Taiwan High Speed Rail (TPE:2633) Days Payable : 3.36 (As of Jun. 2024)

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What is Taiwan High Speed Rail Days Payable?

Taiwan High Speed Rail's average Accounts Payable for the three months ended in Jun. 2024 was NT$274 Mil. Taiwan High Speed Rail's Cost of Goods Sold for the three months ended in Jun. 2024 was NT$7,451 Mil. Hence, Taiwan High Speed Rail's Days Payable for the three months ended in Jun. 2024 was 3.36.

The historical rank and industry rank for Taiwan High Speed Rail's Days Payable or its related term are showing as below:

TPE:2633' s Days Payable Range Over the Past 10 Years
Min: 3.67 Med: 4.28 Max: 6.61
Current: 5.75

During the past 13 years, Taiwan High Speed Rail's highest Days Payable was 6.61. The lowest was 3.67. And the median was 4.28.

TPE:2633's Days Payable is ranked worse than
96.93% of 946 companies
in the Transportation industry
Industry Median: 37.13 vs TPE:2633: 5.75

Taiwan High Speed Rail's Days Payable declined from Mar. 2023 (8.19) to Jun. 2024 (3.36). It may suggest that Taiwan High Speed Rail accelerated paying its suppliers.

Taiwan High Speed Rail Days Payable Historical Data

The historical data trend for Taiwan High Speed Rail'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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Taiwan High Speed Rail Days Payable Chart

Taiwan High Speed Rail Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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3.76

3.71

5.74

6.61

4.24

Taiwan High Speed Rail Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															8.19	8.19	5.33	3.73	3.36

Competitive Comparison of Taiwan High Speed Rail's Days Payable

For the Railroads subindustry, Taiwan High Speed Rail'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.

Taiwan High Speed Rail's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Taiwan High Speed Rail's Days Payable distribution charts can be found below:

* The bar in red indicates where Taiwan High Speed Rail's Days Payable falls into.

Taiwan High Speed Rail 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.

Taiwan High Speed Rail'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
=	( (403.869	+	237.135)	/	2 )	/	27618.817	*	365
=	320.502					/	27618.817	*	365
=	4.24

Taiwan High Speed Rail's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (237.135	+	311.381)	/	2 )	/	7450.589	*	365 / 4
=	274.258					/	7450.589	*	365 / 4
=	3.36

Taiwan High Speed Rail Days Payable Related Terms

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Taiwan High Speed Rail Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Taiwan High Speed Rail Corp (TPE:2633) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 66, Jingmao 2nd Road, 13th Floor, Nangang District, Taipei, TWN, 11568

Website

https://www.thsrc.com.tw

Taiwan High Speed Rail Corp is principally engaged in the operation of the high-speed railway system in Taiwan. It generates revenue in the form of railroad transportation revenue.

Taiwan High Speed Rail Headlines

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