Ta Liang Technology Co (TPE:3167) Days Payable : 91.92 (As of Mar. 2024)

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What is Ta Liang Technology Co Days Payable?

Ta Liang Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$334 Mil. Ta Liang Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$332 Mil. Hence, Ta Liang Technology Co's Days Payable for the three months ended in Mar. 2024 was 91.92.

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

TPE:3167' s Days Payable Range Over the Past 10 Years
Min: 66.36 Med: 93.87 Max: 129.1
Current: 83.49

During the past 13 years, Ta Liang Technology Co's highest Days Payable was 129.10. The lowest was 66.36. And the median was 93.87.

TPE:3167's Days Payable is ranked better than
54.46% of 2936 companies
in the Industrial Products industry
Industry Median: 76.395 vs TPE:3167: 83.49

Ta Liang Technology Co's Days Payable increased from Mar. 2023 (48.15) to Mar. 2024 (91.92). It may suggest that Ta Liang Technology Co delayed paying its suppliers.

Ta Liang Technology Co Days Payable Historical Data

The historical data trend for Ta Liang Technology 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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Ta Liang Technology Co Days Payable Chart

Ta Liang Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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112.03

129.10

76.67

66.36

87.74

Ta Liang Technology 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															48.15	68.78	87.44	87.77	91.92

Competitive Comparison of Ta Liang Technology Co's Days Payable

For the Specialty Industrial Machinery subindustry, Ta Liang Technology 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.

Ta Liang Technology Co's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Ta Liang Technology Co's Days Payable falls into.

Ta Liang Technology 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.

Ta Liang Technology 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
=	( (117.639	+	346.354)	/	2 )	/	965.082	*	365
=	231.9965					/	965.082	*	365
=	87.74

Ta Liang Technology 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
=	( (346.354	+	322.479)	/	2 )	/	331.973	*	365 / 4
=	334.4165					/	331.973	*	365 / 4
=	91.92

Ta Liang Technology Co Days Payable Related Terms

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Ta Liang Technology Co (TPE:3167) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ta Liang Technology Co Ltd (TPE:3167) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 49, Youlian Street, Ruifeng Village, Bade District, Taoyuan, TWN

Website

http://www.tlhome.com.tw

Ta Liang Technology Co Ltd is a manufacturer and seller of machine design and mold design. It is engaged in manufacturing of PCB (Printed Circuit Board) equipment and CNC (Computer Numerically Controlled) engraving & milling machine. The main income of the Company and its subsidiaries comes from the design, manufacturing, and processing of various CNC machinery and equipment for customers. It provides PCB molding, drilling, sheet cutting, glass panel processing and other special machinery. Its products include PCB routing machine, PCB drilling machine, resin panel cutter.

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