China Metal Products Co (TPE:1532) Days Payable : 97.69 (As of Dec. 2023)

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

What is China Metal Products Co Days Payable?

China Metal Products Co's average Accounts Payable for the three months ended in Dec. 2023 was NT$3,704 Mil. China Metal Products Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$3,460 Mil. Hence, China Metal Products Co's Days Payable for the three months ended in Dec. 2023 was 97.69.

The historical rank and industry rank for China Metal Products Co's Days Payable or its related term are showing as below:

TPE:1532' s Days Payable Range Over the Past 10 Years
Min: 43.64 Med: 72.19 Max: 104.5
Current: 88.13

During the past 13 years, China Metal Products Co's highest Days Payable was 104.50. The lowest was 43.64. And the median was 72.19.

TPE:1532's Days Payable is ranked better than
57.11% of 2931 companies
in the Industrial Products industry
Industry Median: 76.43 vs TPE:1532: 88.13

China Metal Products Co's Days Payable declined from Dec. 2022 (105.77) to Dec. 2023 (97.69). It may suggest that China Metal Products Co accelerated paying its suppliers.

China Metal Products Co Days Payable Historical Data

The historical data trend for China Metal Products 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.

* Premium members only.

China Metal Products Co Days Payable Chart

China Metal Products Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

89.89

98.27

76.25

104.50

97.10

China Metal Products 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	Get a 7-Day Free Trial															105.77	115.01	74.39	69.71	97.69

Competitive Comparison of China Metal Products Co's Days Payable

For the Metal Fabrication subindustry, China Metal Products 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.

China Metal Products Co's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where China Metal Products Co's Days Payable falls into.

China Metal Products 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.

China Metal Products 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
=	( (3070.242	+	4113.217)	/	2 )	/	13501.665	*	365
=	3591.7295					/	13501.665	*	365
=	97.10

China Metal Products 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
=	( (3294.767	+	4113.217)	/	2 )	/	3459.641	*	365 / 4
=	3703.992					/	3459.641	*	365 / 4
=	97.69

China Metal Products Co Days Payable Related Terms

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

China Metal Products Co (TPE:1532) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Metal Products Co Ltd (TPE:1532) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 85, Ren'ai Road, 4th Floor, Section 4, Daan District, Taipei, TWN, 106

Website

http://www.cmp.com.tw

China Metal Products Co Ltd is a Taiwan-based company that operates in three segments, namely Metal Manufacturing, which focuses on the development and selling of cast iron products; Real Estate Development, which focuses on the development and selling of residents and commercial buildings; and Lifestyle Hospitality segment focuses on retailing, amusement park, and hotel operating. Metal Manufacturing generates the majority of its revenue. The company's geographical segments include Taiwan, the United States, Japan, China, Europe, South America, and Others.

China Metal Products Co (TPE:1532) Headlines

No Headlines