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Advanced Optoelectronic Technology (TPE:3437) Days Payable : 76.93 (As of Mar. 2024)


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What is Advanced Optoelectronic Technology Days Payable?

Advanced Optoelectronic Technology's average Accounts Payable for the three months ended in Mar. 2024 was NT$357 Mil. Advanced Optoelectronic Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$424 Mil. Hence, Advanced Optoelectronic Technology's Days Payable for the three months ended in Mar. 2024 was 76.93.

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

TPE:3437' s Days Payable Range Over the Past 10 Years
Min: 72.98   Med: 106.23   Max: 116.97
Current: 95.77

During the past 13 years, Advanced Optoelectronic Technology's highest Days Payable was 116.97. The lowest was 72.98. And the median was 106.23.

TPE:3437's Days Payable is ranked better than
75.93% of 964 companies
in the Semiconductors industry
Industry Median: 51.78 vs TPE:3437: 95.77

Advanced Optoelectronic Technology's Days Payable declined from Mar. 2023 (95.61) to Mar. 2024 (76.93). It may suggest that Advanced Optoelectronic Technology accelerated paying its suppliers.


Advanced Optoelectronic Technology Days Payable Historical Data

The historical data trend for Advanced Optoelectronic 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.

* Premium members only.

Advanced Optoelectronic Technology Days Payable Chart

Advanced Optoelectronic Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 105.62 72.98 101.05 116.97 80.36

Advanced Optoelectronic Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 95.61 116.23 98.61 99.63 76.93

Competitive Comparison of Advanced Optoelectronic Technology's Days Payable

For the Semiconductors subindustry, Advanced Optoelectronic 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.


Advanced Optoelectronic Technology's Days Payable Distribution in the Semiconductors Industry

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

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



Advanced Optoelectronic 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.

Advanced Optoelectronic Technology's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (336.084 + 364.032) / 2 ) / 1590.023*365
=350.058 / 1590.023*365
=80.36

Advanced Optoelectronic Technology'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: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (364.032 + 350.195) / 2 ) / 423.596*365 / 4
=357.1135 / 423.596*365 / 4
=76.93

* 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.


Advanced Optoelectronic Technology Days Payable Related Terms

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Advanced Optoelectronic Technology (TPE:3437) Business Description

Traded in Other Exchanges
N/A
Address
No. 13, Gongye 5th Road, Hsinchu Industrial Park, Hukou Shiang, Hsinchu Hsien, TWN, 303
Advanced Optoelectronic Technology is focused on the research and development, testing, manufacturing and sale of LEDs, as well as the import/export and trading of raw materials and semi-finished products., . The company's product portfolio comprises surface mount light-emitting diodes (SMD LED) and light module applications, sensing components, and automotive lighting.

Advanced Optoelectronic Technology (TPE:3437) Headlines

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