Great Giant Fibre Garment Co (ROCO:4441) Days Payable : 71.34 (As of Jun. 2024)

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What is Great Giant Fibre Garment Co Days Payable?

Great Giant Fibre Garment Co's average Accounts Payable for the six months ended in Jun. 2024 was NT$641 Mil. Great Giant Fibre Garment Co's Cost of Goods Sold for the six months ended in Jun. 2024 was NT$1,640 Mil. Hence, Great Giant Fibre Garment Co's Days Payable for the six months ended in Jun. 2024 was 71.34.

The historical rank and industry rank for Great Giant Fibre Garment Co's Days Payable or its related term are showing as below:

ROCO:4441' s Days Payable Range Over the Past 10 Years
Min: 46.32 Med: 51.74 Max: 57.38
Current: 56.13

During the past 6 years, Great Giant Fibre Garment Co's highest Days Payable was 57.38. The lowest was 46.32. And the median was 51.74.

ROCO:4441's Days Payable is ranked better than
50.59% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 55.66 vs ROCO:4441: 56.13

Great Giant Fibre Garment Co's Days Payable increased from Jun. 2023 (45.03) to Jun. 2024 (71.34). It may suggest that Great Giant Fibre Garment Co delayed paying its suppliers.

Great Giant Fibre Garment Co Days Payable Historical Data

The historical data trend for Great Giant Fibre Garment 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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Great Giant Fibre Garment Co Days Payable Chart

Great Giant Fibre Garment Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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52.34

55.85

47.77

46.32

51.13

Great Giant Fibre Garment Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial						53.64	53.25	45.03	41.97	71.34

Competitive Comparison of Great Giant Fibre Garment Co's Days Payable

For the Textile Manufacturing subindustry, Great Giant Fibre Garment 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.

Great Giant Fibre Garment Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Great Giant Fibre Garment Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Great Giant Fibre Garment Co's Days Payable falls into.

Great Giant Fibre Garment 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.

Great Giant Fibre Garment 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
=	( (589.835	+	522.76)	/	2 )	/	3971.592	*	365
=	556.2975					/	3971.592	*	365
=	51.13

Great Giant Fibre Garment Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (522.76	+	759.568)	/	2 )	/	1640.273	*	365 / 2
=	641.164					/	1640.273	*	365 / 2
=	71.34

Great Giant Fibre Garment Co Days Payable Related Terms

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Great Giant Fibre Garment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Great Giant Fibre Garment Co Ltd (ROCO:4441) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 73, Fuxing North Road, 4th Floor, Songshan District, Taipei, TWN

Website

https://www.greatg.com.tw

Great Giant Fibre Garment Co Ltd operates in a textile mill industry. It offers garment designing and manufacturing services.

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