Ubiqconn Technology (TPE:6928) Days Payable : 49.74 (As of Mar. 2024)

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What is Ubiqconn Technology Days Payable?

Ubiqconn Technology's average Accounts Payable for the three months ended in Mar. 2024 was NT$1,431 Mil. Ubiqconn Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$2,626 Mil. Hence, Ubiqconn Technology's Days Payable for the three months ended in Mar. 2024 was 49.74.

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

TPE:6928' s Days Payable Range Over the Past 10 Years
Min: 58.28 Med: 96.32 Max: 151.33
Current: 150.29

During the past 5 years, Ubiqconn Technology's highest Days Payable was 151.33. The lowest was 58.28. And the median was 96.32.

TPE:6928's Days Payable is ranked better than
78.13% of 2524 companies
in the Software industry
Industry Median: 49.575 vs TPE:6928: 150.29

Ubiqconn Technology's Days Payable increased from Mar. 2023 (17.52) to Mar. 2024 (49.74). It may suggest that Ubiqconn Technology delayed paying its suppliers.

Ubiqconn Technology Days Payable Historical Data

The historical data trend for Ubiqconn 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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Ubiqconn Technology Days Payable Chart

Ubiqconn Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

96.72

151.33

96.32

81.33

58.28

Ubiqconn Technology Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial							17.52	-	71.92	73.47	49.74

Competitive Comparison of Ubiqconn Technology's Days Payable

For the Information Technology Services subindustry, Ubiqconn 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.

Ubiqconn Technology's Days Payable Distribution in the Software Industry

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

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

Ubiqconn 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.

Ubiqconn 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
=	( (557.382	+	377.14)	/	2 )	/	2926.502	*	365
=	467.261					/	2926.502	*	365
=	58.28

Ubiqconn 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
=	( (377.14	+	2485.423)	/	2 )	/	2625.974	*	365 / 4
=	1431.2815					/	2625.974	*	365 / 4
=	49.74

Ubiqconn Technology Days Payable Related Terms

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Ubiqconn Technology (TPE:6928) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ubiqconn Technology Inc (TPE:6928) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.300, Yangguang Street, 4th Floor Neihu District, Taipei City, TWN, 11491

Website

https://www.ubiqconn.com

Ubiqconn Technology Inc provides rugged mobile solutions with a focus on key industries, such as SATCOM, Agriculture, Logistics, Maritime, Transportation, and Government. It provides value-added ODM/OEM services in different vertical markets, as well as rugged solutions for its own brand RuggON.

Ubiqconn Technology (TPE:6928) Headlines

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