Longwell Co (ROCO:6290) Days Payable : 44.23 (As of Jun. 2024)

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What is Longwell Co Days Payable?

Longwell Co's average Accounts Payable for the three months ended in Jun. 2024 was NT$701 Mil. Longwell Co's Cost of Goods Sold for the three months ended in Jun. 2024 was NT$1,445 Mil. Hence, Longwell Co's Days Payable for the three months ended in Jun. 2024 was 44.23.

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

ROCO:6290' s Days Payable Range Over the Past 10 Years
Min: 36.07 Med: 44.98 Max: 54.6
Current: 42.8

During the past 13 years, Longwell Co's highest Days Payable was 54.60. The lowest was 36.07. And the median was 44.98.

ROCO:6290's Days Payable is ranked worse than
76.37% of 2945 companies
in the Industrial Products industry
Industry Median: 75.44 vs ROCO:6290: 42.80

Longwell Co's Days Payable increased from Jun. 2023 (31.90) to Jun. 2024 (44.23). It may suggest that Longwell Co delayed paying its suppliers.

Longwell Co Days Payable Historical Data

The historical data trend for Longwell 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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Longwell Co Days Payable Chart

Longwell Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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42.29

44.54

40.34

36.07

36.70

Longwell Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															31.90	36.94	43.24	46.67	44.23

Competitive Comparison of Longwell Co's Days Payable

For the Electrical Equipment & Parts subindustry, Longwell 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.

Longwell Co's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Longwell Co's Days Payable falls into.

Longwell 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.

Longwell 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
=	( (464.502	+	661.511)	/	2 )	/	5598.758	*	365
=	563.0065					/	5598.758	*	365
=	36.70

Longwell Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (628.574	+	772.502)	/	2 )	/	1445.415	*	365 / 4
=	700.538					/	1445.415	*	365 / 4
=	44.23

Longwell Co Days Payable Related Terms

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Longwell Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Longwell Co (ROCO:6290) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 36, Sec. 1, Chang An E. Road, 10th Floor, Taipei, TWN

Website

http://www.longwell.com

Longwell Co. is a professional producer of electronic components and cable products. Its main products include power cords, wire & cable, Jumper cords, wire harnesses, cable assemblies, charger plugs, connectors, halogen-free products, etc.

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