Wah Hong Industrial (ROCO:8240) Days Payable : 60.93 (As of Dec. 2024)

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What is Wah Hong Industrial Days Payable?

Wah Hong Industrial's average Accounts Payable for the three months ended in Dec. 2024 was NT$1,148 Mil. Wah Hong Industrial's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$1,720 Mil. Hence, Wah Hong Industrial's Days Payable for the three months ended in Dec. 2024 was 60.93.

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

ROCO:8240' s Days Payable Range Over the Past 10 Years
Min: 63.01 Med: 69.41 Max: 74.04
Current: 63.01

During the past 13 years, Wah Hong Industrial's highest Days Payable was 74.04. The lowest was 63.01. And the median was 69.41.

ROCO:8240's Days Payable is ranked worse than
55.88% of 2398 companies
in the Hardware industry
Industry Median: 68.755 vs ROCO:8240: 63.01

Wah Hong Industrial's Days Payable declined from Dec. 2023 (71.47) to Dec. 2024 (60.93). It may suggest that Wah Hong Industrial accelerated paying its suppliers.

Wah Hong Industrial Days Payable Historical Data

The historical data trend for Wah Hong Industrial'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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Wah Hong Industrial Days Payable Chart

Wah Hong Industrial Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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68.82

70.52

71.91

64.37

65.91

Wah Hong Industrial Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															71.47	67.86	63.37	58.01	60.93

Competitive Comparison of Wah Hong Industrial's Days Payable

For the Electronic Components subindustry, Wah Hong Industrial'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.

Wah Hong Industrial's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wah Hong Industrial's Days Payable distribution charts can be found below:

* The bar in red indicates where Wah Hong Industrial's Days Payable falls into.

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Wah Hong Industrial 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.

Wah Hong Industrial'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
=	( (1088.691	+	1227.558)	/	2 )	/	6413.888	*	365
=	1158.1245					/	6413.888	*	365
=	65.91

Wah Hong Industrial'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
=	( (1068.812	+	1227.558)	/	2 )	/	1719.505	*	365 / 4
=	1148.185					/	1719.505	*	365 / 4
=	60.93

Wah Hong Industrial Days Payable Related Terms

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Wah Hong Industrial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wah Hong Industrial Corp (ROCO:8240) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chung Cheng 4th Road, 6&7, 11th Floor, No.235, Kaohsiung, TWN

Website

https://www.wahhong.com

Wah Hong Industrial Corp is engaged in the manufacturing and trading of materials of LCD (Diffusion, Reflection films, etc.), materials of Bulk Molding Compounds (BMC), and Molding products, etc. Geographically, the company generates revenue from Taiwan, South China, Eastern China, and other regions.

Wah Hong Industrial Headlines

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