Taiwannyo Electric Co (TPE:1614) Days Payable : 25.19 (As of Mar. 2024)

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What is Taiwannyo Electric Co Days Payable?

Taiwannyo Electric Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$287 Mil. Taiwannyo Electric Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,040 Mil. Hence, Taiwannyo Electric Co's Days Payable for the three months ended in Mar. 2024 was 25.19.

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

TPE:1614' s Days Payable Range Over the Past 10 Years
Min: 17.13 Med: 21.2 Max: 27.59
Current: 25.97

During the past 13 years, Taiwannyo Electric Co's highest Days Payable was 27.59. The lowest was 17.13. And the median was 21.20.

TPE:1614's Days Payable is ranked worse than
89.41% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.03 vs TPE:1614: 25.97

Taiwannyo Electric Co's Days Payable declined from Mar. 2023 (26.62) to Mar. 2024 (25.19). It may suggest that Taiwannyo Electric Co accelerated paying its suppliers.

Taiwannyo Electric Co Days Payable Historical Data

The historical data trend for Taiwannyo Electric 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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Taiwannyo Electric Co Days Payable Chart

Taiwannyo Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

17.13

18.44

21.59

20.80

18.64

Taiwannyo Electric 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															26.62	24.69	22.69	25.91	25.19

Competitive Comparison of Taiwannyo Electric Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Taiwannyo Electric 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.

Taiwannyo Electric Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Taiwannyo Electric Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Taiwannyo Electric Co's Days Payable falls into.

Taiwannyo Electric 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.

Taiwannyo Electric 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
=	( (253.602	+	209.671)	/	2 )	/	4535.696	*	365
=	231.6365					/	4535.696	*	365
=	18.64

Taiwannyo Electric 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
=	( (209.671	+	364.416)	/	2 )	/	1039.674	*	365 / 4
=	287.0435					/	1039.674	*	365 / 4
=	25.19

Taiwannyo Electric Co Days Payable Related Terms

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Taiwannyo Electric Co (TPE:1614) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Taiwan Sanyo Electric Co Ltd (TPE:1614) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 266, Songjiang Road, 10th floor, Taipei, TWN

Website

http://www.sanyo.com.tw

Taiwan Sanyo Electric Co Ltd manufactures and markets home appliances. The company provides air conditioners, refrigerators, washing machines, electrical fans, electrical shavers, electrical cookers and video and audio disk players among others.

Taiwannyo Electric Co (TPE:1614) Headlines

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