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Anderson Industrial (TPE:1528) Days Payable : 47.97 (As of Mar. 2024)


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What is Anderson Industrial Days Payable?

Anderson Industrial's average Accounts Payable for the three months ended in Mar. 2024 was NT$324 Mil. Anderson Industrial's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$617 Mil. Hence, Anderson Industrial's Days Payable for the three months ended in Mar. 2024 was 47.97.

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

TPE:1528' s Days Payable Range Over the Past 10 Years
Min: 42.54   Med: 49.89   Max: 64.43
Current: 42.59

During the past 13 years, Anderson Industrial's highest Days Payable was 64.43. The lowest was 42.54. And the median was 49.89.

TPE:1528's Days Payable is ranked worse than
77.53% of 2928 companies
in the Industrial Products industry
Industry Median: 76.585 vs TPE:1528: 42.59

Anderson Industrial's Days Payable declined from Mar. 2023 (59.81) to Mar. 2024 (47.97). It may suggest that Anderson Industrial accelerated paying its suppliers.


Anderson Industrial Days Payable Historical Data

The historical data trend for Anderson 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.

* Premium members only.

Anderson Industrial Days Payable Chart

Anderson Industrial 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 42.54 50.50 49.82 64.43 49.01

Anderson Industrial 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 59.81 45.69 43.31 32.06 47.97

Competitive Comparison of Anderson Industrial's Days Payable

For the Specialty Industrial Machinery subindustry, Anderson 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.


Anderson Industrial's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Anderson Industrial's Days Payable distribution charts can be found below:

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



Anderson 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.

Anderson 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
=( (488.898 + 293.139) / 2 ) / 2912.185*365
=391.0185 / 2912.185*365
=49.01

Anderson Industrial'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
=( (293.139 + 355.317) / 2 ) / 616.74*365 / 4
=324.228 / 616.74*365 / 4
=47.97

* 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.


Anderson Industrial Days Payable Related Terms

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Anderson Industrial (TPE:1528) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Zhongshan North Road, 5th Floor, Section 6, Shilin District, Taipei, TWN, 11155
Anderson Industrial Corp is mainly engaged in the design, manufacture, sale, import, and export of computer numerical control (CNC) machinery, tooling, lumber, wood panels, and building materials. It serves various industries such as Aerospace, Automotive, Composites Materials, Marine, Railway, Wood, metal, and Other Industries. Some of the products include STRATOS IP Series, ASTRIXX Series, MASS 5 Axis Series, AXXIOM Series, ANDIMAXX Series, and Others.

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