Lianyou Metals Co (ROCO:7610) Days Payable : 47.85 (As of Jun. 2024)

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What is Lianyou Metals Co Days Payable?

Lianyou Metals Co's average Accounts Payable for the six months ended in Jun. 2024 was NT$146 Mil. Lianyou Metals Co's Cost of Goods Sold for the six months ended in Jun. 2024 was NT$557 Mil. Hence, Lianyou Metals Co's Days Payable for the six months ended in Jun. 2024 was 47.85.

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

ROCO:7610' s Days Payable Range Over the Past 10 Years
Min: 52.09 Med: 80.21 Max: 91.14
Current: 52.09

During the past 5 years, Lianyou Metals Co's highest Days Payable was 91.14. The lowest was 52.09. And the median was 80.21.

ROCO:7610's Days Payable is ranked worse than
72.53% of 1041 companies
in the Metals & Mining industry
Industry Median: 129.57 vs ROCO:7610: 52.09

Lianyou Metals Co's Days Payable declined from Jun. 2023 (54.99) to Jun. 2024 (47.85). It may suggest that Lianyou Metals Co accelerated paying its suppliers.

Lianyou Metals Co Days Payable Historical Data

The historical data trend for Lianyou Metals 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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Lianyou Metals Co Days Payable Chart

Lianyou Metals Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

76.29

84.12

91.14

63.11

Lianyou Metals Co Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial			77.63	93.63	54.99	61.01	47.85

Competitive Comparison of Lianyou Metals Co's Days Payable

For the Other Industrial Metals & Mining subindustry, Lianyou Metals 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.

Lianyou Metals Co's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lianyou Metals Co's Days Payable distribution charts can be found below:

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

Lianyou Metals 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.

Lianyou Metals 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
=	( (137.127	+	151.462)	/	2 )	/	834.553	*	365
=	144.2945					/	834.553	*	365
=	63.11

Lianyou Metals 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: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (151.462	+	140.794)	/	2 )	/	557.346	*	365 / 2
=	146.128					/	557.346	*	365 / 2
=	47.85

Lianyou Metals Co Days Payable Related Terms

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Lianyou Metals Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lianyou Metals Co Ltd (ROCO:7610) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.103, Zhongshan Road, Section 3, Pingtung County, Fangliao Township, TWN, 94048

Website

https://www.lianyoucorp.com

Lianyou Metals Co Ltd engages in the smelting, manufacturing, and wholesale of tungsten and cobalt metals. Its main products are sodium tungstate (Na2WO4) and cobalt carbonate (CoCO3).

Lianyou Metals Co Headlines

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