Taiwan Television Enterprise Co (ROCO:8329) Days Payable : 35.71 (As of Dec. 2023)

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What is Taiwan Television Enterprise Co Days Payable?

Taiwan Television Enterprise Co's average Accounts Payable for the six months ended in Dec. 2023 was NT$86 Mil. Taiwan Television Enterprise Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$441 Mil. Hence, Taiwan Television Enterprise Co's Days Payable for the six months ended in Dec. 2023 was 35.71.

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

ROCO:8329' s Days Payable Range Over the Past 10 Years
Min: 22.37 Med: 31.5 Max: 34.3
Current: 34.3

During the past 13 years, Taiwan Television Enterprise Co's highest Days Payable was 34.30. The lowest was 22.37. And the median was 31.50.

ROCO:8329's Days Payable is ranked worse than
76.73% of 924 companies
in the Media - Diversified industry
Industry Median: 81.095 vs ROCO:8329: 34.30

Taiwan Television Enterprise Co's Days Payable increased from Dec. 2022 (35.31) to Dec. 2023 (35.71). It may suggest that Taiwan Television Enterprise Co delayed paying its suppliers.

Taiwan Television Enterprise Co Days Payable Historical Data

The historical data trend for Taiwan Television Enterprise 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 Television Enterprise Co Days Payable Chart

Taiwan Television Enterprise Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

27.67

32.73

33.95

31.20

33.45

Taiwan Television Enterprise Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															29.02	28.44	35.31	33.94	35.71

Competitive Comparison of Taiwan Television Enterprise Co's Days Payable

For the Broadcasting subindustry, Taiwan Television Enterprise 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 Television Enterprise Co's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Taiwan Television Enterprise Co's Days Payable distribution charts can be found below:

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

Taiwan Television Enterprise 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 Television Enterprise 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
=	( (105.804	+	75.178)	/	2 )	/	987.318	*	365
=	90.491					/	987.318	*	365
=	33.45

Taiwan Television Enterprise 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (97.383	+	75.178)	/	2 )	/	440.964	*	365 / 2
=	86.2805					/	440.964	*	365 / 2
=	35.71

Taiwan Television Enterprise Co Days Payable Related Terms

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Taiwan Television Enterprise Co (ROCO:8329) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Taiwan Television Enterprise Co Ltd (ROCO:8329) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.10, Section 3 Pa Te Road, Songshan District, Taipei, TWN, 105

Website

http://www.ttv.com.tw

Taiwan Television Enterprise Co Ltd is a Taiwan based company engages in the production of a television program, radio and television advertising, and program distribution.

Taiwan Television Enterprise Co (ROCO:8329) Headlines

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