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TFBS Bioscience (ROCO:6939) Days Payable : 22.30 (As of Dec. 2024)


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What is TFBS Bioscience Days Payable?

TFBS Bioscience's average Accounts Payable for the six months ended in Dec. 2024 was NT$8.7 Mil. TFBS Bioscience's Cost of Goods Sold for the six months ended in Dec. 2024 was NT$71.3 Mil. Hence, TFBS Bioscience's Days Payable for the six months ended in Dec. 2024 was 22.30.

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

ROCO:6939' s Days Payable Range Over the Past 10 Years
Min: 22.22   Med: 32.77   Max: 41.32
Current: 22.22

During the past 5 years, TFBS Bioscience's highest Days Payable was 41.32. The lowest was 22.22. And the median was 32.77.

ROCO:6939's Days Payable is ranked worse than
86.8% of 197 companies
in the Medical Diagnostics & Research industry
Industry Median: 60.71 vs ROCO:6939: 22.22

TFBS Bioscience's Days Payable increased from Dec. 2023 (19.39) to Dec. 2024 (22.30). It may suggest that TFBS Bioscience delayed paying its suppliers.


TFBS Bioscience Days Payable Historical Data

The historical data trend for TFBS Bioscience'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.

TFBS Bioscience Days Payable Chart

TFBS Bioscience Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
37.69 41.32 32.77 23.55 23.23

TFBS Bioscience Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Days Payable Get a 7-Day Free Trial 26.67 22.27 19.39 21.14 22.30

Competitive Comparison of TFBS Bioscience's Days Payable

For the Diagnostics & Research subindustry, TFBS Bioscience'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.


TFBS Bioscience's Days Payable Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, TFBS Bioscience's Days Payable distribution charts can be found below:

* The bar in red indicates where TFBS Bioscience's Days Payable falls into.


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TFBS Bioscience 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.

TFBS Bioscience'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
=( (8.705 + 9.5) / 2 ) / 143.036*365
=9.1025 / 143.036*365
=23.23

TFBS Bioscience'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: Jun. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (7.92 + 9.5) / 2 ) / 71.266*365 / 2
=8.71 / 71.266*365 / 2
=22.30

* 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.


TFBS Bioscience Days Payable Related Terms

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TFBS Bioscience Business Description

Traded in Other Exchanges
N/A
Address
No. 103, Lane 169, Kang-ning Street, 3rd Floor, Xizhi District, New Taipei, TWN
TFBS Bioscience Inc is a Contract Research Organization (CRO) providing biological testing in Taiwan. Its services include viral vector manufacturing for cell and gene therapy products and biosafety testing and product release testing for cell and gene therapy products, vaccines, and biologic products.

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