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Eclat Textile Co (TPE:1476) Days Payable : 28.14 (As of Sep. 2023)


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What is Eclat Textile Co Days Payable?

Eclat Textile Co's average Accounts Payable for the three months ended in Sep. 2023 was NT$1,646 Mil. Eclat Textile Co's Cost of Goods Sold for the three months ended in Sep. 2023 was NT$5,337 Mil. Hence, Eclat Textile Co's Days Payable for the three months ended in Sep. 2023 was 28.14.

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

TPE:1476' s Days Payable Range Over the Past 10 Years
Min: 24.12   Med: 27.17   Max: 35.96
Current: 29.13

During the past 13 years, Eclat Textile Co's highest Days Payable was 35.96. The lowest was 24.12. And the median was 27.17.

TPE:1476's Days Payable is ranked worse than
77.15% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.345 vs TPE:1476: 29.13

Eclat Textile Co's Days Payable increased from Sep. 2022 (21.65) to Sep. 2023 (28.14). It may suggest that Eclat Textile Co delayed paying its suppliers.


Eclat Textile Co Days Payable Historical Data

The historical data trend for Eclat Textile 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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Eclat Textile Co Days Payable Chart

Eclat Textile Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.07 25.60 35.96 33.73 25.34

Eclat Textile Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Payable Get a 7-Day Free Trial 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 21.65 27.48 32.58 27.55 28.14

Competitive Comparison of Eclat Textile Co's Days Payable

For the Apparel Manufacturing subindustry, Eclat Textile 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.


Eclat Textile Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Eclat Textile Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Eclat Textile Co's Days Payable falls into.



Eclat Textile 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.

Eclat Textile Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (2375.555 + 1605.162) / 2 ) / 28670.846*365
=1990.3585 / 28670.846*365
=25.34

Eclat Textile Co's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (1532.052 + 1759.104) / 2 ) / 5336.554*365 / 4
=1645.578 / 5336.554*365 / 4
=28.14

* 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.


Eclat Textile Co Days Payable Related Terms

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Eclat Textile Co (TPE:1476) Business Description

Traded in Other Exchanges
N/A
Address
No. 80, Section 2, Chang'an E. Road, 10th Floor, 3, Taipei, TWN
Eclat Textile Co Ltd is a Taiwan-based textile company that operates in two segments: the knitted division, which produces and sells flexible textiles, and the clothing division, which produces, process, and sells clothing. Its geographical segments include the Americas, Asia, Europe, the Middle East, ANZ, Africa, and Other countries.

Eclat Textile Co (TPE:1476) Headlines

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