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ITI International Transportation (ROCO:7716) Days Payable : 22.94 (As of Jun. 2024)


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What is ITI International Transportation Days Payable?

ITI International Transportation's average Accounts Payable for the six months ended in Jun. 2024 was NT$91 Mil. ITI International Transportation's Cost of Goods Sold for the six months ended in Jun. 2024 was NT$722 Mil. Hence, ITI International Transportation's Days Payable for the six months ended in Jun. 2024 was 22.94.

The historical rank and industry rank for ITI International Transportation's Days Payable or its related term are showing as below:

ROCO:7716' s Days Payable Range Over the Past 10 Years
Min: 18.72   Med: 20.54   Max: 47.91
Current: 29.37

During the past 5 years, ITI International Transportation's highest Days Payable was 47.91. The lowest was 18.72. And the median was 20.54.

ROCO:7716's Days Payable is ranked worse than
62.1% of 934 companies
in the Transportation industry
Industry Median: 37.385 vs ROCO:7716: 29.37

ITI International Transportation's Days Payable declined from Jun. 2023 (31.21) to Jun. 2024 (22.94). It may suggest that ITI International Transportation accelerated paying its suppliers.

ITI International Transportation Days Payable Historical Data

The historical data trend for ITI International Transportation'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.

ITI International Transportation Days Payable Chart

ITI International Transportation Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
- 47.91 22.04 18.72 19.04

ITI International Transportation Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Payable Get a 7-Day Free Trial 20.04 15.43 31.21 30.29 22.94

Competitive Comparison of ITI International Transportation's Days Payable

For the Integrated Freight & Logistics subindustry, ITI International Transportation'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.

ITI International Transportation's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ITI International Transportation's Days Payable distribution charts can be found below:

* The bar in red indicates where ITI International Transportation's Days Payable falls into.


ITI International Transportation 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.

ITI International Transportation'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
=( (56.956 + 58.123) / 2 ) / 1103.167*365
=57.5395 / 1103.167*365
=19.04

ITI International Transportation'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
=( (58.123 + 123.412) / 2 ) / 721.989*365 / 2
=90.7675 / 721.989*365 / 2
=22.94

* 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.

ITI International Transportation Days Payable Related Terms

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ITI International Transportation Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ITI International Transportation Inc (ROCO:7716) » Definitions » Days Payable
Comparable Companies
Traded in Other Exchanges
N/A
Address
4F, No.28, Sec. 3, Nanjing E. Road, Zhongshan District, Taipei, TWN, 10489
Website
https://www.iti-international.com
ITI International Transportation Inc is a company that provides customers with high-quality, efficient and high-level services in shipping, air transportation, inland transportation and logistics.

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