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Kuo Yang Construction Co (TPE:2505) Days Payable : 129.63 (As of Mar. 2024)


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What is Kuo Yang Construction Co Days Payable?

Kuo Yang Construction Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$143.4 Mil. Kuo Yang Construction Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$100.9 Mil. Hence, Kuo Yang Construction Co's Days Payable for the three months ended in Mar. 2024 was 129.63.

The historical rank and industry rank for Kuo Yang Construction Co's Days Payable or its related term are showing as below:

TPE:2505' s Days Payable Range Over the Past 10 Years
Min: 30.91   Med: 148.84   Max: 509.75
Current: 116.14

During the past 13 years, Kuo Yang Construction Co's highest Days Payable was 509.75. The lowest was 30.91. And the median was 148.84.

TPE:2505's Days Payable is ranked better than
54.24% of 1582 companies
in the Real Estate industry
Industry Median: 99.725 vs TPE:2505: 116.14

Kuo Yang Construction Co's Days Payable increased from Mar. 2023 (86.42) to Mar. 2024 (129.63). It may suggest that Kuo Yang Construction Co delayed paying its suppliers.


Kuo Yang Construction Co Days Payable Historical Data

The historical data trend for Kuo Yang Construction 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.

Kuo Yang Construction Co Days Payable Chart

Kuo Yang Construction Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 152.94 30.91 59.35 35.63 144.73

Kuo Yang Construction Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 86.42 787.33 93.26 67.62 129.63

Competitive Comparison of Kuo Yang Construction Co's Days Payable

For the Real Estate - Development subindustry, Kuo Yang Construction 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.


Kuo Yang Construction Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kuo Yang Construction Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Kuo Yang Construction Co's Days Payable falls into.



Kuo Yang Construction 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.

Kuo Yang Construction 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
=( (224.527 + 127.524) / 2 ) / 443.914*365
=176.0255 / 443.914*365
=144.73

Kuo Yang Construction Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (127.524 + 159.276) / 2 ) / 100.945*365 / 4
=143.4 / 100.945*365 / 4
=129.63

* 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.


Kuo Yang Construction Co Days Payable Related Terms

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Kuo Yang Construction Co (TPE:2505) Business Description

Traded in Other Exchanges
N/A
Address
Zhongxiao East Road, 18th Floor, No. 555, Section 4, Taipei City, TWN
Kuo Yang Construction Co Ltd is a Taiwan based company. The company is engaged in the construction of public housing and the lease and sales of commercial residential buildings, industrial plants, and commercial buildings.

Kuo Yang Construction Co (TPE:2505) Headlines

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