Nam Liong International Co (ROCO:5450) Days Payable : 37.58 (As of Dec. 2023)

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What is Nam Liong International Co Days Payable?

Nam Liong International Co's average Accounts Payable for the three months ended in Dec. 2023 was NT$189 Mil. Nam Liong International Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$459 Mil. Hence, Nam Liong International Co's Days Payable for the three months ended in Dec. 2023 was 37.58.

The historical rank and industry rank for Nam Liong International Co's Days Payable or its related term are showing as below:

ROCO:5450' s Days Payable Range Over the Past 10 Years
Min: 34.02 Med: 53.24 Max: 130.91
Current: 39.88

During the past 13 years, Nam Liong International Co's highest Days Payable was 130.91. The lowest was 34.02. And the median was 53.24.

ROCO:5450's Days Payable is ranked worse than
65.04% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.345 vs ROCO:5450: 39.88

Nam Liong International Co's Days Payable declined from Dec. 2022 (46.04) to Dec. 2023 (37.58). It may suggest that Nam Liong International Co accelerated paying its suppliers.

Nam Liong International Co Days Payable Historical Data

The historical data trend for Nam Liong International 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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Nam Liong International Co Days Payable Chart

Nam Liong International Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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49.27

57.21

48.03

43.29

41.88

Nam Liong International 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															46.04	45.88	37.56	36.96	37.58

Competitive Comparison of Nam Liong International Co's Days Payable

For the Textile Manufacturing subindustry, Nam Liong International 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.

Nam Liong International Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nam Liong International Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nam Liong International Co's Days Payable falls into.

Nam Liong International 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.

Nam Liong International 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
=	( (211.108	+	203.477)	/	2 )	/	1806.711	*	365
=	207.2925					/	1806.711	*	365
=	41.88

Nam Liong International 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
=	( (174.358	+	203.477)	/	2 )	/	458.733	*	365 / 4
=	188.9175					/	458.733	*	365 / 4
=	37.58

Nam Liong International Co Days Payable Related Terms

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Nam Liong International Co (ROCO:5450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nam Liong International Co Ltd (ROCO:5450) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4th Floor No. 267, Chongyang Road, Nangang District, Taipei City, TWN, 115

Website

http://www.namliong-global.com

Nam Liong International Co Ltd is engaged in the manufacturing and sales of rubber sponges, sponge lamination, hook and loop, flame retardant fabric, abrasion-resistant fabric, TPU film, etc. The company earns revenue from its products which include textile products, sponge lamination products, special textile products, special material products, and others, and the majority of the company's revenue is earned from textile products.

Nam Liong International Co (ROCO:5450) Headlines

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