Yeou Yih Steel Co (ROCO:9962) Days Payable : 12.54 (As of Mar. 2024)

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What is Yeou Yih Steel Co Days Payable?

Yeou Yih Steel Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$75 Mil. Yeou Yih Steel Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$546 Mil. Hence, Yeou Yih Steel Co's Days Payable for the three months ended in Mar. 2024 was 12.54.

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

ROCO:9962' s Days Payable Range Over the Past 10 Years
Min: 1.39 Med: 6.27 Max: 16.94
Current: 4.61

During the past 13 years, Yeou Yih Steel Co's highest Days Payable was 16.94. The lowest was 1.39. And the median was 6.27.

ROCO:9962's Days Payable is ranked worse than
96.42% of 586 companies
in the Steel industry
Industry Median: 41.43 vs ROCO:9962: 4.61

Yeou Yih Steel Co's Days Payable increased from Mar. 2023 (5.82) to Mar. 2024 (12.54). It may suggest that Yeou Yih Steel Co delayed paying its suppliers.

Yeou Yih Steel Co Days Payable Historical Data

The historical data trend for Yeou Yih Steel 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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Yeou Yih Steel Co Days Payable Chart

Yeou Yih Steel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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16.94

5.81

5.22

6.19

4.42

Yeou Yih Steel Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															5.82	2.12	0.20	0.53	12.54

Competitive Comparison of Yeou Yih Steel Co's Days Payable

For the Steel subindustry, Yeou Yih Steel 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.

Yeou Yih Steel Co's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Yeou Yih Steel Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Yeou Yih Steel Co's Days Payable falls into.

Yeou Yih Steel 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.

Yeou Yih Steel 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
=	( (71.999	+	6.971)	/	2 )	/	3258.72	*	365
=	39.485					/	3258.72	*	365
=	4.42

Yeou Yih Steel Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (6.971	+	143)	/	2 )	/	545.658	*	365 / 4
=	74.9855					/	545.658	*	365 / 4
=	12.54

Yeou Yih Steel Co Days Payable Related Terms

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Yeou Yih Steel Co (ROCO:9962) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Yeou Yih Steel Co Ltd (ROCO:9962) » Definitions » Days Payable

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Traded in Other Exchanges

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Address

No. 2 Yong-Gong 10th Road, Yungan Hsiang, Kaoshiung Hsien, TWN, 82841

Website

http://www.yeouyih.com.tw

Yeou Yih Steel Co Ltd is engaged in the production and sale of stainless-steel products mainly in Taiwan. The company is engaged in leveling, cutting, picking, processing, and sales of steel. The company products include hot rolled stainless steel plate No.1 304, 304L, 316L and type of stainless-steel plate.

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