China Times Co (ROCO:8923) Days Payable : 413.13 (As of Sep. 2024)

View and export this data going back to 1999. Start your Free Trial

What is China Times Co Days Payable?

China Times Co's average Accounts Payable for the three months ended in Sep. 2024 was NT$237.9 Mil. China Times Co's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$52.5 Mil. Hence, China Times Co's Days Payable for the three months ended in Sep. 2024 was 413.13.

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

ROCO:8923' s Days Payable Range Over the Past 10 Years
Min: 237.18 Med: 280.51 Max: 387.86
Current: 387.86

During the past 13 years, China Times Co's highest Days Payable was 387.86. The lowest was 237.18. And the median was 280.51.

ROCO:8923's Days Payable is ranked better than
87.3% of 945 companies
in the Media - Diversified industry
Industry Median: 82.57 vs ROCO:8923: 387.86

China Times Co's Days Payable increased from Sep. 2023 (364.53) to Sep. 2024 (413.13). It may suggest that China Times Co delayed paying its suppliers.

China Times Co Days Payable Historical Data

The historical data trend for China Times 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.

China Times Co Days Payable Chart

China Times Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

280.77

280.24

301.76

305.11

363.12

China Times 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															364.53	355.56	362.70	425.47	413.13

Competitive Comparison of China Times Co's Days Payable

For the Publishing subindustry, China Times 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.

China Times Co's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China Times Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Times Co's Days Payable falls into.

China Times 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.

China Times 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
=	( (224.958	+	238.827)	/	2 )	/	233.094	*	365
=	231.8925					/	233.094	*	365
=	363.12

China Times 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
=	( (235.28	+	240.424)	/	2 )	/	52.536	*	365 / 4
=	237.852					/	52.536	*	365 / 4
=	413.13

China Times Co Days Payable Related Terms

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

China Times Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » China Times Co Ltd (ROCO:8923) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Sec. 3, Heping W. Road, 1-7F, No.240, Wanhua District, Taipei City, TWN, 108

Website

http://www.readingtimes.com.tw

China Times Co Ltd is engaged in the publication of around 4,000 titles, ranging from politics, current affairs, science, history, humanities, arts, social science, practical advice, how-to, references, comics and more. The company earns revenue from sales of goods comes from the sale of book products.

China Times Co Headlines

No Headlines