Kuen Ling Machinery Refrigerating Co (ROCO:4527) Days Payable : 69.61 (As of Dec. 2023)

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What is Kuen Ling Machinery Refrigerating Co Days Payable?

Kuen Ling Machinery Refrigerating Co's average Accounts Payable for the three months ended in Dec. 2023 was NT$676 Mil. Kuen Ling Machinery Refrigerating Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$886 Mil. Hence, Kuen Ling Machinery Refrigerating Co's Days Payable for the three months ended in Dec. 2023 was 69.61.

The historical rank and industry rank for Kuen Ling Machinery Refrigerating Co's Days Payable or its related term are showing as below:

ROCO:4527' s Days Payable Range Over the Past 10 Years
Min: 33.9 Med: 44.02 Max: 88.37
Current: 80.94

During the past 13 years, Kuen Ling Machinery Refrigerating Co's highest Days Payable was 88.37. The lowest was 33.90. And the median was 44.02.

ROCO:4527's Days Payable is ranked better than
60.18% of 2421 companies
in the Hardware industry
Industry Median: 67.83 vs ROCO:4527: 80.94

Kuen Ling Machinery Refrigerating Co's Days Payable increased from Dec. 2022 (58.33) to Dec. 2023 (69.61). It may suggest that Kuen Ling Machinery Refrigerating Co delayed paying its suppliers.

Kuen Ling Machinery Refrigerating Co Days Payable Historical Data

The historical data trend for Kuen Ling Machinery Refrigerating 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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Kuen Ling Machinery Refrigerating Co Days Payable Chart

Kuen Ling Machinery Refrigerating Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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48.15

50.01

65.60

76.00

88.37

Kuen Ling Machinery Refrigerating Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															58.33	95.57	89.35	71.85	69.61

Competitive Comparison of Kuen Ling Machinery Refrigerating Co's Days Payable

For the Electronic Components subindustry, Kuen Ling Machinery Refrigerating 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.

Kuen Ling Machinery Refrigerating Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kuen Ling Machinery Refrigerating Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Kuen Ling Machinery Refrigerating Co's Days Payable falls into.

Kuen Ling Machinery Refrigerating 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.

Kuen Ling Machinery Refrigerating 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
=	( (555.194	+	721.247)	/	2 )	/	2636.014	*	365
=	638.2205					/	2636.014	*	365
=	88.37

Kuen Ling Machinery Refrigerating 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (630.156	+	721.247)	/	2 )	/	885.777	*	365 / 4
=	675.7015					/	885.777	*	365 / 4
=	69.61

Kuen Ling Machinery Refrigerating Co Days Payable Related Terms

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Kuen Ling Machinery Refrigerating Co (ROCO:4527) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kuen Ling Machinery Refrigerating Co Ltd (ROCO:4527) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.336, Chihkan North Road, Tzu Kuan Hsiang, Kaohsiung Hsien, TWN

Website

http://www.kuenling.com.tw

Kuen Ling Machinery Refrigerating Co Ltd is a manufacturer of air-conditioning and frozen equipment. Its products are water-cooled centrifugal, screw type, flooded type chiller units, air-cooled chiller unit, computer room packaged chiller units, thermal storage ice tank, and vacuum freeze-dried equipment. There are three segments of the Group, which are operation bases in Taiwan, Mainland China and Vietnam regions.

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