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Chunghwa Telecom Co (Chunghwa Telecom Co) Days Payable : 31.46 (As of Dec. 2023)


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What is Chunghwa Telecom Co Days Payable?

Chunghwa Telecom Co's average Accounts Payable for the three months ended in Dec. 2023 was $436 Mil. Chunghwa Telecom Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,264 Mil. Hence, Chunghwa Telecom Co's Days Payable for the three months ended in Dec. 2023 was 31.46.

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

CHT' s Days Payable Range Over the Past 10 Years
Min: 33.61   Med: 44.62   Max: 52.13
Current: 33.61

During the past 13 years, Chunghwa Telecom Co's highest Days Payable was 52.13. The lowest was 33.61. And the median was 44.62.

CHT's Days Payable is ranked worse than
84.48% of 348 companies
in the Telecommunication Services industry
Industry Median: 102.36 vs CHT: 33.61

Chunghwa Telecom Co's Days Payable declined from Dec. 2022 (34.78) to Dec. 2023 (31.46). It may suggest that Chunghwa Telecom Co accelerated paying its suppliers.


Chunghwa Telecom Co Days Payable Historical Data

The historical data trend for Chunghwa Telecom 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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Chunghwa Telecom Co Days Payable Chart

Chunghwa Telecom Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.63 39.84 45.47 48.93 40.58

Chunghwa Telecom Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.78 35.73 28.40 32.50 31.46

Competitive Comparison of Chunghwa Telecom Co's Days Payable

For the Telecom Services subindustry, Chunghwa Telecom 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.


Chunghwa Telecom Co's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Chunghwa Telecom Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chunghwa Telecom Co's Days Payable falls into.



Chunghwa Telecom 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.

Chunghwa Telecom 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
=( (535.978 + 460.65) / 2 ) / 4481.801*365
=498.314 / 4481.801*365
=40.58

Chunghwa Telecom Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (411.236 + 460.65) / 2 ) / 1264.413*365 / 4
=435.943 / 1264.413*365 / 4
=31.46

* 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.


Chunghwa Telecom Co Days Payable Related Terms

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Chunghwa Telecom Co (Chunghwa Telecom Co) Business Description

Traded in Other Exchanges
Address
Number 21-3 Hsinyi Road, Section 1, Taipei, TWN, 100
Chunghwa Telecom Co Ltd is Taiwan's largest integrated telecom operator, providing fixed-line, wireless, and Internet and data services. The company enjoys a dominant position in all three segments. It has a market share of 35% in mobile, 85% in broadband, and greater than 95% in the fixed-line segment as measured by the number of local fixed-line subscribers. Chunghwa Telecom was privatized in 2005, with the government retaining 36.3% of the firm's ordinary shares.