Pontex Polyblend Co (ROCO:8935) Days Payable : 19.38 (As of Dec. 2024)

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What is Pontex Polyblend Co Days Payable?

Pontex Polyblend Co's average Accounts Payable for the three months ended in Dec. 2024 was NT$26.4 Mil. Pontex Polyblend Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$124.3 Mil. Hence, Pontex Polyblend Co's Days Payable for the three months ended in Dec. 2024 was 19.38.

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

ROCO:8935' s Days Payable Range Over the Past 10 Years
Min: 23.06 Med: 26.99 Max: 37.69
Current: 27.64

During the past 13 years, Pontex Polyblend Co's highest Days Payable was 37.69. The lowest was 23.06. And the median was 26.99.

ROCO:8935's Days Payable is ranked worse than
82.45% of 1510 companies
in the Chemicals industry
Industry Median: 58.385 vs ROCO:8935: 27.64

Pontex Polyblend Co's Days Payable declined from Dec. 2023 (42.51) to Dec. 2024 (19.38). It may suggest that Pontex Polyblend Co accelerated paying its suppliers.

Pontex Polyblend Co Days Payable Historical Data

The historical data trend for Pontex Polyblend 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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Pontex Polyblend Co Days Payable Chart

Pontex Polyblend Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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37.69

28.86

25.07

30.99

27.90

Pontex Polyblend Co 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															42.51	34.23	28.55	28.36	19.38

Competitive Comparison of Pontex Polyblend Co's Days Payable

For the Specialty Chemicals subindustry, Pontex Polyblend 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.

Pontex Polyblend Co's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Pontex Polyblend Co's Days Payable falls into.

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Pontex Polyblend 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.

Pontex Polyblend Co'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
=	( (50.742	+	24.881)	/	2 )	/	494.676	*	365
=	37.8115					/	494.676	*	365
=	27.90

Pontex Polyblend Co'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
=	( (27.933	+	24.881)	/	2 )	/	124.341	*	365 / 4
=	26.407					/	124.341	*	365 / 4
=	19.38

Pontex Polyblend Co Days Payable Related Terms

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Pontex Polyblend Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Pontex Polyblend Co Ltd (ROCO:8935) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.23-6, Longxing Lane Fengxing Road, Section 2, Tanzi District, Taichung City, TWN, 427

Website

https://en.pontex.com/index.php

Pontex Polyblend Co Ltd is engaged in the business of compounding, processing, injection, moulding, and trading of resins, plastic and rubber materials, shoe sole materials, etc., as well as in the operation and investment of the relevant businesses. The company has two reportable segments: the Equipment Business Segment and the Compound Materials Business Segment. The company generates the majority of the revenue from the Compound Materials Business Segment.

Pontex Polyblend Co Headlines

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