Taita Chemical Co (TPE:1309) Days Payable : 20.15 (As of Mar. 2025)

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What is Taita Chemical Co Days Payable?

Taita Chemical Co's average Accounts Payable for the three months ended in Mar. 2025 was NT$888 Mil. Taita Chemical Co's Cost of Goods Sold for the three months ended in Mar. 2025 was NT$4,023 Mil. Hence, Taita Chemical Co's Days Payable for the three months ended in Mar. 2025 was 20.15.

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

TPE:1309' s Days Payable Range Over the Past 10 Years
Min: 17.07 Med: 20.98 Max: 27.49
Current: 18.74

During the past 13 years, Taita Chemical Co's highest Days Payable was 27.49. The lowest was 17.07. And the median was 20.98.

TPE:1309's Days Payable is ranked worse than
91.61% of 1526 companies
in the Chemicals industry
Industry Median: 61.24 vs TPE:1309: 18.74

Taita Chemical Co's Days Payable increased from Mar. 2024 (19.02) to Mar. 2025 (20.15). It may suggest that Taita Chemical Co delayed paying its suppliers.

Taita Chemical Co Days Payable Historical Data

The historical data trend for Taita Chemical 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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Taita Chemical Co Days Payable Chart

Taita Chemical Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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27.49

23.20

18.74

17.22

17.07

Taita Chemical Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															19.02	18.48	19.09	19.06	20.15

Competitive Comparison of Taita Chemical Co's Days Payable

For the Specialty Chemicals subindustry, Taita Chemical 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.

Taita Chemical Co's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Taita Chemical Co's Days Payable falls into.

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Taita Chemical 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.

Taita Chemical 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
=	( (746.923	+	912.819)	/	2 )	/	17744.822	*	365
=	829.871					/	17744.822	*	365
=	17.07

Taita Chemical Co's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (912.819	+	863.921)	/	2 )	/	4023.409	*	365 / 4
=	888.37					/	4023.409	*	365 / 4
=	20.15

Taita Chemical Co Days Payable Related Terms

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Taita Chemical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Taita Chemical Co Ltd (TPE:1309) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 37, Ji-Hu Road, 12th Floor, Nei-Hu District, Taipei, TWN, 114

Website

https://www.ttc.com.tw

Taita Chemical Co Ltd produces and sells polyethylene resins in Taiwan. It is involved in the production and sale of polystyrene (PS), acrylonitrile-butadiene-styrene copolymer (ABS) resin, acrylonitrile-styrene copolymer (San) resin, glass wool insulation products, plastic raw materials, and other processed products. Its products are widely used in consumer-oriented and industrial applications.

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