Liwanli Innovation Co (TPE:3054) Days Payable : 69.75 (As of Mar. 2024)

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What is Liwanli Innovation Co Days Payable?

Liwanli Innovation Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$20.80 Mil. Liwanli Innovation Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$27.21 Mil. Hence, Liwanli Innovation Co's Days Payable for the three months ended in Mar. 2024 was 69.75.

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

TPE:3054' s Days Payable Range Over the Past 10 Years
Min: 14.29 Med: 25.78 Max: 168.67
Current: 75.16

During the past 13 years, Liwanli Innovation Co's highest Days Payable was 168.67. The lowest was 14.29. And the median was 25.78.

TPE:3054's Days Payable is ranked worse than
56.88% of 974 companies
in the Drug Manufacturers industry
Industry Median: 88.68 vs TPE:3054: 75.16

Liwanli Innovation Co's Days Payable increased from Mar. 2023 (65.32) to Mar. 2024 (69.75). It may suggest that Liwanli Innovation Co delayed paying its suppliers.

Liwanli Innovation Co Days Payable Historical Data

The historical data trend for Liwanli Innovation 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.

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Liwanli Innovation Co Days Payable Chart

Liwanli Innovation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

168.67

69.95

22.54

63.08

165.43

Liwanli Innovation 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															65.32	38.81	50.91	87.69	69.75

Competitive Comparison of Liwanli Innovation Co's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Liwanli Innovation 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.

Liwanli Innovation Co's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Liwanli Innovation Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Liwanli Innovation Co's Days Payable falls into.

Liwanli Innovation 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.

Liwanli Innovation 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
=	( (3.903	+	17.674)	/	2 )	/	23.804	*	365
=	10.7885					/	23.804	*	365
=	165.43

Liwanli Innovation 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
=	( (17.674	+	23.921)	/	2 )	/	27.207	*	365 / 4
=	20.7975					/	27.207	*	365 / 4
=	69.75

Liwanli Innovation Co Days Payable Related Terms

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Liwanli Innovation Co (TPE:3054) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Liwanli Innovation Co Ltd (TPE:3054) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Liancheng Road,, 16Floor-1, No.258,, Zhonghe District, New Taipei City, TWN, 235

Website

http://www.liwanli.com.tw

Liwanli Innovation Co Ltd is engaged in the manufacture, wholesale, and retail of electronic materials and sales of biotech products like drug nutrient products. The company earns maximum revenue from Biotech products.

Liwanli Innovation Co (TPE:3054) Headlines

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