Tsang Yow Industrial Co (TPE:1568) Days Payable : 56.63 (As of Dec. 2024)

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What is Tsang Yow Industrial Co Days Payable?

Tsang Yow Industrial Co's average Accounts Payable for the three months ended in Dec. 2024 was NT$107 Mil. Tsang Yow Industrial Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$173 Mil. Hence, Tsang Yow Industrial Co's Days Payable for the three months ended in Dec. 2024 was 56.63.

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

TPE:1568' s Days Payable Range Over the Past 10 Years
Min: 58.44 Med: 71.88 Max: 125.03
Current: 60.17

During the past 13 years, Tsang Yow Industrial Co's highest Days Payable was 125.03. The lowest was 58.44. And the median was 71.88.

TPE:1568's Days Payable is ranked worse than
53.71% of 1281 companies
in the Vehicles & Parts industry
Industry Median: 65.28 vs TPE:1568: 60.17

Tsang Yow Industrial Co's Days Payable declined from Dec. 2023 (69.68) to Dec. 2024 (56.63). It may suggest that Tsang Yow Industrial Co accelerated paying its suppliers.

Tsang Yow Industrial Co Days Payable Historical Data

The historical data trend for Tsang Yow 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.

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Tsang Yow Industrial Co Days Payable Chart

Tsang Yow Industrial Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

62.32

76.29

125.03

99.48

58.44

Tsang Yow Industrial 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															69.68	59.88	63.47	62.19	56.63

Competitive Comparison of Tsang Yow Industrial Co's Days Payable

For the Auto Parts subindustry, Tsang Yow 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.

Tsang Yow Industrial Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tsang Yow Industrial Co's Days Payable distribution charts can be found below:

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

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Tsang Yow 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.

Tsang Yow Industrial 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
=	( (145.855	+	96.688)	/	2 )	/	757.464	*	365
=	121.2715					/	757.464	*	365
=	58.44

Tsang Yow Industrial 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
=	( (117.929	+	96.688)	/	2 )	/	172.922	*	365 / 4
=	107.3085					/	172.922	*	365 / 4
=	56.63

Tsang Yow Industrial Co Days Payable Related Terms

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Tsang Yow Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tsang Yow Industrial Co Ltd (TPE:1568) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, Chung-Shan Road, Min-Hsiung Industrial Park, Fu-Lo Village, Chia Yi, TWN, 62154

Website

https://www.tsangyow.com.tw

Tsang Yow Industrial Co Ltd is a Manufacturer & Exporter of powertrain components. The company supplies automatic transmission assembly components, heavy-duty truck clutch parts, and off-highway series. The products of the company include Automatic Transmission Hard Parts, Manual Transmission Parts, Torque Converter Parts, Viscous Coupling for 4x4 Transfer Cases, etc. The company exports to the North American market and internationally.

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