Lien Hwa Industrial Holding (TPE:1229) Days Payable : 53.81 (As of Mar. 2024)

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What is Lien Hwa Industrial Holding Days Payable?

Lien Hwa Industrial Holding's average Accounts Payable for the three months ended in Mar. 2024 was NT$1,474 Mil. Lien Hwa Industrial Holding's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$2,500 Mil. Hence, Lien Hwa Industrial Holding's Days Payable for the three months ended in Mar. 2024 was 53.81.

The historical rank and industry rank for Lien Hwa Industrial Holding's Days Payable or its related term are showing as below:

TPE:1229' s Days Payable Range Over the Past 10 Years
Min: 7.54 Med: 12.33 Max: 68.64
Current: 68.64

During the past 13 years, Lien Hwa Industrial Holding's highest Days Payable was 68.64. The lowest was 7.54. And the median was 12.33.

TPE:1229's Days Payable is ranked better than
59.24% of 471 companies
in the Conglomerates industry
Industry Median: 59.39 vs TPE:1229: 68.64

Lien Hwa Industrial Holding's Days Payable increased from Dec. 2022 (46.65) to Mar. 2024 (53.81). It may suggest that Lien Hwa Industrial Holding delayed paying its suppliers.

Lien Hwa Industrial Holding Days Payable Historical Data

The historical data trend for Lien Hwa Industrial Holding'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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Lien Hwa Industrial Holding Days Payable Chart

Lien Hwa Industrial Holding Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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10.90

25.81

48.85

59.60

60.94

Lien Hwa Industrial Holding Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															46.65	53.09	47.58	48.86	53.81

Competitive Comparison of Lien Hwa Industrial Holding's Days Payable

For the Conglomerates subindustry, Lien Hwa Industrial Holding'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.

Lien Hwa Industrial Holding's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Lien Hwa Industrial Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Lien Hwa Industrial Holding's Days Payable falls into.

Lien Hwa Industrial Holding 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.

Lien Hwa Industrial Holding's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1675.26	+	1541.817)	/	2 )	/	9634.282	*	365
=	1608.5385					/	9634.282	*	365
=	60.94

Lien Hwa Industrial Holding'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1286.634	+	1661.882)	/	2 )	/	2500.227	*	365 / 4
=	1474.258					/	2500.227	*	365 / 4
=	53.81

Lien Hwa Industrial Holding Days Payable Related Terms

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Lien Hwa Industrial Holding (TPE:1229) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Lien Hwa Industrial Holding Corp (TPE:1229) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 44, Section 1, Chengde Road, 6th Floor, Datong District, Taipei, TWN

Website

https://www.lhicholdings.com

Lien Hwa Industrial Holding Corp is engaged in flour production and sale, real estate rental, integrated system service, automatic system, and other electronic businesses. The company has five reportable segments. The rental business provides real property rental and development services. The noodle business manufactures and sells all kinds of noodles and processed foods. The noodle business overseas is a noodles manufacturing and sale company. The system integration service business provides the system integration service, automatic system, applied software design, and sale of industrial computers. The administrative resource center is responsible for the management of domestic/foreign investment business.

Lien Hwa Industrial Holding (TPE:1229) Headlines

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