Zhen Yu Hardware Co (ROCO:2947) Days Payable : 101.69 (As of Dec. 2023)

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What is Zhen Yu Hardware Co Days Payable?

Zhen Yu Hardware Co's average Accounts Payable for the three months ended in Dec. 2023 was NT$360 Mil. Zhen Yu Hardware Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$323 Mil. Hence, Zhen Yu Hardware Co's Days Payable for the three months ended in Dec. 2023 was 101.69.

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

ROCO:2947' s Days Payable Range Over the Past 10 Years
Min: 96.77 Med: 102.11 Max: 107.32
Current: 99.74

During the past 7 years, Zhen Yu Hardware Co's highest Days Payable was 107.32. The lowest was 96.77. And the median was 102.11.

ROCO:2947's Days Payable is ranked better than
74.81% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs ROCO:2947: 99.74

Zhen Yu Hardware Co's Days Payable increased from Dec. 2022 (101.55) to Dec. 2023 (101.69). It may suggest that Zhen Yu Hardware Co delayed paying its suppliers.

Zhen Yu Hardware Co Days Payable Historical Data

The historical data trend for Zhen Yu Hardware 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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Zhen Yu Hardware Co Days Payable Chart

Zhen Yu Hardware Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

99.72

96.77

102.11

107.32

106.61

Zhen Yu Hardware Co Quarterly Data
	Dec17	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															101.55	102.43	93.20	94.91	101.69

Competitive Comparison of Zhen Yu Hardware Co's Days Payable

For the Specialty Retail subindustry, Zhen Yu Hardware 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.

Zhen Yu Hardware Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zhen Yu Hardware Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhen Yu Hardware Co's Days Payable falls into.

Zhen Yu Hardware 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.

Zhen Yu Hardware 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
=	( (337.311	+	372.997)	/	2 )	/	1215.946	*	365
=	355.154					/	1215.946	*	365
=	106.61

Zhen Yu Hardware Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (346.426	+	372.997)	/	2 )	/	322.785	*	365 / 4
=	359.7115					/	322.785	*	365 / 4
=	101.69

Zhen Yu Hardware Co Days Payable Related Terms

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Zhen Yu Hardware Co (ROCO:2947) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Zhen Yu Hardware Co Ltd (ROCO:2947) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 27, Section 2, Huanzhong Road, Xitun District, Taichung, TWN

Website

https://www.ald.com.tw

Zhen Yu Hardware Co Ltd operates a chain of hardware supermarkets. It provides various types of hardware and repair tools and supplies.

Zhen Yu Hardware Co (ROCO:2947) Headlines

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