Edison Opto (TPE:3591) Days Payable : 77.05 (As of Dec. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Edison Opto Days Payable?

Edison Opto's average Accounts Payable for the three months ended in Dec. 2024 was NT$432 Mil. Edison Opto's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$512 Mil. Hence, Edison Opto's Days Payable for the three months ended in Dec. 2024 was 77.05.

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

TPE:3591' s Days Payable Range Over the Past 10 Years
Min: 55.64 Med: 73.6 Max: 84.67
Current: 73.66

During the past 13 years, Edison Opto's highest Days Payable was 84.67. The lowest was 55.64. And the median was 73.60.

TPE:3591's Days Payable is ranked better than
53.76% of 2405 companies
in the Hardware industry
Industry Median: 69.04 vs TPE:3591: 73.66

Edison Opto's Days Payable increased from Dec. 2023 (72.58) to Dec. 2024 (77.05). It may suggest that Edison Opto delayed paying its suppliers.

Edison Opto Days Payable Historical Data

The historical data trend for Edison Opto'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.

Edison Opto Days Payable Chart

Edison Opto Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

81.95

78.41

73.63

71.44

73.56

Edison Opto 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															72.58	78.10	67.45	72.94	77.05

Competitive Comparison of Edison Opto's Days Payable

For the Electronic Components subindustry, Edison Opto'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.

Edison Opto's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Edison Opto's Days Payable falls into.

Save Embed

;

Save Embed

;

Edison Opto 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.

Edison Opto'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
=	( (338.336	+	438.151)	/	2 )	/	1926.389	*	365
=	388.2435					/	1926.389	*	365
=	73.56

Edison Opto'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
=	( (426.514	+	438.151)	/	2 )	/	511.991	*	365 / 4
=	432.3325					/	511.991	*	365 / 4
=	77.05

Edison Opto Days Payable Related Terms

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

Edison Opto Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Edison Opto Corp (TPE:3591) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 17, Qiaohe Road, 17th Floor, Zhonghe District, New Taipei, TWN, 235029

Website

https://www.edison-opto.com.tw

Edison Opto Corp is engaged in manufacturing, selling, research, and development of LED components, modules, and finished products in general lighting and automotive lighting areas. The company's operating segment include The Company; Edison Opto (Dong Guan) Co. Ltd; Yangzhou Edison Opto Corporation; Yangzhou Edison-Litek Opto Corporation; Edison-Litek Opto Corporation and other subsidiaries. It generates maximum revenue from the Company segment. Geographically, it derives a majority of its revenue from China and Taiwan.

Edison Opto Headlines

No Headlines