Chumpower Machinery (ROCO:4575) Days Payable : 94.29 (As of Dec. 2024)

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What is Chumpower Machinery Days Payable?

Chumpower Machinery's average Accounts Payable for the six months ended in Dec. 2024 was NT$171.7 Mil. Chumpower Machinery's Cost of Goods Sold for the six months ended in Dec. 2024 was NT$332.4 Mil. Hence, Chumpower Machinery's Days Payable for the six months ended in Dec. 2024 was 94.29.

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

ROCO:4575' s Days Payable Range Over the Past 10 Years
Min: 51.38 Med: 83.95 Max: 109.23
Current: 89.65

During the past 11 years, Chumpower Machinery's highest Days Payable was 109.23. The lowest was 51.38. And the median was 83.95.

ROCO:4575's Days Payable is ranked better than
57.78% of 2942 companies
in the Industrial Products industry
Industry Median: 76.25 vs ROCO:4575: 89.65

Chumpower Machinery's Days Payable increased from Dec. 2023 (78.93) to Dec. 2024 (94.29). It may suggest that Chumpower Machinery delayed paying its suppliers.

Chumpower Machinery Days Payable Historical Data

The historical data trend for Chumpower Machinery'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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Chumpower Machinery Days Payable Chart

Chumpower Machinery Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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89.92

109.23

84.75

83.15

88.82

Chumpower Machinery Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial														81.45	76.87	78.93	86.47	94.29

Competitive Comparison of Chumpower Machinery's Days Payable

For the Specialty Industrial Machinery subindustry, Chumpower Machinery'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.

Chumpower Machinery's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chumpower Machinery's Days Payable distribution charts can be found below:

* The bar in red indicates where Chumpower Machinery's Days Payable falls into.

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Chumpower Machinery 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.

Chumpower Machinery'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
=	( (189.815	+	162.405)	/	2 )	/	723.681	*	365
=	176.11					/	723.681	*	365
=	88.82

Chumpower Machinery'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: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (181.022	+	162.405)	/	2 )	/	332.367	*	365 / 2
=	171.7135					/	332.367	*	365 / 2
=	94.29

Chumpower Machinery Days Payable Related Terms

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Chumpower Machinery Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chumpower Machinery Corp (ROCO:4575) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.688-1, Section 3, Zhongshan Road, Rongquan Lane, Wuri District, Taichung, TWN, 414

Website

https://www.chumpower.com

Chumpower Machinery Corp is a Taiwan based company mainly engaged in the production of polyethylene terephthalate (PET) blow molding machines. The company also offers molds for different shapes and size of the bottles. Machinery offered by the company include one stage series, L series, Phoenix series, and W/L series.

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