Carnival Industrial (TPE:1417) Days Payable : 30.32 (As of Sep. 2024)

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What is Carnival Industrial Days Payable?

Carnival Industrial's average Accounts Payable for the three months ended in Sep. 2024 was NT$29.1 Mil. Carnival Industrial's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$87.7 Mil. Hence, Carnival Industrial's Days Payable for the three months ended in Sep. 2024 was 30.32.

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

TPE:1417' s Days Payable Range Over the Past 10 Years
Min: 7.18 Med: 23.91 Max: 66.04
Current: 32.81

During the past 13 years, Carnival Industrial's highest Days Payable was 66.04. The lowest was 7.18. And the median was 23.91.

TPE:1417's Days Payable is ranked worse than
72.99% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 52.75 vs TPE:1417: 32.81

Carnival Industrial's Days Payable declined from Sep. 2023 (40.65) to Sep. 2024 (30.32). It may suggest that Carnival Industrial accelerated paying its suppliers.

Carnival Industrial Days Payable Historical Data

The historical data trend for Carnival Industrial'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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Carnival Industrial Days Payable Chart

Carnival Industrial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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30.91

34.67

64.93

66.04

45.17

Carnival Industrial Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															40.65	24.15	39.15	60.11	30.32

Competitive Comparison of Carnival Industrial's Days Payable

For the Apparel Retail subindustry, Carnival Industrial'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.

Carnival Industrial's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Carnival Industrial's Days Payable distribution charts can be found below:

* The bar in red indicates where Carnival Industrial's Days Payable falls into.

Carnival Industrial 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.

Carnival Industrial'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
=	( (178.674	+	68.025)	/	2 )	/	996.724	*	365
=	123.3495					/	996.724	*	365
=	45.17

Carnival Industrial's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (37.999	+	20.296)	/	2 )	/	87.717	*	365 / 4
=	29.1475					/	87.717	*	365 / 4
=	30.32

Carnival Industrial Days Payable Related Terms

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Carnival Industrial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Carnival Industrial Corp (TPE:1417) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

7th Floor, 25 Jen Ai Road.Sector 4, Da’an Dist, Taipei, TWN

Website

https://www.carnival.com.tw

Carnival Industrial Corp is a Taiwan-based Apparel manufacturer. It manufactures and trades apparel and group uniforms men's and women's garments including trousers, pants, skirts, fancy dresses, jackets, and apparel accessories under the brand name CARNIVAL. It has two reportable segments that include the Apparel sales department and the Garment production department. The majority of its revenue comes from the Apparel sales department.

Carnival Industrial Headlines

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