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De Licacy Industrial Co (TPE:1464) Days Payable : 21.69 (As of Mar. 2024)


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What is De Licacy Industrial Co Days Payable?

De Licacy Industrial Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$507 Mil. De Licacy Industrial Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$2,132 Mil. Hence, De Licacy Industrial Co's Days Payable for the three months ended in Mar. 2024 was 21.69.

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

TPE:1464' s Days Payable Range Over the Past 10 Years
Min: 20.32   Med: 32.15   Max: 38.25
Current: 20.32

During the past 13 years, De Licacy Industrial Co's highest Days Payable was 38.25. The lowest was 20.32. And the median was 32.15.

TPE:1464's Days Payable is ranked worse than
85.63% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.86 vs TPE:1464: 20.32

De Licacy Industrial Co's Days Payable declined from Mar. 2023 (21.77) to Mar. 2024 (21.69). It may suggest that De Licacy Industrial Co accelerated paying its suppliers.


De Licacy Industrial Co Days Payable Historical Data

The historical data trend for De Licacy Industrial 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.

* Premium members only.

De Licacy Industrial Co Days Payable Chart

De Licacy Industrial Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.01 38.25 34.29 26.24 22.96

De Licacy Industrial Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 21.77 20.45 17.64 19.77 21.69

Competitive Comparison of De Licacy Industrial Co's Days Payable

For the Textile Manufacturing subindustry, De Licacy Industrial 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.


De Licacy Industrial Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where De Licacy Industrial Co's Days Payable falls into.



De Licacy Industrial 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.

De Licacy Industrial Co'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
=( (591.319 + 450.258) / 2 ) / 8280.635*365
=520.7885 / 8280.635*365
=22.96

De Licacy Industrial Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (450.258 + 563.273) / 2 ) / 2132.033*365 / 4
=506.7655 / 2132.033*365 / 4
=21.69

* 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.


De Licacy Industrial Co Days Payable Related Terms

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De Licacy Industrial Co (TPE:1464) Business Description

Traded in Other Exchanges
N/A
Address
No.240, San Sher Li, Shin Shih District, Tainan, TWN, 744
De Licacy Industrial Co Ltd is a textile manufacturing company that offers high-quality functional fabrics; coating, lamination, and bonding fabrics. The company is engaged in manufacturing plaid cloth, blended cloth, jacquard cloth, bubble cloth, telescopic cloth, chemical fiber cloth, polyester cotton cloth, satin and other textile manufacturing dyeing and finishing processing and trading business. It manufactures and markets yarn dyed fabric in various materials including cotton, polyester, viscose rayon, tencel, lyocell, polynosic, modal, nylon, linen, and stretch which are used for manufacturing shirts, bottoms, suits, outerwear, sportswear and home textiles, among others. The company operates in Japan, Singapore, Hong Kong, Europe and North America along with Taiwan.

De Licacy Industrial Co (TPE:1464) Headlines

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