Optimax Technology (TPE:3051) Days Payable : 27.20 (As of Dec. 2024)

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What is Optimax Technology Days Payable?

Optimax Technology's average Accounts Payable for the three months ended in Dec. 2024 was NT$105 Mil. Optimax Technology's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$351 Mil. Hence, Optimax Technology's Days Payable for the three months ended in Dec. 2024 was 27.20.

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

TPE:3051' s Days Payable Range Over the Past 10 Years
Min: 18.09 Med: 25.03 Max: 39
Current: 29.89

During the past 13 years, Optimax Technology's highest Days Payable was 39.00. The lowest was 18.09. And the median was 25.03.

TPE:3051's Days Payable is ranked worse than
86.94% of 2405 companies
in the Hardware industry
Industry Median: 69.04 vs TPE:3051: 29.89

Optimax Technology's Days Payable declined from Dec. 2023 (42.60) to Dec. 2024 (27.20). It may suggest that Optimax Technology accelerated paying its suppliers.

Optimax Technology Days Payable Historical Data

The historical data trend for Optimax Technology'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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Optimax Technology Days Payable Chart

Optimax Technology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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32.09

24.17

18.42

27.10

39.00

Optimax Technology 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															42.60	41.15	22.36	23.08	27.20

Competitive Comparison of Optimax Technology's Days Payable

For the Electronic Components subindustry, Optimax Technology'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.

Optimax Technology's Days Payable Distribution in the Hardware Industry

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

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

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Optimax Technology 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.

Optimax Technology'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
=	( (134.327	+	120.743)	/	2 )	/	1193.695	*	365
=	127.535					/	1193.695	*	365
=	39.00

Optimax Technology'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
=	( (88.777	+	120.743)	/	2 )	/	351.383	*	365 / 4
=	104.76					/	351.383	*	365 / 4
=	27.20

Optimax Technology Days Payable Related Terms

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Optimax Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Optimax Technology Corp (TPE:3051) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 37, Lane 659, Ping-Dong Road, Pingzhen District, Taoyuan, TWN, 32465

Website

https://www.optimax.com.tw

Optimax Technology Corp operates in the electronic component industry. The company and its subsidiaries are engaged in the manufacturing and selling of polarizers. The company offers products for twisted nematics LCDs, super twisted nematic LCDs, and thin film transistor LCDs.

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