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Groundhog (TPE:6906) Days Payable : 7.95 (As of Dec. 2024)


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What is Groundhog Days Payable?

Groundhog's average Accounts Payable for the three months ended in Dec. 2024 was NT$1.0 Mil. Groundhog's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$11.9 Mil. Hence, Groundhog's Days Payable for the three months ended in Dec. 2024 was 7.95.

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

TPE:6906' s Days Payable Range Over the Past 10 Years
Min: 0.15   Med: 2.61   Max: 6.11
Current: 6.11

During the past 6 years, Groundhog's highest Days Payable was 6.11. The lowest was 0.15. And the median was 2.61.

TPE:6906's Days Payable is ranked worse than
95.53% of 2553 companies
in the Software industry
Industry Median: 51.71 vs TPE:6906: 6.11

Groundhog's Days Payable increased from Dec. 2023 (4.77) to Dec. 2024 (7.95). It may suggest that Groundhog delayed paying its suppliers.


Groundhog Days Payable Historical Data

The historical data trend for Groundhog'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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Groundhog Days Payable Chart

Groundhog Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial 0.99 1.51 3.70 5.36 6.07

Groundhog Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.77 4.94 4.87 8.22 7.95

Competitive Comparison of Groundhog's Days Payable

For the Information Technology Services subindustry, Groundhog'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.


Groundhog's Days Payable Distribution in the Software Industry

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

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


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Groundhog 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.

Groundhog'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
=( (0.99 + 1.056) / 2 ) / 61.484*365
=1.023 / 61.484*365
=6.07

Groundhog'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
=( (1.02 + 1.056) / 2 ) / 11.909*365 / 4
=1.038 / 11.909*365 / 4
=7.95

* 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.


Groundhog Days Payable Related Terms

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Groundhog Business Description

Traded in Other Exchanges
N/A
Address
No. 42, Section 2, Zhongshan North Road, 2nd Floor, Zhongshan District, Taipei City, TWN
Groundhog Inc is involved in developing, designing, implementing, and installing information software services on the intelligence platform. Its primary product line includes software technical services. It generates the majority of its revenue from India.

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