Radiant Opto-Electronics (TPE:6176) Days Payable : 93.22 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Radiant Opto-Electronics Days Payable?

Radiant Opto-Electronics's average Accounts Payable for the three months ended in Mar. 2024 was NT$8,902 Mil. Radiant Opto-Electronics's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$8,714 Mil. Hence, Radiant Opto-Electronics's Days Payable for the three months ended in Mar. 2024 was 93.22.

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

TPE:6176' s Days Payable Range Over the Past 10 Years
Min: 77.88 Med: 91.82 Max: 110.38
Current: 81.05

During the past 13 years, Radiant Opto-Electronics's highest Days Payable was 110.38. The lowest was 77.88. And the median was 91.82.

TPE:6176's Days Payable is ranked better than
60.31% of 2421 companies
in the Hardware industry
Industry Median: 67.77 vs TPE:6176: 81.05

Radiant Opto-Electronics's Days Payable increased from Mar. 2023 (89.22) to Mar. 2024 (93.22). It may suggest that Radiant Opto-Electronics delayed paying its suppliers.

Radiant Opto-Electronics Days Payable Historical Data

The historical data trend for Radiant Opto-Electronics'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.

Radiant Opto-Electronics Days Payable Chart

Radiant Opto-Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

97.35

81.41

86.91

77.88

95.84

Radiant Opto-Electronics 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															89.22	61.88	86.43	93.36	93.22

Competitive Comparison of Radiant Opto-Electronics's Days Payable

For the Electronic Components subindustry, Radiant Opto-Electronics'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.

Radiant Opto-Electronics's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Radiant Opto-Electronics's Days Payable falls into.

Radiant Opto-Electronics 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.

Radiant Opto-Electronics'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
=	( (9462.337	+	9027.822)	/	2 )	/	35210.978	*	365
=	9245.0795					/	35210.978	*	365
=	95.84

Radiant Opto-Electronics'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
=	( (9027.822	+	8776.539)	/	2 )	/	8714.214	*	365 / 4
=	8902.1805					/	8714.214	*	365 / 4
=	93.22

Radiant Opto-Electronics Days Payable Related Terms

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

Radiant Opto-Electronics (TPE:6176) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Radiant Opto-Electronics Corp (TPE:6176) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Central 6th Road, Qianzhen District, Kaohsiung City, TWN

Website

https://www.radiant.com.tw

Radiant Opto-Electronics Corp is a Taiwan-based company that is principally engaged in designing, manufacturing, assembling, and marketing backlight modules. The Group has two reportable segments: the domestic segment and Mainland China segment. The domestic segment engages in the manufacture and sale of light guide plates, backlight modules for LCDs, and lighting component. The Mainland China segment uses the technologies provided by the domestic segment to develop new designs of products according to the demands of various customers. Majority of revenue is generated from Mainland China.

Radiant Opto-Electronics (TPE:6176) Headlines

No Headlines