Hey-Song (TPE:1234) Days Payable : 21.10 (As of Dec. 2024)

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What is Hey-Song Days Payable?

Hey-Song's average Accounts Payable for the three months ended in Dec. 2024 was NT$381 Mil. Hey-Song's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$1,647 Mil. Hence, Hey-Song's Days Payable for the three months ended in Dec. 2024 was 21.10.

The historical rank and industry rank for Hey-Song's Days Payable or its related term are showing as below:

TPE:1234' s Days Payable Range Over the Past 10 Years
Min: 8.9 Med: 16.35 Max: 20.49
Current: 20.49

During the past 13 years, Hey-Song's highest Days Payable was 20.49. The lowest was 8.90. And the median was 16.35.

TPE:1234's Days Payable is ranked worse than
92.79% of 111 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 58.82 vs TPE:1234: 20.49

Hey-Song's Days Payable declined from Dec. 2023 (21.78) to Dec. 2024 (21.10). It may suggest that Hey-Song accelerated paying its suppliers.

Hey-Song Days Payable Historical Data

The historical data trend for Hey-Song'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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Hey-Song Days Payable Chart

Hey-Song Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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16.49

16.78

19.50

17.27

16.20

Hey-Song 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															21.78	19.54	27.38	19.59	21.10

Competitive Comparison of Hey-Song's Days Payable

For the Beverages - Non-Alcoholic subindustry, Hey-Song'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.

Hey-Song's Days Payable Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Hey-Song's Days Payable distribution charts can be found below:

* The bar in red indicates where Hey-Song's Days Payable falls into.

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Hey-Song 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.

Hey-Song'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
=	( (350.016	+	289.757)	/	2 )	/	7205.148	*	365
=	319.8865					/	7205.148	*	365
=	16.20

Hey-Song'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
=	( (471.883	+	289.757)	/	2 )	/	1647.004	*	365 / 4
=	380.82					/	1647.004	*	365 / 4
=	21.10

Hey-Song Days Payable Related Terms

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Hey-Song Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Hey-Song Corp (TPE:1234) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Section 4, Xinyi Road, 3rd Floor, No. 296, Da’an District, Taipei, TWN, 106

Website

https://www.heysong.com.tw

Hey-Song Corp is a Taiwanese company engaged in the production and sale of beverages bearing its brand, OEM production and distribution of beverages for other brands, and distribution and sale of domestic and imported liquors. It produces a diversified range of alcoholic and non-alcoholic beverages, including tea, coffee, brandy, wine, whisky, juice, Chinese liquor, and tonic drinks, among others, which are marketed through brands like Black Pine, C&C, Wayne, Kinmen Kaoliang, Hardys, Saint Remy, McLeod, etc. The company's reportable segments are the Beverages business unit-beverages, which generates maximum revenue, the Beverages business unit-liquors, and the Property lease department. Geographically, it generates maximum revenue from Taiwan, followed by China.

Hey-Song Headlines

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