Feng Hsin Steel Co (TPE:2015) Days Payable : 17.91 (As of Dec. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Feng Hsin Steel Co Days Payable?

Feng Hsin Steel Co's average Accounts Payable for the three months ended in Dec. 2024 was NT$1,518 Mil. Feng Hsin Steel Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$7,733 Mil. Hence, Feng Hsin Steel Co's Days Payable for the three months ended in Dec. 2024 was 17.91.

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

TPE:2015' s Days Payable Range Over the Past 10 Years
Min: 15.33 Med: 19.55 Max: 24.76
Current: 17.42

During the past 13 years, Feng Hsin Steel Co's highest Days Payable was 24.76. The lowest was 15.33. And the median was 19.55.

TPE:2015's Days Payable is ranked worse than
82.26% of 603 companies
in the Steel industry
Industry Median: 38.92 vs TPE:2015: 17.42

Feng Hsin Steel Co's Days Payable increased from Dec. 2023 (16.20) to Dec. 2024 (17.91). It may suggest that Feng Hsin Steel Co delayed paying its suppliers.

Feng Hsin Steel Co Days Payable Historical Data

The historical data trend for Feng Hsin Steel 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.

Feng Hsin Steel Co Days Payable Chart

Feng Hsin Steel Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

19.30

16.18

15.33

16.70

17.24

Feng Hsin Steel 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															16.20	18.45	15.63	17.99	17.91

Competitive Comparison of Feng Hsin Steel Co's Days Payable

For the Steel subindustry, Feng Hsin Steel 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.

Feng Hsin Steel Co's Days Payable Distribution in the Steel Industry

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

* The bar in red indicates where Feng Hsin Steel Co's Days Payable falls into.

Save Embed

;

Save Embed

;

Feng Hsin Steel 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.

Feng Hsin Steel 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
=	( (1570.989	+	1332.049)	/	2 )	/	30724.826	*	365
=	1451.519					/	30724.826	*	365
=	17.24

Feng Hsin Steel 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
=	( (1703.096	+	1332.049)	/	2 )	/	7733.377	*	365 / 4
=	1517.5725					/	7733.377	*	365 / 4
=	17.91

Feng Hsin Steel Co Days Payable Related Terms

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

Feng Hsin Steel Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Feng Hsin Steel Co Ltd (TPE:2015) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 998, Jiahou Road, Section 1, Houli district, Taichung, TWN, 421

Website

https://www.fenghsin.com.tw

Feng Hsin Steel Co Ltd is engaged in the manufacturing and processing of angle irons, steel channels, flat structural frames, and shafts. These products are used in a wide range of applications, including bridge-building, structural uses for power transmission towers, assembling frames for machinery, shipbuilding, oil storage containers, mechanical constructions, woodworking machinery, lock components, machine parts, hand tools, piping components, auto-transmission parts, civil construction, and tunnel construction. The company generates most of its revenue from the Taiwan market.

Feng Hsin Steel Co Headlines

No Headlines