Formosa Epitaxyorporation (TPE:3061) Days Payable : 50.72 (As of Sep. 2014)

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What is Formosa Epitaxyorporation Days Payable?

Formosa Epitaxyorporation's average Accounts Payable for the three months ended in Sep. 2014 was NT$999 Mil. Formosa Epitaxyorporation's Cost of Goods Sold for the three months ended in Sep. 2014 was NT$1,797 Mil. Hence, Formosa Epitaxyorporation's Days Payable for the three months ended in Sep. 2014 was 50.72.

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

TPE:3061' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 61.64
Current: 61.64

During the past 5 years, Formosa Epitaxyorporation's highest Days Payable was 61.64. The lowest was 0.00. And the median was 0.00.

TPE:3061's Days Payable is not ranked
in the Semiconductors industry.
Industry Median: 51.69 vs TPE:3061: 61.64

Formosa Epitaxyorporation's Days Payable declined from Sep. 2013 (52.40) to Sep. 2014 (50.72). It may suggest that Formosa Epitaxyorporation accelerated paying its suppliers.

Formosa Epitaxyorporation Days Payable Historical Data

The historical data trend for Formosa Epitaxyorporation'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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Formosa Epitaxyorporation Days Payable Chart

Formosa Epitaxyorporation Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Days Payable

72.49

70.01

56.26

41.54

45.38

Formosa Epitaxyorporation Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Days Payable	Get a 7-Day Free Trial											52.40	56.55	46.23	46.72	50.72

Competitive Comparison of Formosa Epitaxyorporation's Days Payable

For the Semiconductors subindustry, Formosa Epitaxyorporation'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.

Formosa Epitaxyorporation's Days Payable Distribution in the Semiconductors Industry

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

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

Formosa Epitaxyorporation 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.

Formosa Epitaxyorporation's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

	Days Payable (A: Dec. 2013 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2012 )	+	Accounts Payable (A: Dec. 2013 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2013 )	*	Days in Period
=	( (631.593	+	652.727)	/	2 )	/	5164.791	*	365
=	642.16					/	5164.791	*	365
=	45.38

Formosa Epitaxyorporation's Days Payable for the quarter that ended in Sep. 2014 is calculated as:

	Days Payable (Q: Sep. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2014 )	+	Accounts Payable (Q: Sep. 2014 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2014 )	*	Days in Period
=	( (989.561	+	1007.754)	/	2 )	/	1796.745	*	365 / 4
=	998.6575					/	1796.745	*	365 / 4
=	50.72

Formosa Epitaxyorporation Days Payable Related Terms

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Formosa Epitaxyorporation (TPE:3061) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Formosa Epitaxy Incorporation (TPE:3061) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.forepi.com.tw

Formosa Epitaxy Incorporation manufactures & distributes indium gallium nitride wafers & chips. Its products include InGaN wafers, green InGaN wafers & ultraviolet InGaN wafers which are used in display panels, automobile parts & other applications.

Formosa Epitaxyorporation (TPE:3061) Headlines

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