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Taiwan Mask (TPE:2338) Days Payable : 26.15 (As of Mar. 2024)


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What is Taiwan Mask Days Payable?

Taiwan Mask's average Accounts Payable for the three months ended in Mar. 2024 was NT$436 Mil. Taiwan Mask's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,520 Mil. Hence, Taiwan Mask's Days Payable for the three months ended in Mar. 2024 was 26.15.

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

TPE:2338' s Days Payable Range Over the Past 10 Years
Min: 21.71   Med: 30.93   Max: 38.73
Current: 25.76

During the past 13 years, Taiwan Mask's highest Days Payable was 38.73. The lowest was 21.71. And the median was 30.93.

TPE:2338's Days Payable is ranked worse than
81.12% of 964 companies
in the Semiconductors industry
Industry Median: 51.69 vs TPE:2338: 25.76

Taiwan Mask's Days Payable declined from Mar. 2023 (29.77) to Mar. 2024 (26.15). It may suggest that Taiwan Mask accelerated paying its suppliers.


Taiwan Mask Days Payable Historical Data

The historical data trend for Taiwan Mask'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.

Taiwan Mask Days Payable Chart

Taiwan Mask Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.73 37.59 34.19 28.94 29.99

Taiwan Mask 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.77 25.85 26.09 27.43 26.15

Competitive Comparison of Taiwan Mask's Days Payable

For the Semiconductor Equipment & Materials subindustry, Taiwan Mask'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 Mask's Days Payable Distribution in the Semiconductors Industry

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

* The bar in red indicates where Taiwan Mask's Days Payable falls into.



Taiwan Mask 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 Mask'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
=( (417.459 + 463.892) / 2 ) / 5363.566*365
=440.6755 / 5363.566*365
=29.99

Taiwan Mask'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
=( (463.892 + 407.316) / 2 ) / 1519.846*365 / 4
=435.604 / 1519.846*365 / 4
=26.15

* 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.


Taiwan Mask Days Payable Related Terms

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Taiwan Mask (TPE:2338) Business Description

Traded in Other Exchanges
N/A
Address
No. 11, Chuangxin 1st Road, Baoshan, Hsinchu Science Park, Hsinchu, TWN
Taiwan Mask Corp manufactures and markets masks for semiconductor production. It also engages in providing technical support, consulting, testing, maintenance, and repairing of masks and circuits. It is involved in manufacturing and selling medical wares. Its product segment comprises Photomask and semiconductor segment and Medical segment. The majority of revenue gets derived from Photomask and semiconductor segment.

Taiwan Mask (TPE:2338) Headlines

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