RiTdisplay (TPE:8104) Days Payable : 91.22 (As of Dec. 2024)

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What is RiTdisplay Days Payable?

RiTdisplay's average Accounts Payable for the three months ended in Dec. 2024 was NT$419 Mil. RiTdisplay's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$419 Mil. Hence, RiTdisplay's Days Payable for the three months ended in Dec. 2024 was 91.22.

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

TPE:8104' s Days Payable Range Over the Past 10 Years
Min: 78.28 Med: 95.32 Max: 114.86
Current: 78.28

During the past 12 years, RiTdisplay's highest Days Payable was 114.86. The lowest was 78.28. And the median was 95.32.

TPE:8104's Days Payable is ranked better than
57.13% of 2405 companies
in the Hardware industry
Industry Median: 69.04 vs TPE:8104: 78.28

RiTdisplay's Days Payable increased from Dec. 2023 (62.97) to Dec. 2024 (91.22). It may suggest that RiTdisplay delayed paying its suppliers.

RiTdisplay Days Payable Historical Data

The historical data trend for RiTdisplay'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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RiTdisplay Days Payable Chart

RiTdisplay Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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112.93

88.99

87.35

83.74

89.32

RiTdisplay Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															62.97	79.00	64.76	69.46	91.22

Competitive Comparison of RiTdisplay's Days Payable

For the Electronic Components subindustry, RiTdisplay'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.

RiTdisplay's Days Payable Distribution in the Hardware Industry

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

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

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RiTdisplay 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.

RiTdisplay'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
=	( (440.852	+	462.015)	/	2 )	/	1844.763	*	365
=	451.4335					/	1844.763	*	365
=	89.32

RiTdisplay'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
=	( (376.232	+	462.015)	/	2 )	/	419.251	*	365 / 4
=	419.1235					/	419.251	*	365 / 4
=	91.22

RiTdisplay Days Payable Related Terms

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RiTdisplay Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » RiTdisplay Corp (TPE:8104) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 12, Kuanfu North Road, Hsinchu Industrial Park, Hukou Township, Hsinchu, TWN, 30351

Website

https://www.ritdisplay.com

RiTdisplay Corp is engaged in the research development and manufacturing of the organic light-emitting diode. RiTdisplay combines technologies, R&D, and sales and marketing strategies to provide flat-panel display products to its customers. Geographically, it derives a majority of its revenue from China and also has a presence in America; Taiwan, and Other countries.

RiTdisplay Headlines

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