Basso Industry (TPE:1527) Days Payable : 28.19 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Basso Industry Days Payable?

Basso Industry's average Accounts Payable for the three months ended in Mar. 2024 was NT$182 Mil. Basso Industry's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$590 Mil. Hence, Basso Industry's Days Payable for the three months ended in Mar. 2024 was 28.19.

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

TPE:1527' s Days Payable Range Over the Past 10 Years
Min: 26.83 Med: 30.12 Max: 44.67
Current: 29.34

During the past 13 years, Basso Industry's highest Days Payable was 44.67. The lowest was 26.83. And the median was 30.12.

TPE:1527's Days Payable is ranked worse than
89.16% of 2934 companies
in the Industrial Products industry
Industry Median: 76.415 vs TPE:1527: 29.34

Basso Industry's Days Payable increased from Mar. 2023 (21.83) to Mar. 2024 (28.19). It may suggest that Basso Industry delayed paying its suppliers.

Basso Industry Days Payable Historical Data

The historical data trend for Basso Industry'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.

* Premium members only.

Basso Industry Days Payable Chart

Basso Industry Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

37.52

44.67

35.99

27.53

29.84

Basso Industry Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															21.83	29.80	28.36	33.17	28.19

Competitive Comparison of Basso Industry's Days Payable

For the Tools & Accessories subindustry, Basso Industry'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.

Basso Industry's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Basso Industry's Days Payable falls into.

Basso Industry 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.

Basso Industry'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
=	( (150.306	+	193.62)	/	2 )	/	2103.375	*	365
=	171.963					/	2103.375	*	365
=	29.84

Basso Industry's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (193.62	+	170.703)	/	2 )	/	589.554	*	365 / 4
=	182.1615					/	589.554	*	365 / 4
=	28.19

Basso Industry Days Payable Related Terms

Thank you for viewing the detailed overview of Basso Industry's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Basso Industry (TPE:1527) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Basso Industry Corp (TPE:1527) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 24, 36th Road, Taichung Industrial Park, Taichung, TWN, 40768

Website

https://www.basso.com.tw

Basso Industry Corp is a manufacturer of pneumatic fastening tools. The company produces air nailers, air impact wrenches, air ratchet wrenches, air saws, air hammers, air sanders, air drills and screwdrivers, gas nailers, air grinders, and air carton closers. Basso also offers Original Equipment Manufacturing services including design, molding and casting, machining, polishing, painting, and plastic injection services. The company has one reportable segment, the pneumatic hand tool. This segment is mainly involved in manufacturing and selling nail machines and pneumatic tools, providing products, and managing relevant skills.

Basso Industry (TPE:1527) Headlines

No Headlines