Xu Yuan Packaging Technology Co (ROCO:8421) Days Payable : 40.99 (As of Sep. 2024)

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What is Xu Yuan Packaging Technology Co Days Payable?

Xu Yuan Packaging Technology Co's average Accounts Payable for the three months ended in Sep. 2024 was NT$116 Mil. Xu Yuan Packaging Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$257 Mil. Hence, Xu Yuan Packaging Technology Co's Days Payable for the three months ended in Sep. 2024 was 40.99.

The historical rank and industry rank for Xu Yuan Packaging Technology Co's Days Payable or its related term are showing as below:

ROCO:8421' s Days Payable Range Over the Past 10 Years
Min: 19.05 Med: 48.18 Max: 57.79
Current: 40.96

During the past 13 years, Xu Yuan Packaging Technology Co's highest Days Payable was 57.79. The lowest was 19.05. And the median was 48.18.

ROCO:8421's Days Payable is ranked worse than
77.81% of 2929 companies
in the Industrial Products industry
Industry Median: 75.78 vs ROCO:8421: 40.96

Xu Yuan Packaging Technology Co's Days Payable declined from Sep. 2023 (41.41) to Sep. 2024 (40.99). It may suggest that Xu Yuan Packaging Technology Co accelerated paying its suppliers.

Xu Yuan Packaging Technology Co Days Payable Historical Data

The historical data trend for Xu Yuan Packaging Technology 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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Xu Yuan Packaging Technology Co Days Payable Chart

Xu Yuan Packaging Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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53.91

57.79

51.95

44.72

41.59

Xu Yuan Packaging Technology Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															41.41	36.97	42.81	43.69	40.99

Competitive Comparison of Xu Yuan Packaging Technology Co's Days Payable

For the Specialty Industrial Machinery subindustry, Xu Yuan Packaging Technology 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.

Xu Yuan Packaging Technology Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xu Yuan Packaging Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Xu Yuan Packaging Technology Co's Days Payable falls into.

Xu Yuan Packaging Technology 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.

Xu Yuan Packaging Technology 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
=	( (119.166	+	104.009)	/	2 )	/	979.362	*	365
=	111.5875					/	979.362	*	365
=	41.59

Xu Yuan Packaging Technology Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (110.15	+	120.945)	/	2 )	/	257.203	*	365 / 4
=	115.5475					/	257.203	*	365 / 4
=	40.99

Xu Yuan Packaging Technology Co Days Payable Related Terms

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Xu Yuan Packaging Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xu Yuan Packaging Technology Co Ltd (ROCO:8421) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 10, Lane 33, Lane 98, Xinlong Road, Xinpu Township, Hsinchu City, Hsien, TWN, 305046

Website

https://www.xuyuanpack.com

Xu Yuan Packaging Technology Co Ltd is a Taiwan based company engaged in the manufacturing and sale of heat shrinkable film, tube-sleeping plastic packaging materials, machinery and equipment manufacturing, mould manufacturing and retailing, other chemical product wholesale, product design, and international trade. Its other products are Label printing, Sleeve (sticker) labeling machines, Transparent film, Royalties, and Others. The main source of income of the company and its subsidiaries is the sales of printed labels and sleeve (stick) labeling machines.

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