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Taiwan Semiconductor Manufacturing Co Days Payable

: 77.35 (As of Mar. 2022)
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Taiwan Semiconductor Manufacturing Co's average Accounts Payable for the three months ended in Mar. 2022 was $6,495 Mil. Taiwan Semiconductor Manufacturing Co's Cost of Goods Sold for the three months ended in Mar. 2022 was $7,663 Mil. Hence, Taiwan Semiconductor Manufacturing Co's Days Payable for the three months ended in Mar. 2022 was 77.35.

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

TSM' s Days Payable Range Over the Past 10 Years
Min: 39.38   Med: 72.96   Max: 109.35
Current: 74.26

During the past 13 years, Taiwan Semiconductor Manufacturing Co's highest Days Payable was 109.35. The lowest was 39.38. And the median was 72.96.

TSM's Days Payable is ranked better than
65.72% of 878 companies
in the Semiconductors industry
Industry Median: 57.86 vs TSM: 74.26

Taiwan Semiconductor Manufacturing Co's Days Payable declined from Mar. 2021 (90.67) to Mar. 2022 (77.35). It may suggest that Taiwan Semiconductor Manufacturing Co accelerated paying its suppliers.


Taiwan Semiconductor Manufacturing Co Days Payable Historical Data

The historical data trend for Taiwan Semiconductor Manufacturing 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.

Taiwan Semiconductor Manufacturing Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.40 55.62 80.43 105.81 91.89

Taiwan Semiconductor Manufacturing Co Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 90.67 71.16 71.55 79.91 77.35

Competitive Comparison

For the Semiconductors subindustry, Taiwan Semiconductor Manufacturing 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.

   

Taiwan Semiconductor Manufacturing Co Days Payable Distribution

For the Semiconductors industry and Technology sector, Taiwan Semiconductor Manufacturing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Taiwan Semiconductor Manufacturing Co's Days Payable falls into.



Taiwan Semiconductor Manufacturing 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.

Taiwan Semiconductor Manufacturing Co's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (6977.7327863447 + 6956.4330530739) / 2 ) / 27673.163207571*365
=6967.0829197093 / 27673.163207571*365
=91.89

Taiwan Semiconductor Manufacturing Co's Days Payable for the quarter that ended in Mar. 2022 is calculated as:

Days Payable (Q: Mar. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2021 ) + Accounts Payable (Q: Mar. 2022 )) / count ) / Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=( (6956.4330530739 + 6034.5005328634) / 2 ) / 7663.1285590177*365 / 4
=6495.4667929687 / 7663.1285590177*365 / 4
=77.35

* 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.


Taiwan Semiconductor Manufacturing Co Days Payable Related Terms

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Taiwan Semiconductor Manufacturing Co Business Description

Taiwan Semiconductor Manufacturing Co logo
Address
No. 8, Li-Hsin Road 6, Hsinchu Science Park, Hsinchu, TWN, 300-096
Taiwan Semiconductor Manufacturing Company, or TSMC, is the world's largest dedicated chip foundry, with over 58% market share in 2020 per Gartner. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public as an ADR in the U.S. in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious customer base, including Apple, AMD and Nvidia, that looks to apply cutting-edge process technologies to its semiconductor designs.

Taiwan Semiconductor Manufacturing Co Headlines

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