Ite Tech (TPE:3014) Days Payable : 88.64 (As of Dec. 2024)

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What is Ite Tech Days Payable?

Ite Tech's average Accounts Payable for the three months ended in Dec. 2024 was NT$710 Mil. Ite Tech's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$731 Mil. Hence, Ite Tech's Days Payable for the three months ended in Dec. 2024 was 88.64.

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

TPE:3014' s Days Payable Range Over the Past 10 Years
Min: 59.42 Med: 81.7 Max: 94.39
Current: 74.45

During the past 13 years, Ite Tech's highest Days Payable was 94.39. The lowest was 59.42. And the median was 81.70.

TPE:3014's Days Payable is ranked better than
68.02% of 985 companies
in the Semiconductors industry
Industry Median: 52.33 vs TPE:3014: 74.45

Ite Tech's Days Payable increased from Dec. 2023 (83.63) to Dec. 2024 (88.64). It may suggest that Ite Tech delayed paying its suppliers.

Ite Tech Days Payable Historical Data

The historical data trend for Ite Tech'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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Ite Tech Days Payable Chart

Ite Tech Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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78.11

82.69

94.39

59.42

81.11

Ite Tech 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															83.63	68.54	66.76	67.38	88.64

Competitive Comparison of Ite Tech's Days Payable

For the Semiconductors subindustry, Ite Tech'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.

Ite Tech's Days Payable Distribution in the Semiconductors Industry

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

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

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Ite Tech 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.

Ite Tech'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
=	( (561.487	+	746.779)	/	2 )	/	2943.506	*	365
=	654.133					/	2943.506	*	365
=	81.11

Ite Tech'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
=	( (672.54	+	746.779)	/	2 )	/	730.518	*	365 / 4
=	709.6595					/	730.518	*	365 / 4
=	88.64

Ite Tech Days Payable Related Terms

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Ite Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Ite Tech Inc (TPE:3014) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 13, Innovation Road I, 3rd Floor, Hsinchu Science Park, Hsinchu, TWN, 30076

Website

https://www.ite.com.tw

Ite Tech Inc is a fabless integrated circuit (IC) design house. The company principally develops, manufactures, and markets integrated circuits. Its product offerings include Super I/O control (SIO) ICs for desktop computers, embedded control (EC) ICs for notebook computers, high-speed audio-video interface related ICs, system on a chip (SoC) and other customized application chips.

Ite Tech Headlines

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