Norbel Baby Co (ROCO:6844) Days Payable : 51.60 (As of Dec. 2023)

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What is Norbel Baby Co Days Payable?

Norbel Baby Co's average Accounts Payable for the three months ended in Dec. 2023 was NT$320 Mil. Norbel Baby Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$566 Mil. Hence, Norbel Baby Co's Days Payable for the three months ended in Dec. 2023 was 51.60.

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

ROCO:6844' s Days Payable Range Over the Past 10 Years
Min: 45.36 Med: 52.22 Max: 59.24
Current: 52.78

During the past 6 years, Norbel Baby Co's highest Days Payable was 59.24. The lowest was 45.36. And the median was 52.22.

ROCO:6844's Days Payable is ranked worse than
53.33% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs ROCO:6844: 52.78

Norbel Baby Co's Days Payable declined from Dec. 2022 (62.78) to Dec. 2023 (51.60). It may suggest that Norbel Baby Co accelerated paying its suppliers.

Norbel Baby Co Days Payable Historical Data

The historical data trend for Norbel Baby 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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Norbel Baby Co Days Payable Chart

Norbel Baby Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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50.32

45.36

54.12

58.61

59.24

Norbel Baby Co Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial									62.78	56.99	47.75	48.23	51.60

Competitive Comparison of Norbel Baby Co's Days Payable

For the Specialty Retail subindustry, Norbel Baby 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.

Norbel Baby Co's Days Payable Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Norbel Baby Co's Days Payable falls into.

Norbel Baby 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.

Norbel Baby 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
=	( (445.673	+	325.274)	/	2 )	/	2375.126	*	365
=	385.4735					/	2375.126	*	365
=	59.24

Norbel Baby 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
=	( (314.315	+	325.274)	/	2 )	/	565.552	*	365 / 4
=	319.7945					/	565.552	*	365 / 4
=	51.60

Norbel Baby Co Days Payable Related Terms

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Norbel Baby Co (ROCO:6844) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Norbel Baby Co Ltd (ROCO:6844) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 87, Dachang 2nd Road, Sanmin District, Kaohsiung, TWN

Website

https://www.norbelbaby.com.tw

Norbel Baby Co Ltd is engaged in the sale of pharmaceutical products. It offers Milk products, Paper pants wipes, Baby supplies, and Cosmeceuticals among other products.

Norbel Baby Co (ROCO:6844) Headlines

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