Ichia Technologies (TPE:2402) Days Payable : 97.75 (As of Mar. 2024)

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What is Ichia Technologies Days Payable?

Ichia Technologies's average Accounts Payable for the three months ended in Mar. 2024 was NT$1,847 Mil. Ichia Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,724 Mil. Hence, Ichia Technologies's Days Payable for the three months ended in Mar. 2024 was 97.75.

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

TPE:2402' s Days Payable Range Over the Past 10 Years
Min: 88.56 Med: 95.92 Max: 111.69
Current: 91.66

During the past 13 years, Ichia Technologies's highest Days Payable was 111.69. The lowest was 88.56. And the median was 95.92.

TPE:2402's Days Payable is ranked better than
66.63% of 2424 companies
in the Hardware industry
Industry Median: 68.08 vs TPE:2402: 91.66

Ichia Technologies's Days Payable declined from Mar. 2023 (98.09) to Mar. 2024 (97.75). It may suggest that Ichia Technologies accelerated paying its suppliers.

Ichia Technologies Days Payable Historical Data

The historical data trend for Ichia Technologies'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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Ichia Technologies Days Payable Chart

Ichia Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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91.46

111.69

102.12

94.99

96.84

Ichia Technologies 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															98.09	88.85	86.39	98.96	97.75

Competitive Comparison of Ichia Technologies's Days Payable

For the Electronic Components subindustry, Ichia Technologies'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.

Ichia Technologies's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Ichia Technologies's Days Payable falls into.

Ichia Technologies 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.

Ichia Technologies'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
=	( (1959.619	+	1907.286)	/	2 )	/	7287.462	*	365
=	1933.4525					/	7287.462	*	365
=	96.84

Ichia Technologies'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
=	( (1907.286	+	1787.304)	/	2 )	/	1724.424	*	365 / 4
=	1847.295					/	1724.424	*	365 / 4
=	97.75

Ichia Technologies Days Payable Related Terms

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Ichia Technologies (TPE:2402) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ichia Technologies Inc (TPE:2402) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 268 Hwa-Ya 2nd Road, Hwa-Ya Technology Park, Gueishan District, Taoyuan, TWN

Website

http://www.ichia.com

Ichia Technologies Inc manufactures and sells a range of components for electronics, appliances, and other industries, including silicone elastomers, plastic keys, keyboard assemblies, input devices, and flexible printed circuit boards. The company also import and export products and provide agency, distribution, tender, and quotation services.

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