RichWave Technology (TPE:4968) Days Payable : 63.94 (As of Mar. 2024)

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What is RichWave Technology Days Payable?

RichWave Technology's average Accounts Payable for the three months ended in Mar. 2024 was NT$408 Mil. RichWave Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$582 Mil. Hence, RichWave Technology's Days Payable for the three months ended in Mar. 2024 was 63.94.

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

TPE:4968' s Days Payable Range Over the Past 10 Years
Min: 48.34 Med: 74.73 Max: 103.37
Current: 57.22

During the past 13 years, RichWave Technology's highest Days Payable was 103.37. The lowest was 48.34. And the median was 74.73.

TPE:4968's Days Payable is ranked better than
55.39% of 964 companies
in the Semiconductors industry
Industry Median: 51.78 vs TPE:4968: 57.22

RichWave Technology's Days Payable declined from Mar. 2023 (69.06) to Mar. 2024 (63.94). It may suggest that RichWave Technology accelerated paying its suppliers.

RichWave Technology Days Payable Historical Data

The historical data trend for RichWave 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.

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RichWave Technology Days Payable Chart

RichWave Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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103.37

85.27

58.50

48.34

62.33

RichWave 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															69.06	52.08	53.10	53.08	63.94

Competitive Comparison of RichWave Technology's Days Payable

For the Semiconductors subindustry, RichWave 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.

RichWave Technology's Days Payable Distribution in the Semiconductors Industry

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

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

RichWave 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.

RichWave 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
=	( (388.724	+	356.681)	/	2 )	/	2182.491	*	365
=	372.7025					/	2182.491	*	365
=	62.33

RichWave 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
=	( (356.681	+	458.683)	/	2 )	/	581.852	*	365 / 4
=	407.682					/	581.852	*	365 / 4
=	63.94

RichWave Technology Days Payable Related Terms

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RichWave Technology (TPE:4968) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » RichWave Technology Corp (TPE:4968) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tiding Boulevard, 3rd Floor, No. 1, Alley 20, Lane 407, Section 2, Taipei, TWN, 114

Website

https://www.richwave.com.tw

RichWave Technology Corp is a fabless IC design company. The company is engaged in the design, integration, and manufacturing of RF ICs for wireless communication products. Its product includes a front-end module, power amplifier, switch, and GPS LNA. Its products are used in networking, mobile phones, broadcasting, surveillance, and automotive rearview applications.

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