Ability Enterprise Co (TPE:2374) Days Payable : 93.07 (As of Dec. 2024)

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What is Ability Enterprise Co Days Payable?

Ability Enterprise Co's average Accounts Payable for the three months ended in Dec. 2024 was NT$1,221 Mil. Ability Enterprise Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$1,197 Mil. Hence, Ability Enterprise Co's Days Payable for the three months ended in Dec. 2024 was 93.07.

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

TPE:2374' s Days Payable Range Over the Past 10 Years
Min: 75.8 Med: 90.77 Max: 111.39
Current: 83.95

During the past 13 years, Ability Enterprise Co's highest Days Payable was 111.39. The lowest was 75.80. And the median was 90.77.

TPE:2374's Days Payable is ranked better than
61.29% of 2405 companies
in the Hardware industry
Industry Median: 69.04 vs TPE:2374: 83.95

Ability Enterprise Co's Days Payable increased from Dec. 2023 (77.68) to Dec. 2024 (93.07). It may suggest that Ability Enterprise Co delayed paying its suppliers.

Ability Enterprise Co Days Payable Historical Data

The historical data trend for Ability Enterprise 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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Ability Enterprise Co Days Payable Chart

Ability Enterprise Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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105.54

111.39

75.80

80.57

86.64

Ability Enterprise Co 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															77.68	83.34	75.07	80.93	93.07

Competitive Comparison of Ability Enterprise Co's Days Payable

For the Electronic Components subindustry, Ability Enterprise 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.

Ability Enterprise Co's Days Payable Distribution in the Hardware Industry

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

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

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Ability Enterprise 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.

Ability Enterprise Co'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
=	( (813.716	+	1273.088)	/	2 )	/	4395.871	*	365
=	1043.402					/	4395.871	*	365
=	86.64

Ability Enterprise Co'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
=	( (1167.916	+	1273.088)	/	2 )	/	1196.676	*	365 / 4
=	1220.502					/	1196.676	*	365 / 4
=	93.07

Ability Enterprise Co Days Payable Related Terms

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Ability Enterprise Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ability Enterprise Co Ltd (TPE:2374) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 200, Zhonghuan Road, Section 3, Xinzhuang District, New Taipei, TWN, 24242

Website

https://www.abilitycorp.com.tw

Ability Enterprise Co Ltd is engaged in the manufacturing, purchases, and sales of digital cameras, optical product components, and film/video accessories. It operates in two segments: Optical Manufacturing, which is into manufacturing and sales of optical products; and Strategic Investing, which focuses on sales of design and manufacturing of optical elements. It derives the majority of its revenue comes from the Optical manufacturing segment. Its geographical segments include Japan, China, Taiwan, and Others in which Japan generates the majority of the revenue.

Ability Enterprise Co Headlines

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