Awea Mechantronic Co (TPE:1530) Days Payable : 56.81 (As of Mar. 2024)

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What is Awea Mechantronic Co Days Payable?

Awea Mechantronic Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$184 Mil. Awea Mechantronic Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$295 Mil. Hence, Awea Mechantronic Co's Days Payable for the three months ended in Mar. 2024 was 56.81.

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

TPE:1530' s Days Payable Range Over the Past 10 Years
Min: 22.85 Med: 31.45 Max: 44.15
Current: 44.15

During the past 13 years, Awea Mechantronic Co's highest Days Payable was 44.15. The lowest was 22.85. And the median was 31.45.

TPE:1530's Days Payable is ranked worse than
75.58% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs TPE:1530: 44.15

Awea Mechantronic Co's Days Payable increased from Mar. 2023 (43.46) to Mar. 2024 (56.81). It may suggest that Awea Mechantronic Co delayed paying its suppliers.

Awea Mechantronic Co Days Payable Historical Data

The historical data trend for Awea Mechantronic 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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Awea Mechantronic Co Days Payable Chart

Awea Mechantronic Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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31.59

31.30

33.58

36.10

33.51

Awea Mechantronic 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															43.46	45.33	39.64	37.21	56.81

Competitive Comparison of Awea Mechantronic Co's Days Payable

For the Specialty Industrial Machinery subindustry, Awea Mechantronic 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.

Awea Mechantronic Co's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Awea Mechantronic Co's Days Payable falls into.

Awea Mechantronic 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.

Awea Mechantronic 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
=	( (202.111	+	165.62)	/	2 )	/	2002.794	*	365
=	183.8655					/	2002.794	*	365
=	33.51

Awea Mechantronic 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
=	( (165.62	+	201.628)	/	2 )	/	294.958	*	365 / 4
=	183.624					/	294.958	*	365 / 4
=	56.81

Awea Mechantronic Co Days Payable Related Terms

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Awea Mechantronic Co (TPE:1530) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Awea Mechantronic Co Ltd (TPE:1530) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

629, Suezhetou Section, Kwanpu Road, Wenshan Li, Hsinpu Town, Hsinchu County, TWN, 305

Website

https://www.awea.com

Awea Mechantronic Co Ltd designs manufactures and sells computer numerically controlled machine tools. The company's products include bridge-type machines, CNC vertical machines, gantry-type machines, and horizontal boring machines.

Awea Mechantronic Co (TPE:1530) Headlines

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