Taiwan Bio Therapeutics (ROCO:6892) Days Payable : 13.68 (As of Dec. 2024)

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What is Taiwan Bio Therapeutics Days Payable?

Taiwan Bio Therapeutics's average Accounts Payable for the three months ended in Dec. 2024 was NT$4.41 Mil. Taiwan Bio Therapeutics's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$29.44 Mil. Hence, Taiwan Bio Therapeutics's Days Payable for the three months ended in Dec. 2024 was 13.68.

The historical rank and industry rank for Taiwan Bio Therapeutics's Days Payable or its related term are showing as below:

ROCO:6892' s Days Payable Range Over the Past 10 Years
Min: 23.8 Med: 195.1 Max: 291.43
Current: 52.84

During the past 6 years, Taiwan Bio Therapeutics's highest Days Payable was 291.43. The lowest was 23.80. And the median was 195.10.

ROCO:6892's Days Payable is ranked worse than
70.4% of 706 companies
in the Biotechnology industry
Industry Median: 118.34 vs ROCO:6892: 52.84

Taiwan Bio Therapeutics's Days Payable declined from Sep. 2023 (239.02) to Dec. 2024 (13.68). It may suggest that Taiwan Bio Therapeutics accelerated paying its suppliers.

Taiwan Bio Therapeutics Days Payable Historical Data

The historical data trend for Taiwan Bio Therapeutics'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.

Taiwan Bio Therapeutics Days Payable Chart

Taiwan Bio Therapeutics Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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210.94

179.26

291.43

23.80

Taiwan Bio Therapeutics Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial						239.02	91.65	-	97.16	13.68

Competitive Comparison of Taiwan Bio Therapeutics's Days Payable

For the Biotechnology subindustry, Taiwan Bio Therapeutics'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.

Taiwan Bio Therapeutics's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Taiwan Bio Therapeutics's Days Payable distribution charts can be found below:

* The bar in red indicates where Taiwan Bio Therapeutics's Days Payable falls into.

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Taiwan Bio Therapeutics 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.

Taiwan Bio Therapeutics's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (4.309	+	2.083)	/	2 )	/	49.024	*	365
=	3.196					/	49.024	*	365
=	23.80

Taiwan Bio Therapeutics's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (6.743	+	2.083)	/	2 )	/	29.442	*	365 / 4
=	4.413					/	29.442	*	365 / 4
=	13.68

Taiwan Bio Therapeutics Days Payable Related Terms

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Taiwan Bio Therapeutics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Taiwan Bio Therapeutics Inc (ROCO:6892) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tiding Avenue, 5th Floor, No. 501, Section 2, Neihu District, Zhubei, TWN, 114744

Website

https://www.twbio-thera.com

Taiwan Bio Therapeutics Inc is a regenerative medicine company specializing in the development of new genetically modified cell drugs. It is providing commissioned development and manufacturing (CDMO/CMO) services and inspection, analysis and development services for cellular medical products.

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