Inventec Besta Co (TPE:8201) Days Payable : 82.59 (As of Mar. 2024)

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What is Inventec Besta Co Days Payable?

Inventec Besta Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$76.7 Mil. Inventec Besta Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$84.7 Mil. Hence, Inventec Besta Co's Days Payable for the three months ended in Mar. 2024 was 82.59.

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

TPE:8201' s Days Payable Range Over the Past 10 Years
Min: 53.91 Med: 67.85 Max: 90.67
Current: 90.67

During the past 13 years, Inventec Besta Co's highest Days Payable was 90.67. The lowest was 53.91. And the median was 67.85.

TPE:8201's Days Payable is ranked better than
65.95% of 2426 companies
in the Hardware industry
Industry Median: 68.08 vs TPE:8201: 90.67

Inventec Besta Co's Days Payable increased from Mar. 2023 (63.43) to Mar. 2024 (82.59). It may suggest that Inventec Besta Co delayed paying its suppliers.

Inventec Besta Co Days Payable Historical Data

The historical data trend for Inventec Besta Co'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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Inventec Besta Co Days Payable Chart

Inventec Besta Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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77.54

57.24

68.42

67.27

80.17

Inventec Besta Co 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															63.43	80.00	112.83	119.41	82.59

Competitive Comparison of Inventec Besta Co's Days Payable

For the Consumer Electronics subindustry, Inventec Besta Co'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.

Inventec Besta Co's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Inventec Besta Co's Days Payable falls into.

Inventec Besta Co 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.

Inventec Besta Co'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
=	( (92.945	+	99.167)	/	2 )	/	437.342	*	365
=	96.056					/	437.342	*	365
=	80.17

Inventec Besta Co'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
=	( (99.167	+	54.21)	/	2 )	/	84.729	*	365 / 4
=	76.6885					/	84.729	*	365 / 4
=	82.59

Inventec Besta Co Days Payable Related Terms

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Inventec Besta Co (TPE:8201) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Inventec Besta Co Ltd (TPE:8201) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

111, No. 166, Section 4, Chengde Road, Floor 2, Shilin District, Taipei, TWN

Website

https://www.besta.com.tw

Inventec Besta Co Ltd is engaged in the business of manufacturing and distributing electronic dictionaries and related digital products. The company offers electronic dictionaries, digital commodities, music players, electronic books, and other products. The company markets its products in Taiwan, Japan, China, Singapore, Mexico, and other countries.

Inventec Besta Co (TPE:8201) Headlines

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