Hua Yang Precision Machinery Co (ROCO:6983) Days Payable : 55.46 (As of Dec. 2024)

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What is Hua Yang Precision Machinery Co Days Payable?

Hua Yang Precision Machinery Co's average Accounts Payable for the six months ended in Dec. 2024 was NT$15.2 Mil. Hua Yang Precision Machinery Co's Cost of Goods Sold for the six months ended in Dec. 2024 was NT$50.0 Mil. Hence, Hua Yang Precision Machinery Co's Days Payable for the six months ended in Dec. 2024 was 55.46.

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

ROCO:6983' s Days Payable Range Over the Past 10 Years
Min: 41.19 Med: 92.21 Max: 154.9
Current: 50.58

During the past 6 years, Hua Yang Precision Machinery Co's highest Days Payable was 154.90. The lowest was 41.19. And the median was 92.21.

ROCO:6983's Days Payable is ranked worse than
69.51% of 2942 companies
in the Industrial Products industry
Industry Median: 76.25 vs ROCO:6983: 50.58

Hua Yang Precision Machinery Co's Days Payable increased from Dec. 2023 (52.81) to Dec. 2024 (55.46). It may suggest that Hua Yang Precision Machinery Co delayed paying its suppliers.

Hua Yang Precision Machinery Co Days Payable Historical Data

The historical data trend for Hua Yang Precision Machinery 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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Hua Yang Precision Machinery Co Days Payable Chart

Hua Yang Precision Machinery Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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94.83

92.21

154.90

84.20

41.19

Hua Yang Precision Machinery Co Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial				138.14	92.96	52.81	55.07	55.46

Competitive Comparison of Hua Yang Precision Machinery Co's Days Payable

For the Electrical Equipment & Parts subindustry, Hua Yang Precision Machinery 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.

Hua Yang Precision Machinery Co's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Hua Yang Precision Machinery Co's Days Payable falls into.

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Hua Yang Precision Machinery 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.

Hua Yang Precision Machinery Co'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
=	( (10.983	+	11.485)	/	2 )	/	99.54	*	365
=	11.234					/	99.54	*	365
=	41.19

Hua Yang Precision Machinery Co'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
=	( (18.91	+	11.485)	/	2 )	/	50.01	*	365 / 2
=	15.1975					/	50.01	*	365 / 2
=	55.46

Hua Yang Precision Machinery Co Days Payable Related Terms

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Hua Yang Precision Machinery Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hua Yang Precision Machinery Co Ltd (ROCO:6983) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 360, Zhengnan 3rd Road, Yongkang District, Tainan, TWN, 710

Website

https://www.hua-yang.com.tw

Hua Yang Precision Machinery Co Ltd is engaged in research and development of suitable equipment for inspection, measurement, and automated production, to help its clients shorten their production time. Its product category comprises of Automated Optical Inspection, Automation Solution and Others.

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