Holiday Entertainment Co (TPE:9943) Days Payable : 29.01 (As of Mar. 2024)

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What is Holiday Entertainment Co Days Payable?

Holiday Entertainment Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$100 Mil. Holiday Entertainment Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$314 Mil. Hence, Holiday Entertainment Co's Days Payable for the three months ended in Mar. 2024 was 29.01.

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

TPE:9943' s Days Payable Range Over the Past 10 Years
Min: 26.89 Med: 29.31 Max: 29.88
Current: 26.89

During the past 13 years, Holiday Entertainment Co's highest Days Payable was 29.88. The lowest was 26.89. And the median was 29.31.

TPE:9943's Days Payable is ranked worse than
76.39% of 754 companies
in the Travel & Leisure industry
Industry Median: 58.165 vs TPE:9943: 26.89

Holiday Entertainment Co's Days Payable increased from Mar. 2023 (24.57) to Mar. 2024 (29.01). It may suggest that Holiday Entertainment Co delayed paying its suppliers.

Holiday Entertainment Co Days Payable Historical Data

The historical data trend for Holiday Entertainment 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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Holiday Entertainment Co Days Payable Chart

Holiday Entertainment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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29.88

28.74

Holiday Entertainment 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															24.57	22.61	26.80	31.52	29.01

Competitive Comparison of Holiday Entertainment Co's Days Payable

For the Leisure subindustry, Holiday Entertainment 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.

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

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

* The bar in red indicates where Holiday Entertainment Co's Days Payable falls into.

Holiday Entertainment 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.

Holiday Entertainment 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
=	( (95.731	+	103.855)	/	2 )	/	1267.472	*	365
=	99.793					/	1267.472	*	365
=	28.74

Holiday Entertainment 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
=	( (103.855	+	95.672)	/	2 )	/	313.787	*	365 / 4
=	99.7635					/	313.787	*	365 / 4
=	29.01

Holiday Entertainment Co Days Payable Related Terms

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Holiday Entertainment Co (TPE:9943) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Holiday Entertainment Co Ltd (TPE:9943) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Section 5, Zhongxiao East Road, 4th Floor, No. 293, Xinyi District, Taipei, TWN, 293

Website

https://www.holiday.com.tw

Holiday Entertainment Co Ltd is a Taiwan-based company. It is engaged in the business of providing audio-visual and singing equipment for singing, distribution, and sale of audio-visual equipment and supplies, and advisory services on the management of audio-visual and singing. The company also provides advice on restaurant operations.

Holiday Entertainment Co (TPE:9943) Headlines

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