Tyntek (TPE:2426) Days Payable : 62.50 (As of Mar. 2024)

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What is Tyntek Days Payable?

Tyntek's average Accounts Payable for the three months ended in Mar. 2024 was NT$323 Mil. Tyntek's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$471 Mil. Hence, Tyntek's Days Payable for the three months ended in Mar. 2024 was 62.50.

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

TPE:2426' s Days Payable Range Over the Past 10 Years
Min: 41.81 Med: 55.25 Max: 74.6
Current: 74.6

During the past 13 years, Tyntek's highest Days Payable was 74.60. The lowest was 41.81. And the median was 55.25.

TPE:2426's Days Payable is ranked better than
67.63% of 964 companies
in the Semiconductors industry
Industry Median: 51.78 vs TPE:2426: 74.60

Tyntek's Days Payable declined from Dec. 2022 (65.42) to Mar. 2024 (62.50). It may suggest that Tyntek accelerated paying its suppliers.

Tyntek Days Payable Historical Data

The historical data trend for Tyntek'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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Tyntek Days Payable Chart

Tyntek Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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60.16

54.75

55.74

60.25

69.57

Tyntek Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															65.42	56.27	49.41	59.95	62.50

Competitive Comparison of Tyntek's Days Payable

For the Semiconductors subindustry, Tyntek'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.

Tyntek's Days Payable Distribution in the Semiconductors Industry

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

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

Tyntek 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.

Tyntek's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (461.001	+	313.938)	/	2 )	/	2032.905	*	365
=	387.4695					/	2032.905	*	365
=	69.57

Tyntek'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (368.777	+	276.414)	/	2 )	/	471.007	*	365 / 4
=	322.5955					/	471.007	*	365 / 4
=	62.50

Tyntek Days Payable Related Terms

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Tyntek (TPE:2426) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tyntek Corp (TPE:2426) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 15, Kezhong Road, Zhunan Township, Hsinchu Science Park, Miaulih, TWN

Website

https://www.tyntek.com.tw

Tyntek Corp is engaged in research and development, manufacturing, and sales of relevant products, including gallium arsenide, infrared, light-emitting diodes, laser diodes, phototransistors, photodiodes, single crystal and epitaxy, crystal grains, optoelectronic systems, radio transmitters, and other electrical devices that can generate radio radiant energy.

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