Taiwan Fertilizer Co (TPE:1722) Days Payable : 15.54 (As of Dec. 2023)

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What is Taiwan Fertilizer Co Days Payable?

Taiwan Fertilizer Co's average Accounts Payable for the three months ended in Dec. 2023 was NT$397 Mil. Taiwan Fertilizer Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$2,331 Mil. Hence, Taiwan Fertilizer Co's Days Payable for the three months ended in Dec. 2023 was 15.54.

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

TPE:1722' s Days Payable Range Over the Past 10 Years
Min: 17.44 Med: 33.42 Max: 44.23
Current: 17.44

During the past 13 years, Taiwan Fertilizer Co's highest Days Payable was 44.23. The lowest was 17.44. And the median was 33.42.

TPE:1722's Days Payable is ranked worse than
91.42% of 233 companies
in the Agriculture industry
Industry Median: 78.58 vs TPE:1722: 17.44

Taiwan Fertilizer Co's Days Payable declined from Dec. 2022 (21.33) to Dec. 2023 (15.54). It may suggest that Taiwan Fertilizer Co accelerated paying its suppliers.

Taiwan Fertilizer Co Days Payable Historical Data

The historical data trend for Taiwan Fertilizer 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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Taiwan Fertilizer Co Days Payable Chart

Taiwan Fertilizer Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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26.08

26.64

44.23

42.53

21.30

Taiwan Fertilizer Co Quarterly Data
	Mar19	Jun19	Sep19	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															21.33	20.44	13.98	15.26	15.54

Competitive Comparison of Taiwan Fertilizer Co's Days Payable

For the Agricultural Inputs subindustry, Taiwan Fertilizer 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 Fertilizer Co's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Taiwan Fertilizer Co's Days Payable distribution charts can be found below:

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

Taiwan Fertilizer 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 Fertilizer 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
=	( (889.747	+	382.001)	/	2 )	/	10896.618	*	365
=	635.874					/	10896.618	*	365
=	21.30

Taiwan Fertilizer 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
=	( (411.987	+	382.001)	/	2 )	/	2330.645	*	365 / 4
=	396.994					/	2330.645	*	365 / 4
=	15.54

Taiwan Fertilizer Co Days Payable Related Terms

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Taiwan Fertilizer Co (TPE:1722) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Taiwan Fertilizer Co Ltd (TPE:1722) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88, Nanjing East Road, 6th Floor, Section 2, Taipei, TWN, 10457

Website

https://www.taifer.com.tw

Taiwan Fertilizer Co Ltd involves in the manufacture and sale of fertilizers as well as real estate construction and leasing. The company reports three operating segments: Fertilizer and Chemical, Construction, and Others. The Fertilizer and Chemical segment generates the vast majority of revenue through the manufacture and sale of inorganic and organic fertilizers and other chemical products. The Construction segment includes the construction and leasing of real estate. The Other segment consists of multiple subsidiaries across the investment, retail, biotechnology services, and grocery industries.

Taiwan Fertilizer Co (TPE:1722) Headlines

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