Champ Ray Industrial Co (ROCO:7642) Days Payable : 63.27 (As of Dec. 2024)

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What is Champ Ray Industrial Co Days Payable?

Champ Ray Industrial Co's average Accounts Payable for the three months ended in Dec. 2024 was NT$131.0 Mil. Champ Ray Industrial Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$189.0 Mil. Hence, Champ Ray Industrial Co's Days Payable for the three months ended in Dec. 2024 was 63.27.

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

ROCO:7642' s Days Payable Range Over the Past 10 Years
Min: 33.61 Med: 61.74 Max: 76.1
Current: 65.61

During the past 5 years, Champ Ray Industrial Co's highest Days Payable was 76.10. The lowest was 33.61. And the median was 61.74.

ROCO:7642's Days Payable is ranked worse than
57.02% of 2934 companies
in the Industrial Products industry
Industry Median: 75.85 vs ROCO:7642: 65.61

Champ Ray Industrial Co's Days Payable increased from Sep. 2023 (36.42) to Dec. 2024 (63.27). It may suggest that Champ Ray Industrial Co delayed paying its suppliers.

Champ Ray Industrial Co Days Payable Historical Data

The historical data trend for Champ Ray Industrial 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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Champ Ray Industrial Co Days Payable Chart

Champ Ray Industrial Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

33.61

55.54

63.25

76.10

61.74

Champ Ray Industrial Co Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial					36.42	56.16	35.22	59.46	63.27

Competitive Comparison of Champ Ray Industrial Co's Days Payable

For the Specialty Industrial Machinery subindustry, Champ Ray Industrial 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.

Champ Ray Industrial Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Champ Ray Industrial Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Champ Ray Industrial Co's Days Payable falls into.

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Champ Ray Industrial 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.

Champ Ray Industrial 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
=	( (99.569	+	128.292)	/	2 )	/	673.513	*	365
=	113.9305					/	673.513	*	365
=	61.74

Champ Ray Industrial 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: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (133.796	+	128.292)	/	2 )	/	188.995	*	365 / 4
=	131.044					/	188.995	*	365 / 4
=	63.27

Champ Ray Industrial Co Days Payable Related Terms

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Champ Ray Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Champ Ray Industrial Co Ltd (ROCO:7642) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.272, Taixi S. Road, Longjing District, Taichung, TWN, 43455

Website

https://www.champ-ray.com

Champ Ray Industrial Co Ltd is a professional design and manufacturing companies of the controller and controller. They have a professional R&D team and who are engaged in the design and manufacture of products related to DC ceiling fans.

Champ Ray Industrial Co Headlines

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