GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Li Kang Biomedical Co Ltd (ROCO:6242) » Definitions » Days Payable

Li Kang Biomedical Co (ROCO:6242) Days Payable : 39.41 (As of Sep. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Li Kang Biomedical Co Days Payable?

Li Kang Biomedical Co's average Accounts Payable for the three months ended in Sep. 2024 was NT$17.6 Mil. Li Kang Biomedical Co's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$40.8 Mil. Hence, Li Kang Biomedical Co's Days Payable for the three months ended in Sep. 2024 was 39.41.

The historical rank and industry rank for Li Kang Biomedical Co's Days Payable or its related term are showing as below:

ROCO:6242' s Days Payable Range Over the Past 10 Years
Min: 28.98   Med: 38   Max: 97.34
Current: 30.91

During the past 13 years, Li Kang Biomedical Co's highest Days Payable was 97.34. The lowest was 28.98. And the median was 38.00.

ROCO:6242's Days Payable is ranked worse than
71.16% of 756 companies
in the Travel & Leisure industry
Industry Median: 57.965 vs ROCO:6242: 30.91

Li Kang Biomedical Co's Days Payable declined from Sep. 2023 (39.95) to Sep. 2024 (39.41). It may suggest that Li Kang Biomedical Co accelerated paying its suppliers.


Li Kang Biomedical Co Days Payable Historical Data

The historical data trend for Li Kang Biomedical 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.

* Premium members only.

Li Kang Biomedical Co Days Payable Chart

Li Kang Biomedical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.64 34.08 52.25 28.98 38.35

Li Kang Biomedical Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.95 23.81 35.74 35.73 39.41

Competitive Comparison of Li Kang Biomedical Co's Days Payable

For the Travel Services subindustry, Li Kang Biomedical 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.


Li Kang Biomedical Co's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Li Kang Biomedical Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Li Kang Biomedical Co's Days Payable falls into.



Li Kang Biomedical 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.

Li Kang Biomedical 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
=( (25.353 + 17.358) / 2 ) / 203.234*365
=21.3555 / 203.234*365
=38.35

Li Kang Biomedical Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (23.727 + 11.523) / 2 ) / 40.806*365 / 4
=17.625 / 40.806*365 / 4
=39.41

* 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.


Li Kang Biomedical Co Days Payable Related Terms

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


Li Kang Biomedical Co Business Description

Traded in Other Exchanges
N/A
Address
No.29, Huangong Road, Yongkang District, Taipei City, TWN, 71041
Li Kang Biomedical Co Ltd is a Taiwan based company engages in tourism factory businesses, telemarketing, as well as the manufacturing and sales of cosmetics and hygienic drinks.

Li Kang Biomedical Co Headlines

No Headlines