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Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM)
Days Payable
15.06 (As of Mar. 2016)

Taiwan Semiconductor Manufacturing Co Ltd's payable for the three months ended in Mar. 2016 was $568 Mil. Taiwan Semiconductor Manufacturing Co Ltd's cost of goods sold for the three months ended in Mar. 2016 was $3,442 Mil. Hence, Taiwan Semiconductor Manufacturing Co Ltd's days payable for the three months ended in Mar. 2016 was 15.06.

TSM' s Days Payable Range Over the Past 10 Years
Min: 10.56   Max: 23.92
Current: 15.62

10.56
23.92

During the past 13 years, Taiwan Semiconductor Manufacturing Co Ltd's highest Days Payable was 23.92. The lowest was 10.56. And the median was 19.88.

TSM's Days Payable is ranked lower than
90% of the 774 Companies
in the Global Semiconductors industry.

( Industry Median: 47.66 vs. TSM: 15.62 )

Taiwan Semiconductor Manufacturing Co Ltd's days payable declined from Mar. 2015 (15.07) to Mar. 2016 (15.06). It may suggest that Taiwan Semiconductor Manufacturing Co Ltd accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Taiwan Semiconductor Manufacturing Co Ltd's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=566.484195117/13208.6305485*365
=15.65

Taiwan Semiconductor Manufacturing Co Ltd's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=568.132222884/3441.75303952*365 / 4
=15.06

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Taiwan Semiconductor Manufacturing Co Ltd Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 19.6123.4410.5623.9220.7916.5020.1416.9620.7415.65

Taiwan Semiconductor Manufacturing Co Ltd Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 16.6218.0319.8918.0117.8315.0717.0614.9516.2015.06
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