYE Systems Corp is a Taiwan-based company engaged in manufacturing, processing, and trading of computer peripheral products such as computer mice, keyboards, and card readers, video image products such as network and security cameras, and consumer electronic products such as headphone speakers and game console peripherals. The reportable segments of the company are Electronic Products and Others. Geographically, the company operates in the USA, Asia, Europe, Taiwan, and Others. The Majority of revenue is generated from America.

KYE Systems Headlines

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