Johnson Fine Chemical Co (ROCO:7763) Days Payable : 29.10 (As of Jun. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Johnson Fine Chemical Co Days Payable?

Johnson Fine Chemical Co's average Accounts Payable for the six months ended in Jun. 2024 was NT$43.8 Mil. Johnson Fine Chemical Co's Cost of Goods Sold for the six months ended in Jun. 2024 was NT$274.5 Mil. Hence, Johnson Fine Chemical Co's Days Payable for the six months ended in Jun. 2024 was 29.10.

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

ROCO:7763' s Days Payable Range Over the Past 10 Years
Min: 26.64 Med: 28.67 Max: 33.32
Current: 26.64

During the past 3 years, Johnson Fine Chemical Co's highest Days Payable was 33.32. The lowest was 26.64. And the median was 28.67.

ROCO:7763's Days Payable is ranked worse than
83.9% of 1509 companies
in the Chemicals industry
Industry Median: 58.22 vs ROCO:7763: 26.64

Johnson Fine Chemical Co's Days Payable declined from Jun. 2023 (33.14) to Jun. 2024 (29.10). It may suggest that Johnson Fine Chemical Co accelerated paying its suppliers.

Johnson Fine Chemical Co Days Payable Historical Data

The historical data trend for Johnson Fine Chemical 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.

* Premium members only.

Johnson Fine Chemical Co Days Payable Chart

Johnson Fine Chemical Co Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

33.32

28.67

27.16

Johnson Fine Chemical Co Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24
Days Payable	-	-	33.14	21.91	29.10

Competitive Comparison of Johnson Fine Chemical Co's Days Payable

For the Specialty Chemicals subindustry, Johnson Fine Chemical 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.

Johnson Fine Chemical Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Johnson Fine Chemical Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Johnson Fine Chemical Co's Days Payable falls into.

Save Embed

;

Save Embed

;

Johnson Fine Chemical 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.

Johnson Fine Chemical 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
=	( (51.766	+	39.038)	/	2 )	/	610.252	*	365
=	45.402					/	610.252	*	365
=	27.16

Johnson Fine Chemical 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
=	( (39.038	+	48.511)	/	2 )	/	274.514	*	365 / 2
=	43.7745					/	274.514	*	365 / 2
=	29.10

Johnson Fine Chemical Co Days Payable Related Terms

Thank you for viewing the detailed overview of Johnson Fine Chemical Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Johnson Fine Chemical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Johnson Fine Chemical Co Ltd (ROCO:7763) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road. 33. Taichung Industry Park, No. 14, Taichung City, TWN

Website

https://www.johnson-fine.com

Johnson Fine Chemical Co Ltd manufactures amine-based and isocyanate-based hardenders/curing agents for CASE fields (Casting, Adhesive, Sealant, Elastomer), such as MOCA. The group is devoted to developing specialty chemicals including specialty raw materials such as monofunctional isocyanate, 1,5-diisocyanate-naphthalene, dimethylation diamino thouene, etc. Its products are Amine Curing Agent, Isocyanate Curing Agent, Isocyanate Crosslinker, Dehydrating Agent, Cesium Tungsten Oxide, and Coating System.

Johnson Fine Chemical Co Headlines

No Headlines