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Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM)
Days Payable
18.01 (As of Sep. 2014)

Taiwan Semiconductor Manufacturing Co Ltd's payable for the three months ended in Sep. 2014 was $678 Mil. Taiwan Semiconductor Manufacturing Co Ltd's cost of goods sold for the three months ended in Sep. 2014 was $3,434 Mil. Hence, Taiwan Semiconductor Manufacturing Co Ltd's days payable for the three months ended in Sep. 2014 was 18.01.

Taiwan Semiconductor Manufacturing Co Ltd's days payable increased from Sep. 2013 (14.71) to Sep. 2014 (18.01). It may suggest that Taiwan Semiconductor Manufacturing Co Ltd delayed 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. 2013 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=493.567271137/10620.1729301*365
=16.96

Taiwan Semiconductor Manufacturing Co Ltd's Days Payable for the quarter that ended in Sep. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=677.665294879/3433.94391159*365 / 4
=18.01

* 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

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 18.7923.1819.6023.4410.5923.9220.7916.5020.1416.96

Taiwan Semiconductor Manufacturing Co Ltd Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
DaysPayable 19.6617.3719.0315.8016.5314.7116.6118.0319.8918.01
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