Sea & Land Transportation Services (ROCO:5603) Days Payable : 27.85 (As of Mar. 2024)

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What is Sea & Land Transportation Services Days Payable?

Sea & Land Transportation Services's average Accounts Payable for the three months ended in Mar. 2024 was NT$108 Mil. Sea & Land Transportation Services's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$354 Mil. Hence, Sea & Land Transportation Services's Days Payable for the three months ended in Mar. 2024 was 27.85.

The historical rank and industry rank for Sea & Land Transportation Services's Days Payable or its related term are showing as below:

ROCO:5603' s Days Payable Range Over the Past 10 Years
Min: 22.84 Med: 26.61 Max: 31.11
Current: 31.11

During the past 13 years, Sea & Land Transportation Services's highest Days Payable was 31.11. The lowest was 22.84. And the median was 26.61.

ROCO:5603's Days Payable is ranked worse than
61.9% of 937 companies
in the Transportation industry
Industry Median: 38.78 vs ROCO:5603: 31.11

Sea & Land Transportation Services's Days Payable declined from Mar. 2023 (32.81) to Mar. 2024 (27.85). It may suggest that Sea & Land Transportation Services accelerated paying its suppliers.

Sea & Land Transportation Services Days Payable Historical Data

The historical data trend for Sea & Land Transportation Services'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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Sea & Land Transportation Services Days Payable Chart

Sea & Land Transportation Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

26.89

29.64

29.45

29.50

26.32

Sea & Land Transportation Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															32.81	35.83	25.89	24.70	27.85

Competitive Comparison of Sea & Land Transportation Services's Days Payable

For the Integrated Freight & Logistics subindustry, Sea & Land Transportation Services'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.

Sea & Land Transportation Services's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sea & Land Transportation Services's Days Payable distribution charts can be found below:

* The bar in red indicates where Sea & Land Transportation Services's Days Payable falls into.

Sea & Land Transportation Services 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.

Sea & Land Transportation Services'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
=	( (122.526	+	98.051)	/	2 )	/	1529.408	*	365
=	110.2885					/	1529.408	*	365
=	26.32

Sea & Land Transportation Services's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (98.051	+	117.916)	/	2 )	/	353.853	*	365 / 4
=	107.9835					/	353.853	*	365 / 4
=	27.85

Sea & Land Transportation Services Days Payable Related Terms

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Sea & Land Transportation Services (ROCO:5603) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sea & Land Transportation Services Inc (ROCO:5603) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 171-1, Section 2, Datong Road, 12th Floor, Yuzhi District, New Taipei City, TWN

Website

http://www.sea-land.com.tw

Sea & Land Transportation Services Inc is a Taiwan based company primarily engaged in the shipping and transportation industry. It provides in container yard and shipside container haulage services in Taiwan. The entity offers various container transportation services, such as warehousing, heavy machinery haulage, storage, erection and others. The company operates in three segments Transportation , Machinery transportation and hoisting , LPG Station segments. The company derives majority of revenue from Transportation segment.

Sea & Land Transportation Services (ROCO:5603) Headlines

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