Tci Gene (ROCO:6879) Days Payable : 169.40 (As of Dec. 2023)

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What is Tci Gene Days Payable?

Tci Gene's average Accounts Payable for the six months ended in Dec. 2023 was NT$80.9 Mil. Tci Gene's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$87.1 Mil. Hence, Tci Gene's Days Payable for the six months ended in Dec. 2023 was 169.40.

The historical rank and industry rank for Tci Gene's Days Payable or its related term are showing as below:

ROCO:6879' s Days Payable Range Over the Past 10 Years
Min: 117.64 Med: 154.61 Max: 190.2
Current: 169.36

During the past 5 years, Tci Gene's highest Days Payable was 190.20. The lowest was 117.64. And the median was 154.61.

ROCO:6879's Days Payable is ranked better than
53.59% of 724 companies
in the Biotechnology industry
Industry Median: 148.12 vs ROCO:6879: 169.36

Tci Gene's Days Payable increased from Dec. 2022 (147.29) to Dec. 2023 (169.40). It may suggest that Tci Gene delayed paying its suppliers.

Tci Gene Days Payable Historical Data

The historical data trend for Tci Gene'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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Tci Gene Days Payable Chart

Tci Gene Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

154.61

190.20

117.64

132.51

154.97

Tci Gene Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial				85.71	115.99	147.29	185.19	169.40

Competitive Comparison of Tci Gene's Days Payable

For the Biotechnology subindustry, Tci Gene'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.

Tci Gene's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Tci Gene's Days Payable distribution charts can be found below:

* The bar in red indicates where Tci Gene's Days Payable falls into.

Tci Gene 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.

Tci Gene'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
=	( (59.88	+	75.339)	/	2 )	/	159.238	*	365
=	67.6095					/	159.238	*	365
=	154.97

Tci Gene'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (86.436	+	75.339)	/	2 )	/	87.142	*	365 / 2
=	80.8875					/	87.142	*	365 / 2
=	169.40

Tci Gene Days Payable Related Terms

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Tci Gene (ROCO:6879) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Tci Gene Inc (ROCO:6879) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 185-1, Gangqian Rd, 10th FLoor, Neihu District, Taipei, TWN

Website

https://www.genext.me

Tci Gene Inc provides precision preventive medicines in Taiwan. It is the first to introduce the concept of precision preventive medicine with Predict prediction, Prevent prevention, and Personal Treatment personalized health management measures.

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