China Wire & Cable Co (TPE:1603) Days Payable : 37.69 (As of Dec. 2024)

View and export this data going back to 1968. Start your Free Trial

What is China Wire & Cable Co Days Payable?

China Wire & Cable Co's average Accounts Payable for the three months ended in Dec. 2024 was NT$430 Mil. China Wire & Cable Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$1,042 Mil. Hence, China Wire & Cable Co's Days Payable for the three months ended in Dec. 2024 was 37.69.

The historical rank and industry rank for China Wire & Cable Co's Days Payable or its related term are showing as below:

TPE:1603' s Days Payable Range Over the Past 10 Years
Min: 31.91 Med: 39.54 Max: 47.64
Current: 35.6

During the past 13 years, China Wire & Cable Co's highest Days Payable was 47.64. The lowest was 31.91. And the median was 39.54.

TPE:1603's Days Payable is ranked worse than
81.25% of 2405 companies
in the Hardware industry
Industry Median: 69.04 vs TPE:1603: 35.60

China Wire & Cable Co's Days Payable declined from Dec. 2023 (40.49) to Dec. 2024 (37.69). It may suggest that China Wire & Cable Co accelerated paying its suppliers.

China Wire & Cable Co Days Payable Historical Data

The historical data trend for China Wire & Cable 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.

China Wire & Cable Co Days Payable Chart

China Wire & Cable Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

47.64

39.99

43.20

39.47

31.91

China Wire & Cable 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															40.49	29.30	34.71	43.49	37.69

Competitive Comparison of China Wire & Cable Co's Days Payable

For the Electronics & Computer Distribution subindustry, China Wire & Cable 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.

China Wire & Cable Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, China Wire & Cable Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Wire & Cable Co's Days Payable falls into.

Save Embed

;

Save Embed

;

China Wire & Cable 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.

China Wire & Cable 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
=	( (274.607	+	410.537)	/	2 )	/	3918.764	*	365
=	342.572					/	3918.764	*	365
=	31.91

China Wire & Cable 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
=	( (450.345	+	410.537)	/	2 )	/	1042.001	*	365 / 4
=	430.441					/	1042.001	*	365 / 4
=	37.69

China Wire & Cable Co Days Payable Related Terms

Thank you for viewing the detailed overview of China Wire & Cable Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

China Wire & Cable Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China Wire & Cable Co Ltd (TPE:1603) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongshan North Road, 4th Floor, No. 58, Section 3, Jhongshan District, Taipei, TWN

Website

http://www.cwco.com.tw

China Wire & Cable Co Ltd manufactures and distributes wires and cables. The company provides heat-resisting aluminium wires, PVC-coated aluminum wires and PVC-insulated cables among others. It also manufactures aluminium doors, windows, curtain walls & others. The company has two reporting segments the Cable Division, the Door and Window Division, and Other operating segments. The company generates the majority of its revenue from the Cable division segment which is mainly engaged in the manufacturing and sales of wires, cables, and related products. The Door and Window Division is mainly engaged in the production, sales, processing, and installation services of aluminum doors, windows, and various aluminum products.

China Wire & Cable Co Headlines

No Headlines