National Aerospace Fasteners (TPE:3004) Days Payable : 84.60 (As of Mar. 2024)

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What is National Aerospace Fasteners Days Payable?

National Aerospace Fasteners's average Accounts Payable for the three months ended in Mar. 2024 was NT$556 Mil. National Aerospace Fasteners's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$600 Mil. Hence, National Aerospace Fasteners's Days Payable for the three months ended in Mar. 2024 was 84.60.

The historical rank and industry rank for National Aerospace Fasteners's Days Payable or its related term are showing as below:

TPE:3004' s Days Payable Range Over the Past 10 Years
Min: 35.3 Med: 47.55 Max: 73.05
Current: 73.05

During the past 13 years, National Aerospace Fasteners's highest Days Payable was 73.05. The lowest was 35.30. And the median was 47.55.

TPE:3004's Days Payable is ranked worse than
52.98% of 2933 companies
in the Industrial Products industry
Industry Median: 76.41 vs TPE:3004: 73.05

National Aerospace Fasteners's Days Payable increased from Mar. 2023 (57.46) to Mar. 2024 (84.60). It may suggest that National Aerospace Fasteners delayed paying its suppliers.

National Aerospace Fasteners Days Payable Historical Data

The historical data trend for National Aerospace Fasteners'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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National Aerospace Fasteners Days Payable Chart

National Aerospace Fasteners Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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52.42

52.35

35.30

52.84

63.90

National Aerospace Fasteners 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															57.46	64.90	70.71	69.65	84.60

Competitive Comparison of National Aerospace Fasteners's Days Payable

For the Tools & Accessories subindustry, National Aerospace Fasteners'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.

National Aerospace Fasteners's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where National Aerospace Fasteners's Days Payable falls into.

National Aerospace Fasteners 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.

National Aerospace Fasteners'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
=	( (324.52	+	466.094)	/	2 )	/	2258.08	*	365
=	395.307					/	2258.08	*	365
=	63.90

National Aerospace Fasteners'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
=	( (466.094	+	646.344)	/	2 )	/	599.966	*	365 / 4
=	556.219					/	599.966	*	365 / 4
=	84.60

National Aerospace Fasteners Days Payable Related Terms

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National Aerospace Fasteners (TPE:3004) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » National Aerospace Fasteners Corp (TPE:3004) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Taiping East Road, Pingzhen District, Taoyuan, TWN, 324026

Website

https://www.nafco.com.tw

National Aerospace Fasteners Corp engages in the manufacture and trading of the fasteners, construction parts and other products of aircraft, ships, and vehicles. Aerospace and Industrial products are reportable segments of the company.

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