GTM Holdings (TPE:1437) Days Payable : 14.59 (As of Sep. 2024)

View and export this data going back to 1988. Start your Free Trial

What is GTM Holdings Days Payable?

GTM Holdings's average Accounts Payable for the three months ended in Sep. 2024 was NT$15.0 Mil. GTM Holdings's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$93.9 Mil. Hence, GTM Holdings's Days Payable for the three months ended in Sep. 2024 was 14.59.

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

TPE:1437' s Days Payable Range Over the Past 10 Years
Min: 2.16 Med: 16.84 Max: 75.68
Current: 22.94

During the past 13 years, GTM Holdings's highest Days Payable was 75.68. The lowest was 2.16. And the median was 16.84.

TPE:1437's Days Payable is ranked worse than
84.65% of 1570 companies
in the Real Estate industry
Industry Median: 97.7 vs TPE:1437: 22.94

GTM Holdings's Days Payable declined from Sep. 2023 (23.37) to Sep. 2024 (14.59). It may suggest that GTM Holdings accelerated paying its suppliers.

GTM Holdings Days Payable Historical Data

The historical data trend for GTM Holdings'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.

GTM Holdings Days Payable Chart

GTM Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

7.30

6.06

75.68

53.27

2.16

GTM Holdings 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															23.37	39.01	5.80	19.42	14.59

Competitive Comparison of GTM Holdings's Days Payable

For the Real Estate Services subindustry, GTM Holdings'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.

GTM Holdings's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, GTM Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where GTM Holdings's Days Payable falls into.

GTM Holdings 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.

GTM Holdings'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
=	( (2.879	+	0.971)	/	2 )	/	325.754	*	365
=	1.925					/	325.754	*	365
=	2.16

GTM Holdings'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
=	( (28.612	+	1.429)	/	2 )	/	93.937	*	365 / 4
=	15.0205					/	93.937	*	365 / 4
=	14.59

GTM Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of GTM Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

GTM Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » GTM Holdings Corp (TPE:1437) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongxiao E. Road, 9th Floor, No. 320, Sec. 4, Daan District, Taipei, TWN, 106

Website

https://www.gtm.com.tw

GTM Holdings Corp is an investment holding company engaged in business relating to the manufacturing and trading of textiles, knitwear, wool quilts, suits, and other products; the manufacturing and trading of electronic components and electronic materials, and the commissioning of construction companies for building construction, residential rentals, and sales. The company has three reportable segments: textile, electronic, and real estate. The majority of its revenue is generated from the Real estate business segment which engages in the rental of real estate.

GTM Holdings Headlines

No Headlines