Allied Biotech (ROCO:1780) Days Payable : 22.82 (As of Dec. 2023)

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What is Allied Biotech Days Payable?

Allied Biotech's average Accounts Payable for the six months ended in Dec. 2023 was NT$28.0 Mil. Allied Biotech's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$223.7 Mil. Hence, Allied Biotech's Days Payable for the six months ended in Dec. 2023 was 22.82.

The historical rank and industry rank for Allied Biotech's Days Payable or its related term are showing as below:

ROCO:1780' s Days Payable Range Over the Past 10 Years
Min: 4.85 Med: 22.92 Max: 28.85
Current: 23.35

During the past 13 years, Allied Biotech's highest Days Payable was 28.85. The lowest was 4.85. And the median was 22.92.

ROCO:1780's Days Payable is ranked worse than
93.92% of 971 companies
in the Drug Manufacturers industry
Industry Median: 88.69 vs ROCO:1780: 23.35

Allied Biotech's Days Payable declined from Dec. 2022 (25.36) to Dec. 2023 (22.82). It may suggest that Allied Biotech accelerated paying its suppliers.

Allied Biotech Days Payable Historical Data

The historical data trend for Allied Biotech'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.

Allied Biotech Days Payable Chart

Allied Biotech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

22.98

22.12

26.22

28.85

22.85

Allied Biotech Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															33.03	23.15	25.36	24.30	22.82

Competitive Comparison of Allied Biotech's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Allied Biotech'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.

Allied Biotech's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Allied Biotech's Days Payable distribution charts can be found below:

* The bar in red indicates where Allied Biotech's Days Payable falls into.

Allied Biotech 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.

Allied Biotech'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
=	( (35.025	+	24.334)	/	2 )	/	473.992	*	365
=	29.6795					/	473.992	*	365
=	22.85

Allied Biotech'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
=	( (31.615	+	24.334)	/	2 )	/	223.717	*	365 / 2
=	27.9745					/	223.717	*	365 / 2
=	22.82

Allied Biotech Days Payable Related Terms

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Allied Biotech (ROCO:1780) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Allied Biotech Corp (ROCO:1780) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 76 Tun Hua S. Road, Sec. 2, 12th Floor, Taipei, TWN

Website

http://www.altratene.com

Allied Biotech Corp is a Taiwan based manufacturer of carotenoids. It manufactures carotenoid formulations for the food, supplement and feed industries. The company markets its products under the name Altratene.

Allied Biotech (ROCO:1780) Headlines

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