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Yem Chio Co (TPE:4306) Days Payable : 20.12 (As of Dec. 2023)


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What is Yem Chio Co Days Payable?

Yem Chio Co's average Accounts Payable for the three months ended in Dec. 2023 was NT$746 Mil. Yem Chio Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$3,385 Mil. Hence, Yem Chio Co's Days Payable for the three months ended in Dec. 2023 was 20.12.

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

TPE:4306' s Days Payable Range Over the Past 10 Years
Min: 17.13   Med: 22.35   Max: 24.21
Current: 22.9

During the past 13 years, Yem Chio Co's highest Days Payable was 24.21. The lowest was 17.13. And the median was 22.35.

TPE:4306's Days Payable is ranked worse than
87.7% of 1504 companies
in the Chemicals industry
Industry Median: 60.76 vs TPE:4306: 22.90

Yem Chio Co's Days Payable declined from Dec. 2022 (23.06) to Dec. 2023 (20.12). It may suggest that Yem Chio Co accelerated paying its suppliers.


Yem Chio Co Days Payable Historical Data

The historical data trend for Yem Chio 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.

Yem Chio Co Days Payable Chart

Yem Chio Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.40 24.21 21.41 23.23 23.08

Yem Chio 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 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 23.06 24.29 23.22 24.68 20.12

Competitive Comparison of Yem Chio Co's Days Payable

For the Specialty Chemicals subindustry, Yem Chio 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.


Yem Chio Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Yem Chio Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Yem Chio Co's Days Payable falls into.



Yem Chio 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.

Yem Chio 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
=( (658.567 + 738.009) / 2 ) / 11045.427*365
=698.288 / 11045.427*365
=23.08

Yem Chio 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
=( (754.962 + 738.009) / 2 ) / 3385.368*365 / 4
=746.4855 / 3385.368*365 / 4
=20.12

* 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.


Yem Chio Co Days Payable Related Terms

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Yem Chio Co (TPE:4306) Business Description

Traded in Other Exchanges
N/A
Address
No.397, Xingshan Road, 8th Floor, Neihu District, Taipei, TWN, 11469
Yem Chio Co Ltd is a Taiwan-based company engaged in researching, designing, manufacturing, processing, and sales of packaging materials, including BOPP film and adhesive tape, as well as land development and construction. The company provides adhesive tapes, including biaxially oriented polypropylene (BOPP) tapes, stationery tapes, double-sided tapes, protection tapes and foam tapes; plastic and packaging materials, including plastic bags and strapping bands. Geographically the company caters its products to the domestic market and to overseas markets. It operates in two segments: Packaging materials business segment and Real estate business segment.

Yem Chio Co (TPE:4306) Headlines

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