Cosmo Electronics (TPE:2466) Days Payable : 75.11 (As of Dec. 2024)

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What is Cosmo Electronics Days Payable?

Cosmo Electronics's average Accounts Payable for the three months ended in Dec. 2024 was NT$166 Mil. Cosmo Electronics's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$201 Mil. Hence, Cosmo Electronics's Days Payable for the three months ended in Dec. 2024 was 75.11.

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

TPE:2466' s Days Payable Range Over the Past 10 Years
Min: 30.67 Med: 38.04 Max: 52.89
Current: 52.55

During the past 13 years, Cosmo Electronics's highest Days Payable was 52.89. The lowest was 30.67. And the median was 38.04.

TPE:2466's Days Payable is ranked worse than
66.07% of 2405 companies
in the Hardware industry
Industry Median: 69.04 vs TPE:2466: 52.55

Cosmo Electronics's Days Payable increased from Dec. 2023 (29.05) to Dec. 2024 (75.11). It may suggest that Cosmo Electronics delayed paying its suppliers.

Cosmo Electronics Days Payable Historical Data

The historical data trend for Cosmo Electronics'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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Cosmo Electronics Days Payable Chart

Cosmo Electronics Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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34.05

41.67

47.04

36.36

34.76

Cosmo Electronics 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															29.05	59.88	55.48	47.34	75.11

Competitive Comparison of Cosmo Electronics's Days Payable

For the Electronic Components subindustry, Cosmo Electronics'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.

Cosmo Electronics's Days Payable Distribution in the Hardware Industry

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

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

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Cosmo Electronics 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.

Cosmo Electronics'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
=	( (43.404	+	141.177)	/	2 )	/	969.123	*	365
=	92.2905					/	969.123	*	365
=	34.76

Cosmo Electronics'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
=	( (190.21	+	141.177)	/	2 )	/	201.293	*	365 / 4
=	165.6935					/	201.293	*	365 / 4
=	75.11

Cosmo Electronics Days Payable Related Terms

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Cosmo Electronics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cosmo Electronics Corp (TPE:2466) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Liancheng Road, No. 258, 11th Floor, Zhonghe District, New Taipei, TWN, 235

Website

https://www.cosmo-ic.com

Cosmo Electronics Corp is engaged in the manufacture and sale of relays, photocouplers and LEDs, biomass energy, and land development business. The reportable operating segments of the company are Optoelectronics, Energy & Materials, Industrial Park Development, and Others. Majority of revenue is generated from the LED lighting segment.

Cosmo Electronics Headlines

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