GEM Services (TPE:6525) Days Payable : 63.05 (As of Mar. 2024)

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What is GEM Services Days Payable?

GEM Services's average Accounts Payable for the three months ended in Mar. 2024 was NT$583 Mil. GEM Services's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$843 Mil. Hence, GEM Services's Days Payable for the three months ended in Mar. 2024 was 63.05.

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

TPE:6525' s Days Payable Range Over the Past 10 Years
Min: 33.15 Med: 67.85 Max: 77.77
Current: 62.65

During the past 11 years, GEM Services's highest Days Payable was 77.77. The lowest was 33.15. And the median was 67.85.

TPE:6525's Days Payable is ranked better than
60.48% of 964 companies
in the Semiconductors industry
Industry Median: 51.69 vs TPE:6525: 62.65

GEM Services's Days Payable declined from Mar. 2023 (73.31) to Mar. 2024 (63.05). It may suggest that GEM Services accelerated paying its suppliers.

GEM Services Days Payable Historical Data

The historical data trend for GEM Services'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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GEM Services Days Payable Chart

GEM Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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77.40

77.77

76.14

68.68

67.02

GEM Services 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															73.31	63.53	64.40	61.71	63.05

Competitive Comparison of GEM Services's Days Payable

For the Semiconductor Equipment & Materials subindustry, GEM Services'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.

GEM Services's Days Payable Distribution in the Semiconductors Industry

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

* The bar in red indicates where GEM Services's Days Payable falls into.

GEM Services 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.

GEM Services'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
=	( (680.475	+	592.455)	/	2 )	/	3466.447	*	365
=	636.465					/	3466.447	*	365
=	67.02

GEM Services'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
=	( (592.455	+	572.594)	/	2 )	/	843.033	*	365 / 4
=	582.5245					/	843.033	*	365 / 4
=	63.05

GEM Services Days Payable Related Terms

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GEM Services (TPE:6525) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GEM Services Inc (TPE:6525) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Harbour Place, PO Box 472, 2nd Floor, Grand Cayman, CYM, 1106

Website

https://www.gemservices.com

GEM Services Inc is a power semiconductor packaging and testing services provider. Its products are used in consumer electronics, communication devices, computing, industrial and automotive applications. The company's portfolio of services covers packaging development, wafer processing, assembling services, electrical tests, logistic services, and reliability testing. Geographically company mainly operates in two regions that are Taiwan and China where it generates the majority of its revenue from Taiwan.

GEM Services (TPE:6525) Headlines

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