Taiwan Semiconductor Manufacturing Co (Taiwan Semiconductor Manufacturing Co) Days Payable

: 78.16 (As of Dec. 2023)

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Taiwan Semiconductor Manufacturing Co's average Accounts Payable for the three months ended in Dec. 2023 was $8,051 Mil. Taiwan Semiconductor Manufacturing Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $9,400 Mil. Hence, Taiwan Semiconductor Manufacturing Co's Days Payable for the three months ended in Dec. 2023 was 78.16.

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

TSM' s Days Payable Range Over the Past 10 Years
Min: 39.38 Med: 76.75 Max: 109.35
Current: 86.63

During the past 13 years, Taiwan Semiconductor Manufacturing Co's highest Days Payable was 109.35. The lowest was 39.38. And the median was 76.75.

TSM's Days Payable is ranked better than
73.23% of 960 companies
in the Semiconductors industry
Industry Median: 51.635 vs TSM: 86.63

Taiwan Semiconductor Manufacturing Co's Days Payable declined from Dec. 2022 (93.41) to Dec. 2023 (78.16). It may suggest that Taiwan Semiconductor Manufacturing Co accelerated paying its suppliers.

Taiwan Semiconductor Manufacturing Co Days Payable Historical Data

The historical data trend for Taiwan Semiconductor Manufacturing 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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Taiwan Semiconductor Manufacturing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

80.43

105.81

91.89

96.00

92.64

Taiwan Semiconductor Manufacturing 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																93.41	96.75	81.53	87.37	78.16

Competitive Comparison

For the Semiconductors subindustry, Taiwan Semiconductor Manufacturing 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.

Taiwan Semiconductor Manufacturing Co Days Payable Distribution

For the Semiconductors industry and Technology sector, Taiwan Semiconductor Manufacturing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Taiwan Semiconductor Manufacturing Co's Days Payable falls into.

Taiwan Semiconductor Manufacturing 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.

Taiwan Semiconductor Manufacturing 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
=	( (8755.572	+	7270.416)	/	2 )	/	31570.491	*	365
=	8012.994					/	31570.491	*	365
=	92.64

Taiwan Semiconductor Manufacturing 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
=	( (8831.737	+	7270.416)	/	2 )	/	9399.898	*	365 / 4
=	8051.0765					/	9399.898	*	365 / 4
=	78.16

Taiwan Semiconductor Manufacturing Co Days Payable Related Terms

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Taiwan Semiconductor Manufacturing Co (Taiwan Semiconductor Manufacturing Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

2330:Taiwan TSM N:Mexico 0LCV:UK TSFA:Germany TSFA:Germany TSMC34:Brazil TSFA:Austria TSM:Argentina

Address

No. 8, Li-Hsin Road 6, Hsinchu Science Park, Hsinchu, TWN, 300-096

Website

https://www.tsmc.com

Taiwan Semiconductor Manufacturing Co. is the world's largest dedicated chip foundry, with almost 60% market share. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public as an ADR in the U.S. in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious customer base, including Apple, AMD, and Nvidia, that looks to apply cutting-edge process technologies to its semiconductor designs. TSMC employs more than 73,000 people.