De Poan Pneumatic (ROCO:1570) Days Payable : 55.97 (As of Dec. 2023)

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What is De Poan Pneumatic Days Payable?

De Poan Pneumatic's average Accounts Payable for the three months ended in Dec. 2023 was NT$39.5 Mil. De Poan Pneumatic's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$64.4 Mil. Hence, De Poan Pneumatic's Days Payable for the three months ended in Dec. 2023 was 55.97.

The historical rank and industry rank for De Poan Pneumatic's Days Payable or its related term are showing as below:

ROCO:1570' s Days Payable Range Over the Past 10 Years
Min: 49.67 Med: 57.33 Max: 66.11
Current: 60.15

During the past 13 years, De Poan Pneumatic's highest Days Payable was 66.11. The lowest was 49.67. And the median was 57.33.

ROCO:1570's Days Payable is ranked worse than
61.72% of 2931 companies
in the Industrial Products industry
Industry Median: 76.43 vs ROCO:1570: 60.15

De Poan Pneumatic's Days Payable increased from Dec. 2022 (55.91) to Dec. 2023 (55.97). It may suggest that De Poan Pneumatic delayed paying its suppliers.

De Poan Pneumatic Days Payable Historical Data

The historical data trend for De Poan Pneumatic'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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De Poan Pneumatic Days Payable Chart

De Poan Pneumatic Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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50.28

59.85

61.83

63.41

66.11

De Poan Pneumatic 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															55.91	53.91	60.81	67.37	55.97

Competitive Comparison of De Poan Pneumatic's Days Payable

For the Tools & Accessories subindustry, De Poan Pneumatic'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.

De Poan Pneumatic's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, De Poan Pneumatic's Days Payable distribution charts can be found below:

* The bar in red indicates where De Poan Pneumatic's Days Payable falls into.

De Poan Pneumatic 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.

De Poan Pneumatic'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
=	( (62.226	+	47.339)	/	2 )	/	302.447	*	365
=	54.7825					/	302.447	*	365
=	66.11

De Poan Pneumatic'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
=	( (31.628	+	47.339)	/	2 )	/	64.369	*	365 / 4
=	39.4835					/	64.369	*	365 / 4
=	55.97

De Poan Pneumatic Days Payable Related Terms

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De Poan Pneumatic (ROCO:1570) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » De Poan Pneumatic Corp (ROCO:1570) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 81, Museum Road, Ba-Li Shiang, Taipei, TWN, 24947

Website

http://www.depoan.com

De Poan Pneumatic Corp is engaged in the manufacture and distribution of nailing and stapling products in Taiwan. Its products include coil nailer, cordless nailer, framing nailer, brad nailer, stapler, pinner, hand tool, air sanders and polishers among others.

De Poan Pneumatic (ROCO:1570) Headlines

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