Trinity Precision Technology Co (ROCO:4534) Days Payable : 27.59 (As of Dec. 2024)

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What is Trinity Precision Technology Co Days Payable?

Trinity Precision Technology Co's average Accounts Payable for the three months ended in Dec. 2024 was NT$57.0 Mil. Trinity Precision Technology Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$188.4 Mil. Hence, Trinity Precision Technology Co's Days Payable for the three months ended in Dec. 2024 was 27.59.

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

ROCO:4534' s Days Payable Range Over the Past 10 Years
Min: 18.88 Med: 32.69 Max: 55.85
Current: 26.22

During the past 13 years, Trinity Precision Technology Co's highest Days Payable was 55.85. The lowest was 18.88. And the median was 32.69.

ROCO:4534's Days Payable is ranked worse than
90.52% of 2942 companies
in the Industrial Products industry
Industry Median: 76.25 vs ROCO:4534: 26.22

Trinity Precision Technology Co's Days Payable increased from Dec. 2023 (23.19) to Dec. 2024 (27.59). It may suggest that Trinity Precision Technology Co delayed paying its suppliers.

Trinity Precision Technology Co Days Payable Historical Data

The historical data trend for Trinity Precision Technology 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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Trinity Precision Technology Co Days Payable Chart

Trinity Precision Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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37.05

28.32

18.88

22.18

25.74

Trinity Precision Technology Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															23.19	24.80	24.23	28.54	27.59

Competitive Comparison of Trinity Precision Technology Co's Days Payable

For the Metal Fabrication subindustry, Trinity Precision Technology 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.

Trinity Precision Technology Co's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Trinity Precision Technology Co's Days Payable falls into.

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Trinity Precision Technology 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.

Trinity Precision Technology Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (43.632	+	54.63)	/	2 )	/	696.559	*	365
=	49.131					/	696.559	*	365
=	25.74

Trinity Precision Technology Co's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (59.321	+	54.63)	/	2 )	/	188.42	*	365 / 4
=	56.9755					/	188.42	*	365 / 4
=	27.59

Trinity Precision Technology Co Days Payable Related Terms

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Trinity Precision Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Trinity Precision Technology Co Ltd (ROCO:4534) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

No.20, Lane 487, Chung Hua Road, Maoli County, Toufen, TWN, 35154

Website

http://www.tpm3.com

Trinity Precision Technology Co Ltd is engaged in the manufacturing, processing, and distribution of powder metallurgy metal components and hardware products in Taiwan. Its product line includes automobiles, Sewing machines, Power tools, 3c, and others, and Massage guns. The company generates a majority of its revenue from China and the rest from Taiwan, Germany, the United States, and other countries.

Trinity Precision Technology Co Headlines

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