Hantech Bio-Technology Co (ROCO:1294) Days Payable : 76.48 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Hantech Bio-Technology Co Days Payable?

Hantech Bio-Technology Co's average Accounts Payable for the six months ended in Dec. 2023 was NT$85.4 Mil. Hantech Bio-Technology Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$203.8 Mil. Hence, Hantech Bio-Technology Co's Days Payable for the six months ended in Dec. 2023 was 76.48.

The historical rank and industry rank for Hantech Bio-Technology Co's Days Payable or its related term are showing as below:

ROCO:1294' s Days Payable Range Over the Past 10 Years
Min: 35.75 Med: 49.16 Max: 72.28
Current: 72.28

During the past 5 years, Hantech Bio-Technology Co's highest Days Payable was 72.28. The lowest was 35.75. And the median was 49.16.

ROCO:1294's Days Payable is ranked better than
71.57% of 1794 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs ROCO:1294: 72.28

Hantech Bio-Technology Co's Days Payable increased from Dec. 2022 (46.60) to Dec. 2023 (76.48). It may suggest that Hantech Bio-Technology Co delayed paying its suppliers.

Hantech Bio-Technology Co Days Payable Historical Data

The historical data trend for Hantech Bio-Technology 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.

Hantech Bio-Technology Co Days Payable Chart

Hantech Bio-Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

57.11

35.75

39.43

49.16

70.43

Hantech Bio-Technology Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			33.68	47.54	46.60	68.46	76.48

Competitive Comparison of Hantech Bio-Technology Co's Days Payable

For the Packaged Foods subindustry, Hantech Bio-Technology 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.

Hantech Bio-Technology Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hantech Bio-Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hantech Bio-Technology Co's Days Payable falls into.

Hantech Bio-Technology 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.

Hantech Bio-Technology 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
=	( (33.701	+	99.172)	/	2 )	/	344.289	*	365
=	66.4365					/	344.289	*	365
=	70.43

Hantech Bio-Technology 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
=	( (71.671	+	99.172)	/	2 )	/	203.836	*	365 / 2
=	85.4215					/	203.836	*	365 / 2
=	76.48

Hantech Bio-Technology Co Days Payable Related Terms

Thank you for viewing the detailed overview of Hantech Bio-Technology Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Hantech Bio-Technology Co (ROCO:1294) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hantech Bio-Technology Co Ltd (ROCO:1294) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 60, Section 1, Zhongshan Road, Yuanlin, TWN

Website

https://www.htbios.com

Hantech Bio-Technology Co Ltd provides health food customization services and most styles of patented aluminum foil bag packaging for Taiwan's health food manufacturers for liquids, jelly, and crystal jelly and others.

Hantech Bio-Technology Co (ROCO:1294) Headlines

No Headlines