Better Life Group (TPE:1805) Days Payable : 16.60 (As of Dec. 2024)

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What is Better Life Group Days Payable?

Better Life Group's average Accounts Payable for the three months ended in Dec. 2024 was NT$59.5 Mil. Better Life Group's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$327.0 Mil. Hence, Better Life Group's Days Payable for the three months ended in Dec. 2024 was 16.60.

The historical rank and industry rank for Better Life Group's Days Payable or its related term are showing as below:

TPE:1805' s Days Payable Range Over the Past 10 Years
Min: 32.22 Med: 85.89 Max: 397.64
Current: 44.38

During the past 13 years, Better Life Group's highest Days Payable was 397.64. The lowest was 32.22. And the median was 85.89.

TPE:1805's Days Payable is ranked worse than
72.12% of 1564 companies
in the Real Estate industry
Industry Median: 94.895 vs TPE:1805: 44.38

Better Life Group's Days Payable declined from Dec. 2023 (740.16) to Dec. 2024 (16.60). It may suggest that Better Life Group accelerated paying its suppliers.

Better Life Group Days Payable Historical Data

The historical data trend for Better Life Group'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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Better Life Group Days Payable Chart

Better Life Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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67.43

74.56

32.22

68.70

67.87

Better Life Group 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															740.16	1,848.67	1,608.09	786.79	16.60

Competitive Comparison of Better Life Group's Days Payable

For the Real Estate - Development subindustry, Better Life Group'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.

Better Life Group's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Better Life Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Better Life Group's Days Payable falls into.

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Better Life Group 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.

Better Life Group'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
=	( (19.091	+	104.396)	/	2 )	/	332.069	*	365
=	61.7435					/	332.069	*	365
=	67.87

Better Life Group'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
=	( (14.549	+	104.396)	/	2 )	/	326.965	*	365 / 4
=	59.4725					/	326.965	*	365 / 4
=	16.60

Better Life Group Days Payable Related Terms

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Better Life Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Better Life Group (TPE:1805) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 303, Xinhu 1st Road, 4th Floor, Neihu District, Taipei City, TWN

Website

http://www.blgroup.com.tw

Better Life Group operates a business is to contract construction companies to build public housing projects and commercial buildings for lease out and sale. The company has two reporting segments which are the Construction Department: which includes the development, construction, letting and sale of residential and other properties and the Real Estate Agency Department includes third-party marketing services for leasing and sale of residential properties and the majority of revenues are generated from Construction segment.

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