Mikobeaute International Co (ROCO:6574) Days Payable : 30.76 (As of Sep. 2024)

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What is Mikobeaute International Co Days Payable?

Mikobeaute International Co's average Accounts Payable for the three months ended in Sep. 2024 was NT$10.9 Mil. Mikobeaute International Co's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$32.3 Mil. Hence, Mikobeaute International Co's Days Payable for the three months ended in Sep. 2024 was 30.76.

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

ROCO:6574' s Days Payable Range Over the Past 10 Years
Min: 10.98 Med: 32.69 Max: 195.56
Current: 31.65

During the past 11 years, Mikobeaute International Co's highest Days Payable was 195.56. The lowest was 10.98. And the median was 32.69.

ROCO:6574's Days Payable is ranked worse than
69.23% of 1820 companies
in the Consumer Packaged Goods industry
Industry Median: 45.78 vs ROCO:6574: 31.65

Mikobeaute International Co's Days Payable increased from Sep. 2023 (26.21) to Sep. 2024 (30.76). It may suggest that Mikobeaute International Co delayed paying its suppliers.

Mikobeaute International Co Days Payable Historical Data

The historical data trend for Mikobeaute 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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Mikobeaute International Co Days Payable Chart

Mikobeaute International Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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27.48

10.98

23.87

32.35

33.02

Mikobeaute International 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															26.21	31.65	35.30	27.33	30.76

Competitive Comparison of Mikobeaute International Co's Days Payable

For the Household & Personal Products subindustry, Mikobeaute 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.

Mikobeaute International Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mikobeaute International Co's Days Payable distribution charts can be found below:

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

Mikobeaute 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.

Mikobeaute 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
=	( (12.254	+	13.173)	/	2 )	/	140.532	*	365
=	12.7135					/	140.532	*	365
=	33.02

Mikobeaute International 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
=	( (10.251	+	11.526)	/	2 )	/	32.305	*	365 / 4
=	10.8885					/	32.305	*	365 / 4
=	30.76

Mikobeaute International Co Days Payable Related Terms

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Mikobeaute International Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mikobeaute International Co Ltd (ROCO:6574) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sec. 4, Zhongxiao E. Road, 6th Floor, Number 310, Daan District, Taipei, TWN, 10694

Website

http://www.mikobeaute.com

Mikobeaute International Co Ltd is a Taiwan-based company engaged in the wholesale and retail trade of cosmetics. The company sells various cosmetic products through brands like EDN, Nu derma, Mikobeaute Spa, and L'HERBOFLORE.

Mikobeaute International Co Headlines

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