Merida Industry Co (TPE:9914) Days Payable : 57.82 (As of Mar. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Merida Industry Co Days Payable?

Merida Industry Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$3,023 Mil. Merida Industry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$4,771 Mil. Hence, Merida Industry Co's Days Payable for the three months ended in Mar. 2024 was 57.82.

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

TPE:9914' s Days Payable Range Over the Past 10 Years
Min: 59 Med: 65.18 Max: 83.23
Current: 83.23

During the past 13 years, Merida Industry Co's highest Days Payable was 83.23. The lowest was 59.00. And the median was 65.18.

TPE:9914's Days Payable is ranked better than
59.87% of 755 companies
in the Travel & Leisure industry
Industry Median: 58.43 vs TPE:9914: 83.23

Merida Industry Co's Days Payable declined from Dec. 2022 (66.86) to Mar. 2024 (57.82). It may suggest that Merida Industry Co accelerated paying its suppliers.

Merida Industry Co Days Payable Historical Data

The historical data trend for Merida Industry 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.

Merida Industry Co Days Payable Chart

Merida Industry Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

63.54

62.32

74.89

67.99

60.98

Merida Industry Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															66.86	72.31	66.26	55.04	57.82

Competitive Comparison of Merida Industry Co's Days Payable

For the Leisure subindustry, Merida Industry 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.

Merida Industry Co's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Merida Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Merida Industry Co's Days Payable falls into.

Merida Industry 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.

Merida Industry Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (4371.039	+	5858.199)	/	2 )	/	30611.767	*	365
=	5114.619					/	30611.767	*	365
=	60.98

Merida Industry 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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (2915.115	+	3131.224)	/	2 )	/	4771.198	*	365 / 4
=	3023.1695					/	4771.198	*	365 / 4
=	57.82

Merida Industry Co Days Payable Related Terms

Thank you for viewing the detailed overview of Merida Industry Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Merida Industry Co (TPE:9914) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Merida Industry Co Ltd (TPE:9914) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 116, Meigang Road, Dacun Township, Changhua County, Yuanlin, TWN

Website

https://www.merida-bikes.com

Merida Industry Co Ltd is a manufacturer and distributor of bicycles and bicycle-related components, domiciled in Taiwan. The company produces bicycles for both recreational and professional use. Products include mountain bicycles, road and racing bicycles, bicycle motocross, or BMX, folding bicycles, children and youth bicycles, electric bicycles, helmets, components, and related parts and accessories. Merida distributes bicycles and components both domestically and internationally, and products are largely sold under the Merida brand name.

Merida Industry Co (TPE:9914) Headlines

No Headlines