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Da Cin Construction Co (TPE:2535) Days Payable : 117.64 (As of Mar. 2024)


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What is Da Cin Construction Co Days Payable?

Da Cin Construction Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$4,087 Mil. Da Cin Construction Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$3,171 Mil. Hence, Da Cin Construction Co's Days Payable for the three months ended in Mar. 2024 was 117.64.

The historical rank and industry rank for Da Cin Construction Co's Days Payable or its related term are showing as below:

TPE:2535' s Days Payable Range Over the Past 10 Years
Min: 103.63   Med: 119.13   Max: 152.62
Current: 110.55

During the past 13 years, Da Cin Construction Co's highest Days Payable was 152.62. The lowest was 103.63. And the median was 119.13.

TPE:2535's Days Payable is ranked better than
66.19% of 1609 companies
in the Construction industry
Industry Median: 76.36 vs TPE:2535: 110.55

Da Cin Construction Co's Days Payable declined from Mar. 2023 (136.70) to Mar. 2024 (117.64). It may suggest that Da Cin Construction Co accelerated paying its suppliers.


Da Cin Construction Co Days Payable Historical Data

The historical data trend for Da Cin Construction 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.

Da Cin Construction Co Days Payable Chart

Da Cin Construction Co 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 152.62 109.31 117.86 103.63 120.40

Da Cin Construction Co 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 136.70 114.34 111.22 101.55 117.64

Competitive Comparison of Da Cin Construction Co's Days Payable

For the Engineering & Construction subindustry, Da Cin Construction 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.


Da Cin Construction Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Da Cin Construction Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Da Cin Construction Co's Days Payable falls into.



Da Cin Construction 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.

Da Cin Construction 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
=( (4337.267 + 4096.797) / 2 ) / 12784.147*365
=4217.032 / 12784.147*365
=120.40

Da Cin Construction Co'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
=( (4096.797 + 4077.86) / 2 ) / 3170.514*365 / 4
=4087.3285 / 3170.514*365 / 4
=117.64

* 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.


Da Cin Construction Co Days Payable Related Terms

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Da Cin Construction Co (TPE:2535) Business Description

Traded in Other Exchanges
N/A
Address
9th Floor, Dunhua S. Road, No 92, Section 2, Da-an District, Taipei, TWN, 106
Da Cin Construction Co Ltd operates as a construction company. mainly engages in civil engineering, building construction, and the management of and investment in related businesses. It constructs factory plants, public engineering, civil works, and commercial and residential buildings. The company operates its businesses within Taiwan markets.

Da Cin Construction Co (TPE:2535) Headlines

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