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Inmax Holding Co (ROCO:1591) Days Payable : 6.65 (As of Sep. 2024)


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What is Inmax Holding Co Days Payable?

Inmax Holding Co's average Accounts Payable for the three months ended in Sep. 2024 was NT$4.1 Mil. Inmax Holding Co's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$56.9 Mil. Hence, Inmax Holding Co's Days Payable for the three months ended in Sep. 2024 was 6.65.

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

ROCO:1591' s Days Payable Range Over the Past 10 Years
Min: 2.6   Med: 13.09   Max: 18.71
Current: 5.14

During the past 13 years, Inmax Holding Co's highest Days Payable was 18.71. The lowest was 2.60. And the median was 13.09.

ROCO:1591's Days Payable is ranked worse than
99.28% of 2929 companies
in the Industrial Products industry
Industry Median: 75.78 vs ROCO:1591: 5.14

Inmax Holding Co's Days Payable increased from Sep. 2023 (2.90) to Sep. 2024 (6.65). It may suggest that Inmax Holding Co delayed paying its suppliers.


Inmax Holding Co Days Payable Historical Data

The historical data trend for Inmax Holding 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.

Inmax Holding Co Days Payable Chart

Inmax Holding 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 12.66 14.92 13.52 2.60 9.21

Inmax Holding Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.90 7.13 4.19 2.81 6.65

Competitive Comparison of Inmax Holding Co's Days Payable

For the Tools & Accessories subindustry, Inmax Holding 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.


Inmax Holding Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Inmax Holding Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Inmax Holding Co's Days Payable falls into.



Inmax Holding 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.

Inmax Holding 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
=( (2.396 + 2.416) / 2 ) / 95.321*365
=2.406 / 95.321*365
=9.21

Inmax Holding Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (2.872 + 5.417) / 2 ) / 56.912*365 / 4
=4.1445 / 56.912*365 / 4
=6.65

* 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.


Inmax Holding Co Days Payable Related Terms

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Inmax Holding Co Business Description

Traded in Other Exchanges
N/A
Address
2nd Floor, No. 25, Liaoyang 1st Street, Beitun District, Taichung City, TWN, 40667
Inmax Holding Co Ltd is a producer of nails and staples in the Southeast Asia region. It provides a full range of fasteners such as wire collated coil nails, coil roofing nails, plastic & paper tape collated strip nails, brads, staple and others.

Inmax Holding Co Headlines

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