United Renewable Energy Co (TPE:3576) Days Payable : 35.68 (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is United Renewable Energy Co Days Payable?

United Renewable Energy Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$609 Mil. United Renewable Energy Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,558 Mil. Hence, United Renewable Energy Co's Days Payable for the three months ended in Mar. 2024 was 35.68.

The historical rank and industry rank for United Renewable Energy Co's Days Payable or its related term are showing as below:

TPE:3576' s Days Payable Range Over the Past 10 Years
Min: 21.79 Med: 33.63 Max: 41.19
Current: 21.79

During the past 13 years, United Renewable Energy Co's highest Days Payable was 41.19. The lowest was 21.79. And the median was 33.63.

TPE:3576's Days Payable is ranked worse than
86.53% of 965 companies
in the Semiconductors industry
Industry Median: 51.8 vs TPE:3576: 21.79

United Renewable Energy Co's Days Payable increased from Mar. 2023 (20.55) to Mar. 2024 (35.68). It may suggest that United Renewable Energy Co delayed paying its suppliers.

United Renewable Energy Co Days Payable Historical Data

The historical data trend for United Renewable Energy Co'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.

United Renewable Energy Co Days Payable Chart

United Renewable Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

33.92

38.74

36.19

27.92

23.80

United Renewable Energy Co 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															20.55	24.37	21.47	19.42	35.68

Competitive Comparison of United Renewable Energy Co's Days Payable

For the Solar subindustry, United Renewable Energy Co'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.

United Renewable Energy Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, United Renewable Energy Co's Days Payable distribution charts can be found below:

* The bar in red indicates where United Renewable Energy Co's Days Payable falls into.

United Renewable Energy Co 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.

United Renewable Energy Co'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
=	( (1194.056	+	668.796)	/	2 )	/	14284.087	*	365
=	931.426					/	14284.087	*	365
=	23.80

United Renewable Energy Co'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
=	( (668.796	+	549.749)	/	2 )	/	1558.367	*	365 / 4
=	609.2725					/	1558.367	*	365 / 4
=	35.68

United Renewable Energy Co Days Payable Related Terms

Thank you for viewing the detailed overview of United Renewable Energy Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

United Renewable Energy Co (TPE:3576) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » United Renewable Energy Co Ltd (TPE:3576) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7, Lixing 3rd Road, Hsinchu Science Park, Hsinchu, TWN, 30078

Website

https://www.urecorp.com

United Renewable Energy Co Ltd manufactures solar cells and modules. The company's solar cell offerings provide specified reverse current, shunt resistance, minimum power loss rate, low breakage rates, and several other benefits. Its modules are built to meet various international certifications, in addition to many different conditions. Bifacial solar cell products are built to take advantage of both vertical and horizontal installations and can be utilized in adverse environments. The company produces other lines of solar cell products that can take advantage of more residential or commercial applications and deliver customized solutions.

United Renewable Energy Co (TPE:3576) Headlines

No Headlines