Lien Chang Electronic Enterprise Co (TPE:2431) Days Payable : 54.26 (As of Dec. 2023)

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What is Lien Chang Electronic Enterprise Co Days Payable?

Lien Chang Electronic Enterprise Co's average Accounts Payable for the three months ended in Dec. 2023 was NT$89.5 Mil. Lien Chang Electronic Enterprise Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$150.5 Mil. Hence, Lien Chang Electronic Enterprise Co's Days Payable for the three months ended in Dec. 2023 was 54.26.

The historical rank and industry rank for Lien Chang Electronic Enterprise Co's Days Payable or its related term are showing as below:

TPE:2431' s Days Payable Range Over the Past 10 Years
Min: 78.55 Med: 115.03 Max: 137.33
Current: 78.55

During the past 13 years, Lien Chang Electronic Enterprise Co's highest Days Payable was 137.33. The lowest was 78.55. And the median was 115.03.

TPE:2431's Days Payable is ranked better than
58.53% of 2421 companies
in the Hardware industry
Industry Median: 67.83 vs TPE:2431: 78.55

Lien Chang Electronic Enterprise Co's Days Payable declined from Dec. 2022 (122.56) to Dec. 2023 (54.26). It may suggest that Lien Chang Electronic Enterprise Co accelerated paying its suppliers.

Lien Chang Electronic Enterprise Co Days Payable Historical Data

The historical data trend for Lien Chang Electronic Enterprise 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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Lien Chang Electronic Enterprise Co Days Payable Chart

Lien Chang Electronic Enterprise Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

98.86

129.88

136.29

107.59

80.66

Lien Chang Electronic Enterprise Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															122.56	104.35	92.47	62.11	54.26

Competitive Comparison of Lien Chang Electronic Enterprise Co's Days Payable

For the Electronic Components subindustry, Lien Chang Electronic Enterprise 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.

Lien Chang Electronic Enterprise Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lien Chang Electronic Enterprise Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Lien Chang Electronic Enterprise Co's Days Payable falls into.

Lien Chang Electronic Enterprise 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.

Lien Chang Electronic Enterprise 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
=	( (196.136	+	74.885)	/	2 )	/	613.217	*	365
=	135.5105					/	613.217	*	365
=	80.66

Lien Chang Electronic Enterprise Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (104.061	+	74.885)	/	2 )	/	150.462	*	365 / 4
=	89.473					/	150.462	*	365 / 4
=	54.26

Lien Chang Electronic Enterprise Co Days Payable Related Terms

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Lien Chang Electronic Enterprise Co (TPE:2431) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lien Chang Electronic Enterprise Co Ltd (TPE:2431) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Section 6, Nanjing E. Road, 11th Floor, Number 501, Neihu District, Taipei, TWN, 114

Website

http://www.lienchang.com.tw

Lien Chang Electronic Enterprise Co Ltd is engaged in the manufacturing and trading of power supply units. Its product includes adapter and power supply unit.

Lien Chang Electronic Enterprise Co (TPE:2431) Headlines

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