Tsann Kuen Enterprise Co (TPE:2430) Days Payable

: 63.05 (As of Dec. 2023)

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Tsann Kuen Enterprise Co's average Accounts Payable for the three months ended in Dec. 2023 was NT$2,727 Mil. Tsann Kuen Enterprise Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$3,946 Mil. Hence, Tsann Kuen Enterprise Co's Days Payable for the three months ended in Dec. 2023 was 63.05.

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

TPE:2430' s Days Payable Range Over the Past 10 Years
Min: 57.9 Med: 62.11 Max: 69.23
Current: 62.37

During the past 13 years, Tsann Kuen Enterprise Co's highest Days Payable was 69.23. The lowest was 57.90. And the median was 62.11.

TPE:2430's Days Payable is ranked better than
54.36% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs TPE:2430: 62.37

Tsann Kuen Enterprise Co's Days Payable declined from Dec. 2022 (63.71) to Dec. 2023 (63.05). It may suggest that Tsann Kuen Enterprise Co accelerated paying its suppliers.

Tsann Kuen Enterprise Co Days Payable Historical Data

The historical data trend for Tsann Kuen 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.

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Tsann Kuen Enterprise Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

57.90

58.60

60.22

62.34

58.78

Tsann Kuen Enterprise 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																63.71	64.48	62.50	63.07	63.05

Competitive Comparison

For the Specialty Retail subindustry, Tsann Kuen 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.

Tsann Kuen Enterprise Co Days Payable Distribution

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

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

Tsann Kuen 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.

Tsann Kuen 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
=	( (3060.792	+	2415.606)	/	2 )	/	17004.399	*	365
=	2738.199					/	17004.399	*	365
=	58.78

Tsann Kuen 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (3037.419	+	2415.606)	/	2 )	/	3945.808	*	365 / 4
=	2726.5125					/	3945.808	*	365 / 4
=	63.05

Tsann Kuen Enterprise Co Days Payable Related Terms

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Tsann Kuen Enterprise Co (TPE:2430) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tsann Kuen Enterprise Co Ltd (TPE:2430) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.331, Sec.1, Tiding Boulevard, 3rd floor, Nei Hu District, Taipei, TWN

Website

https://www.tk3c.com.tw

Tsann Kuen Enterprise Co Ltd is a Taiwan-based company. The company is engaged in the trading of various consumer electronics products. The company sells products related to consumer electronics, the company offers a customer loyalty program for retail customers and the company provides services related to the installation, warranty and repair of home appliances.

Tsann Kuen Enterprise Co (TPE:2430) Headlines

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