Trans-China Automotive Holdings (SGX:VI2) Days Payable : 52.65 (As of Jun. 2024)

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What is Trans-China Automotive Holdings Days Payable?

Trans-China Automotive Holdings's average Accounts Payable for the six months ended in Jun. 2024 was S$74.2 Mil. Trans-China Automotive Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was S$257.1 Mil. Hence, Trans-China Automotive Holdings's Days Payable for the six months ended in Jun. 2024 was 52.65.

The historical rank and industry rank for Trans-China Automotive Holdings's Days Payable or its related term are showing as below:

SGX:VI2' s Days Payable Range Over the Past 10 Years
Min: 33.38 Med: 48.97 Max: 61.95
Current: 43.57

During the past 6 years, Trans-China Automotive Holdings's highest Days Payable was 61.95. The lowest was 33.38. And the median was 48.97.

SGX:VI2's Days Payable is ranked worse than
71.52% of 1278 companies
in the Vehicles & Parts industry
Industry Median: 65.905 vs SGX:VI2: 43.57

Trans-China Automotive Holdings's Days Payable declined from Jun. 2023 (54.24) to Jun. 2024 (52.65). It may suggest that Trans-China Automotive Holdings accelerated paying its suppliers.

Trans-China Automotive Holdings Days Payable Historical Data

The historical data trend for Trans-China Automotive Holdings'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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Trans-China Automotive Holdings Days Payable Chart

Trans-China Automotive Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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44.62

33.38

36.55

53.32

61.95

Trans-China Automotive Holdings Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial					35.14	41.91	54.24	43.72	52.65

Competitive Comparison of Trans-China Automotive Holdings's Days Payable

For the Auto & Truck Dealerships subindustry, Trans-China Automotive Holdings'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.

Trans-China Automotive Holdings's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Trans-China Automotive Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Trans-China Automotive Holdings's Days Payable falls into.

Trans-China Automotive Holdings 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.

Trans-China Automotive Holdings'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
=	( (118.566	+	96.409)	/	2 )	/	633.347	*	365
=	107.4875					/	633.347	*	365
=	61.95

Trans-China Automotive Holdings's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (96.409	+	51.947)	/	2 )	/	257.11	*	365 / 2
=	74.178					/	257.11	*	365 / 2
=	52.65

Trans-China Automotive Holdings Days Payable Related Terms

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Trans-China Automotive Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Trans-China Automotive Holdings Ltd (SGX:VI2) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3002, 30/F, 88 Hing Fat Street, Causeway Bay, Hong Kong, HKG

Website

https://www.tca-auto.com

Trans-China Automotive Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the business of automobile dealerships in the premium market segment in the People's Republic of China (PRC), which mainly includes sales of new automobiles, provision of after-sales services including maintenance and repair services; and automobile agency services including related registration and insurance services. It derives maximum revenue from Sales of automobiles.

Trans-China Automotive Holdings Headlines

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