OFCO Industrial (ROCO:5011) Days Payable : 33.17 (As of Mar. 2025)

View and export this data going back to 1999. Start your Free Trial

What is OFCO Industrial Days Payable?

OFCO Industrial's average Accounts Payable for the three months ended in Mar. 2025 was NT$528 Mil. OFCO Industrial's Cost of Goods Sold for the three months ended in Mar. 2025 was NT$1,453 Mil. Hence, OFCO Industrial's Days Payable for the three months ended in Mar. 2025 was 33.17.

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

ROCO:5011' s Days Payable Range Over the Past 10 Years
Min: 16.13 Med: 31.16 Max: 64.19
Current: 44.14

During the past 13 years, OFCO Industrial's highest Days Payable was 64.19. The lowest was 16.13. And the median was 31.16.

ROCO:5011's Days Payable is ranked worse than
76.94% of 2945 companies
in the Industrial Products industry
Industry Median: 79.9 vs ROCO:5011: 44.14

OFCO Industrial's Days Payable declined from Mar. 2024 (80.27) to Mar. 2025 (33.17). It may suggest that OFCO Industrial accelerated paying its suppliers.

OFCO Industrial Days Payable Historical Data

The historical data trend for OFCO Industrial'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.

* Premium members only.

OFCO Industrial Days Payable Chart

OFCO Industrial Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

30.62

35.74

31.70

53.61

64.19

OFCO Industrial Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															80.27	63.09	43.23	39.65	33.17

Competitive Comparison of OFCO Industrial's Days Payable

For the Tools & Accessories subindustry, OFCO Industrial'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.

OFCO Industrial's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where OFCO Industrial's Days Payable falls into.

Save Embed

;

Save Embed

;

OFCO Industrial 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.

OFCO Industrial'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
=	( (917.534	+	586.734)	/	2 )	/	4276.993	*	365
=	752.134					/	4276.993	*	365
=	64.19

OFCO Industrial's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (586.734	+	469.423)	/	2 )	/	1452.788	*	365 / 4
=	528.0785					/	1452.788	*	365 / 4
=	33.17

OFCO Industrial Days Payable Related Terms

Thank you for viewing the detailed overview of OFCO Industrial's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

OFCO Industrial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » OFCO Industrial Corp (ROCO:5011) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 299, Yulin Road, Qiaotou District, Kaohsiung, TWN, 825

Website

https://www.ofco.com.tw

OFCO Industrial Corp is engaged in the manufacture of fastener screws and related products, metal heat treatment OEM and trading. Its segments include Screws department, Transportation department, and Environmental Business department. Geographically, its operations are spread across Taiwan, Germany, USA, and Other Countries with majority of the revenue generating from Taiwan.

OFCO Industrial Headlines

No Headlines