Chun Yuan Steel Industry Co (TPE:2010) Days Payable : 20.81 (As of Sep. 2024)

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What is Chun Yuan Steel Industry Co Days Payable?

Chun Yuan Steel Industry Co's average Accounts Payable for the three months ended in Sep. 2024 was NT$1,282 Mil. Chun Yuan Steel Industry Co's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$5,623 Mil. Hence, Chun Yuan Steel Industry Co's Days Payable for the three months ended in Sep. 2024 was 20.81.

The historical rank and industry rank for Chun Yuan Steel Industry Co's Days Payable or its related term are showing as below:

TPE:2010' s Days Payable Range Over the Past 10 Years
Min: 14.42 Med: 16.52 Max: 19.71
Current: 19.71

During the past 13 years, Chun Yuan Steel Industry Co's highest Days Payable was 19.71. The lowest was 14.42. And the median was 16.52.

TPE:2010's Days Payable is ranked worse than
79.44% of 603 companies
in the Steel industry
Industry Median: 40.36 vs TPE:2010: 19.71

Chun Yuan Steel Industry Co's Days Payable increased from Sep. 2023 (18.08) to Sep. 2024 (20.81). It may suggest that Chun Yuan Steel Industry Co delayed paying its suppliers.

Chun Yuan Steel Industry Co Days Payable Historical Data

The historical data trend for Chun Yuan Steel Industry 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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Chun Yuan Steel Industry Co Days Payable Chart

Chun Yuan Steel Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

17.43

18.51

15.98

15.96

17.05

Chun Yuan Steel Industry Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															18.08	17.61	19.86	19.73	20.81

Competitive Comparison of Chun Yuan Steel Industry Co's Days Payable

For the Steel subindustry, Chun Yuan Steel Industry 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.

Chun Yuan Steel Industry Co's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Chun Yuan Steel Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chun Yuan Steel Industry Co's Days Payable falls into.

Chun Yuan Steel Industry 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.

Chun Yuan Steel Industry 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
=	( (959.623	+	855.351)	/	2 )	/	19430.316	*	365
=	907.487					/	19430.316	*	365
=	17.05

Chun Yuan Steel Industry Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (1237.719	+	1326.857)	/	2 )	/	5622.953	*	365 / 4
=	1282.288					/	5622.953	*	365 / 4
=	20.81

Chun Yuan Steel Industry Co Days Payable Related Terms

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Chun Yuan Steel Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Chun Yuan Steel Industry Co Ltd (TPE:2010) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 502, Fuxing North Road, 7th Floor, Zhongshan District, Taipei, TWN

Website

https://www.cysco.com.tw

Chun Yuan Steel Industry Co Ltd manufactures steel products. The company engaged in the manufacturing, processing, and trading of steel plates, silicon steel sheets, container parts, special steel materials, H-beam steel undertaking of steel structure constructions, etc. Geographically, it derives a majority of its revenue from the Taiwan market.

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