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Far Eastern New Century (TPE:1402) Days Payable : 37.20 (As of Dec. 2024)


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What is Far Eastern New Century Days Payable?

Far Eastern New Century's average Accounts Payable for the three months ended in Dec. 2024 was NT$23,240 Mil. Far Eastern New Century's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$57,004 Mil. Hence, Far Eastern New Century's Days Payable for the three months ended in Dec. 2024 was 37.20.

The historical rank and industry rank for Far Eastern New Century's Days Payable or its related term are showing as below:

TPE:1402' s Days Payable Range Over the Past 10 Years
Min: 31.29   Med: 35.47   Max: 39.58
Current: 37.03

During the past 13 years, Far Eastern New Century's highest Days Payable was 39.58. The lowest was 31.29. And the median was 35.47.

TPE:1402's Days Payable is ranked worse than
67% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.21 vs TPE:1402: 37.03

Far Eastern New Century's Days Payable increased from Dec. 2023 (36.28) to Dec. 2024 (37.20). It may suggest that Far Eastern New Century delayed paying its suppliers.


Far Eastern New Century Days Payable Historical Data

The historical data trend for Far Eastern New Century'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.

* Premium members only.

Far Eastern New Century Days Payable Chart

Far Eastern New Century Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.58 35.47 32.87 35.76 38.96

Far Eastern New Century 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.28 35.83 35.30 37.85 37.20

Competitive Comparison of Far Eastern New Century's Days Payable

For the Textile Manufacturing subindustry, Far Eastern New Century'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.


Far Eastern New Century's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Far Eastern New Century's Days Payable distribution charts can be found below:

* The bar in red indicates where Far Eastern New Century's Days Payable falls into.


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Far Eastern New Century 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.

Far Eastern New Century'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
=( (21978.933 + 24353.893) / 2 ) / 217016.352*365
=23166.413 / 217016.352*365
=38.96

Far Eastern New Century'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
=( (22126.013 + 24353.893) / 2 ) / 57004.494*365 / 4
=23239.953 / 57004.494*365 / 4
=37.20

* 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.


Far Eastern New Century Days Payable Related Terms

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Far Eastern New Century Business Description

Traded in Other Exchanges
N/A
Address
No. 207, Tun Hwa South Road, 36th Floor, Taipei Metro Tower, Section 2, Taipei, TWN
Far Eastern New Century Corp is a Taiwan-based industrial holding company with operations that span Taiwan, China and overseas. The company is organized into a business that includes manufacturing and selling polyester materials and semi-finished and finished textiles such as cotton, synthetic or blended fabrics, towels and bed sheets, and woven and knitted garments; PET (polyethylene terephthalate) bottles and sheets; and natural, synthetic or blended yarns and polyester textured yarns. It also does yarn, silk and cloth printing and dyeing. Its operating segments include: Investments in production business, which derives key revenue; telecommunication services business; property development business; investment; and other business.

Far Eastern New Century Headlines

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