Elite Advanced Laser (TPE:3450) Days Payable : 67.85 (As of Dec. 2024)

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What is Elite Advanced Laser Days Payable?

Elite Advanced Laser's average Accounts Payable for the three months ended in Dec. 2024 was NT$1,224 Mil. Elite Advanced Laser's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$1,646 Mil. Hence, Elite Advanced Laser's Days Payable for the three months ended in Dec. 2024 was 67.85.

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

TPE:3450' s Days Payable Range Over the Past 10 Years
Min: 59.65 Med: 66.17 Max: 68.92
Current: 62.91

During the past 13 years, Elite Advanced Laser's highest Days Payable was 68.92. The lowest was 59.65. And the median was 66.17.

TPE:3450's Days Payable is ranked better than
61.1% of 982 companies
in the Semiconductors industry
Industry Median: 52.445 vs TPE:3450: 62.91

Elite Advanced Laser's Days Payable increased from Dec. 2023 (56.87) to Dec. 2024 (67.85). It may suggest that Elite Advanced Laser delayed paying its suppliers.

Elite Advanced Laser Days Payable Historical Data

The historical data trend for Elite Advanced Laser'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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Elite Advanced Laser Days Payable Chart

Elite Advanced Laser Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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65.86

66.63

64.66

62.22

66.53

Elite Advanced Laser 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															56.87	62.55	56.01	60.49	67.85

Competitive Comparison of Elite Advanced Laser's Days Payable

For the Semiconductor Equipment & Materials subindustry, Elite Advanced Laser'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.

Elite Advanced Laser's Days Payable Distribution in the Semiconductors Industry

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

* The bar in red indicates where Elite Advanced Laser's Days Payable falls into.

Elite Advanced Laser 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.

Elite Advanced Laser'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
=	( (689.382	+	1317.971)	/	2 )	/	5506.545	*	365
=	1003.6765					/	5506.545	*	365
=	66.53

Elite Advanced Laser'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
=	( (1129.979	+	1317.971)	/	2 )	/	1646.14	*	365 / 4
=	1223.975					/	1646.14	*	365 / 4
=	67.85

Elite Advanced Laser Days Payable Related Terms

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Elite Advanced Laser Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Elite Advanced Laser Corp (TPE:3450) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

10th Floor, 35 Qiao'an Street, Zhonghe District, New Taipei City, TWN, 235026

Website

http://www.elaser.com.tw

Elite Advanced Laser Corp is a Taiwanese technology company. The reportable segments of the company are the Optoelectronics industry and the Semiconductor segment. The company generates the majority of its revenue from the Semiconductor segment.

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