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Evergreen Aviation Technologies (TPE:2645) Days Payable : 23.79 (As of Mar. 2024)


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What is Evergreen Aviation Technologies Days Payable?

Evergreen Aviation Technologies's average Accounts Payable for the three months ended in Mar. 2024 was NT$775 Mil. Evergreen Aviation Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$2,971 Mil. Hence, Evergreen Aviation Technologies's Days Payable for the three months ended in Mar. 2024 was 23.79.

The historical rank and industry rank for Evergreen Aviation Technologies's Days Payable or its related term are showing as below:

TPE:2645' s Days Payable Range Over the Past 10 Years
Min: 17.54   Med: 24.87   Max: 103.26
Current: 23.68

During the past 6 years, Evergreen Aviation Technologies's highest Days Payable was 103.26. The lowest was 17.54. And the median was 24.87.

TPE:2645's Days Payable is ranked worse than
75.86% of 932 companies
in the Transportation industry
Industry Median: 39.05 vs TPE:2645: 23.68

Evergreen Aviation Technologies's Days Payable declined from Mar. 2023 (24.99) to Mar. 2024 (23.79). It may suggest that Evergreen Aviation Technologies accelerated paying its suppliers.


Evergreen Aviation Technologies Days Payable Historical Data

The historical data trend for Evergreen Aviation Technologies'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.

Evergreen Aviation Technologies Days Payable Chart

Evergreen Aviation Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 32.68 103.26 17.54 21.51 22.30

Evergreen Aviation Technologies Quarterly Data
Dec18 Dec19 Jun20 Dec20 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 24.99 25.91 23.70 21.76 23.79

Competitive Comparison of Evergreen Aviation Technologies's Days Payable

For the Airports & Air Services subindustry, Evergreen Aviation Technologies'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.


Evergreen Aviation Technologies's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Evergreen Aviation Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Evergreen Aviation Technologies's Days Payable falls into.



Evergreen Aviation Technologies 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.

Evergreen Aviation Technologies'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
=( (734.262 + 749.493) / 2 ) / 12141.693*365
=741.8775 / 12141.693*365
=22.30

Evergreen Aviation Technologies'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
=( (749.493 + 799.893) / 2 ) / 2970.907*365 / 4
=774.693 / 2970.907*365 / 4
=23.79

* 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.


Evergreen Aviation Technologies Days Payable Related Terms

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Evergreen Aviation Technologies (TPE:2645) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Hang-Zhan South Road, Taiwan Taoyuan International Airport, Dayuan District, Taoyuan, TWN, 337
Evergreen Aviation Technologies Corp is engaged in delivering aircraft maintenance solutions to airline partners. It offers various services such as Ramp and Aog services, HMV and Base services, Aircraft conversion, and Component LRU Overhauls among others. The company's segmen includes Maintenance and Manufacturing. It generates maximum revenue from the Maintenance segment.

Evergreen Aviation Technologies (TPE:2645) Headlines

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