Tah Tong Textile Co (TPE:1441) Days Payable : 75.12 (As of Dec. 2024)

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What is Tah Tong Textile Co Days Payable?

Tah Tong Textile Co's average Accounts Payable for the three months ended in Dec. 2024 was NT$344 Mil. Tah Tong Textile Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$418 Mil. Hence, Tah Tong Textile Co's Days Payable for the three months ended in Dec. 2024 was 75.12.

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

TPE:1441' s Days Payable Range Over the Past 10 Years
Min: 11.45 Med: 32.39 Max: 62.47
Current: 62.47

During the past 13 years, Tah Tong Textile Co's highest Days Payable was 62.47. The lowest was 11.45. And the median was 32.39.

TPE:1441's Days Payable is ranked better than
55.48% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.01 vs TPE:1441: 62.47

Tah Tong Textile Co's Days Payable increased from Dec. 2023 (58.33) to Dec. 2024 (75.12). It may suggest that Tah Tong Textile Co delayed paying its suppliers.

Tah Tong Textile Co Days Payable Historical Data

The historical data trend for Tah Tong Textile 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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Tah Tong Textile Co Days Payable Chart

Tah Tong Textile Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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34.16

46.36

45.31

54.09

61.03

Tah Tong Textile Co 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															58.33	82.47	45.86	61.18	75.12

Competitive Comparison of Tah Tong Textile Co's Days Payable

For the Textile Manufacturing subindustry, Tah Tong Textile 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.

Tah Tong Textile Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tah Tong Textile Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tah Tong Textile Co's Days Payable falls into.

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Tah Tong Textile 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.

Tah Tong Textile 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
=	( (196.808	+	349.677)	/	2 )	/	1634.062	*	365
=	273.2425					/	1634.062	*	365
=	61.03

Tah Tong Textile Co'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
=	( (339.228	+	349.677)	/	2 )	/	418.441	*	365 / 4
=	344.4525					/	418.441	*	365 / 4
=	75.12

Tah Tong Textile Co Days Payable Related Terms

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Tah Tong Textile Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Tah Tong Textile Co Ltd (TPE:1441) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 346, Nanjing East Road, 3rd Floor, Section 6, Songshan District, Taipei, TWN, 10595

Website

http://www.tahtong.com.tw

Tah Tong Textile Co Ltd is engaged in the development of functional micro fiber yarns and fabrics. The company operates in the textile manufacturing industry.

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