G-Shank Enterprise Co (TPE:2476) Days Payable : 42.50 (As of Dec. 2024)

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What is G-Shank Enterprise Co Days Payable?

G-Shank Enterprise Co's average Accounts Payable for the three months ended in Dec. 2024 was NT$541 Mil. G-Shank Enterprise Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$1,161 Mil. Hence, G-Shank Enterprise Co's Days Payable for the three months ended in Dec. 2024 was 42.50.

The historical rank and industry rank for G-Shank Enterprise Co's Days Payable or its related term are showing as below:

TPE:2476' s Days Payable Range Over the Past 10 Years
Min: 37.84 Med: 40.2 Max: 44.4
Current: 40.31

During the past 13 years, G-Shank Enterprise Co's highest Days Payable was 44.40. The lowest was 37.84. And the median was 40.20.

TPE:2476's Days Payable is ranked worse than
78.43% of 2944 companies
in the Industrial Products industry
Industry Median: 76.34 vs TPE:2476: 40.31

G-Shank Enterprise Co's Days Payable increased from Dec. 2023 (41.13) to Dec. 2024 (42.50). It may suggest that G-Shank Enterprise Co delayed paying its suppliers.

G-Shank Enterprise Co Days Payable Historical Data

The historical data trend for G-Shank 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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G-Shank Enterprise Co Days Payable Chart

G-Shank Enterprise Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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39.72

37.84

42.03

44.40

39.05

G-Shank Enterprise 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															41.13	40.60	39.62	39.75	42.50

Competitive Comparison of G-Shank Enterprise Co's Days Payable

For the Specialty Industrial Machinery subindustry, G-Shank 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.

G-Shank Enterprise Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, G-Shank Enterprise Co's Days Payable distribution charts can be found below:

* The bar in red indicates where G-Shank Enterprise Co's Days Payable falls into.

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G-Shank 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.

G-Shank Enterprise 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
=	( (436.591	+	517.61)	/	2 )	/	4459.38	*	365
=	477.1005					/	4459.38	*	365
=	39.05

G-Shank Enterprise 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
=	( (563.686	+	517.61)	/	2 )	/	1160.749	*	365 / 4
=	540.648					/	1160.749	*	365 / 4
=	42.50

G-Shank Enterprise Co Days Payable Related Terms

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G-Shank Enterprise Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » G-Shank Enterprise Co Ltd (TPE:2476) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Jiuzhou Road, Jiudou Li, Hsinwu District, Taoyuan, TWN

Website

https://www.gshank.info

G-Shank Enterprise Co Ltd is a Taiwan-based company that engages in the production of molds, stamping parts, fixtures and tools, automatic machines and electrical appliances, and mechanical components. Its products include Stepping motors, Spindle motors, Molds, Punching items, Metal stamping tools, and Connectors. Its products are used in Automotive parts, Electronics components, Medical parts, Industrial parts, and others. Geographically the company caters its services to Taiwan, China, Indonesia, Mexico, Malaysia, Thailand, and Japan.

G-Shank Enterprise Co Headlines

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