Trade-Van Information Services Co (TPE:6183) Days Payable : 36.30 (As of Dec. 2023)

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What is Trade-Van Information Services Co Days Payable?

Trade-Van Information Services Co's average Accounts Payable for the three months ended in Dec. 2023 was NT$171 Mil. Trade-Van Information Services Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$430 Mil. Hence, Trade-Van Information Services Co's Days Payable for the three months ended in Dec. 2023 was 36.30.

The historical rank and industry rank for Trade-Van Information Services Co's Days Payable or its related term are showing as below:

TPE:6183' s Days Payable Range Over the Past 10 Years
Min: 37.09 Med: 51.91 Max: 57.98
Current: 44.18

During the past 13 years, Trade-Van Information Services Co's highest Days Payable was 57.98. The lowest was 37.09. And the median was 51.91.

TPE:6183's Days Payable is ranked worse than
52.92% of 924 companies
in the Business Services industry
Industry Median: 47.08 vs TPE:6183: 44.18

Trade-Van Information Services Co's Days Payable declined from Dec. 2022 (36.97) to Dec. 2023 (36.30). It may suggest that Trade-Van Information Services Co accelerated paying its suppliers.

Trade-Van Information Services Co Days Payable Historical Data

The historical data trend for Trade-Van Information Services 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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Trade-Van Information Services Co Days Payable Chart

Trade-Van Information Services Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

57.07

49.40

52.21

55.68

51.61

Trade-Van Information Services 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															36.97	46.60	47.06	42.53	36.30

Competitive Comparison of Trade-Van Information Services Co's Days Payable

For the Specialty Business Services subindustry, Trade-Van Information Services 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.

Trade-Van Information Services Co's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Trade-Van Information Services Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Trade-Van Information Services Co's Days Payable falls into.

Trade-Van Information Services 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.

Trade-Van Information Services 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
=	( (164.05	+	199.287)	/	2 )	/	1284.798	*	365
=	181.6685					/	1284.798	*	365
=	51.61

Trade-Van Information Services 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
=	( (143.166	+	199.287)	/	2 )	/	430.379	*	365 / 4
=	171.2265					/	430.379	*	365 / 4
=	36.30

Trade-Van Information Services Co Days Payable Related Terms

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Trade-Van Information Services Co (TPE:6183) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Trade-Van Information Services Co Ltd (TPE:6183) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19-13, Sanchong Road, 6th Floor, Nangang District, Taipei, TWN, 115

Website

https://www.trade-van.com

Trade-Van Information Services Co Ltd is a Taiwan-based company. The company has only one reportable segment that is providing electronic data exchanging and related services. The group earns revenue in the form of Electronic data exchanging services, project services, and Equipment managing services.

Trade-Van Information Services Co (TPE:6183) Headlines

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