Richmond International Travel & Tours Co (ROCO:2743) Days Payable : 6.46 (As of Mar. 2024)

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What is Richmond International Travel & Tours Co Days Payable?

Richmond International Travel & Tours Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$109 Mil. Richmond International Travel & Tours Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,539 Mil. Hence, Richmond International Travel & Tours Co's Days Payable for the three months ended in Mar. 2024 was 6.46.

The historical rank and industry rank for Richmond International Travel & Tours Co's Days Payable or its related term are showing as below:

ROCO:2743' s Days Payable Range Over the Past 10 Years
Min: 4.76 Med: 16.45 Max: 109.95
Current: 4.76

During the past 12 years, Richmond International Travel & Tours Co's highest Days Payable was 109.95. The lowest was 4.76. And the median was 16.45.

ROCO:2743's Days Payable is ranked worse than
96.31% of 759 companies
in the Travel & Leisure industry
Industry Median: 59.8 vs ROCO:2743: 4.76

Richmond International Travel & Tours Co's Days Payable increased from Mar. 2023 (4.57) to Mar. 2024 (6.46). It may suggest that Richmond International Travel & Tours Co delayed paying its suppliers.

Richmond International Travel & Tours Co Days Payable Historical Data

The historical data trend for Richmond International Travel & Tours 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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Richmond International Travel & Tours Co Days Payable Chart

Richmond International Travel & Tours Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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14.11

47.21

109.95

36.08

6.24

Richmond International Travel & Tours Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															4.57	3.86	3.73	4.50	6.46

Competitive Comparison of Richmond International Travel & Tours Co's Days Payable

For the Travel Services subindustry, Richmond International Travel & Tours 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.

Richmond International Travel & Tours Co's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Richmond International Travel & Tours Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Richmond International Travel & Tours Co's Days Payable falls into.

Richmond International Travel & Tours 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.

Richmond International Travel & Tours 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
=	( (40.753	+	105.255)	/	2 )	/	4273.19	*	365
=	73.004					/	4273.19	*	365
=	6.24

Richmond International Travel & Tours Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (105.255	+	112.706)	/	2 )	/	1538.508	*	365 / 4
=	108.9805					/	1538.508	*	365 / 4
=	6.46

Richmond International Travel & Tours Co Days Payable Related Terms

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Richmond International Travel & Tours Co (ROCO:2743) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Richmond International Travel & Tours Co Ltd (ROCO:2743) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 85, Section 2, Nanjing East Road, 4th Floor, Zhongshan District, Taipei, TWN

Website

http://www.travel4u.com.tw

Richmond International Travel & Tours Co Ltd is involved in providing travel services in Taiwan. It offers domestic, foreign, outbound, inbound group travel, corporate travel, conference participation, high-speed rail holiday agents, international cruises and other comprehensive products.

Richmond International Travel & Tours Co (ROCO:2743) Headlines

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