Collins Co (TPE:2906) Days Payable : 48.51 (As of Sep. 2024)

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What is Collins Co Days Payable?

Collins Co's average Accounts Payable for the three months ended in Sep. 2024 was NT$856 Mil. Collins Co's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$1,610 Mil. Hence, Collins Co's Days Payable for the three months ended in Sep. 2024 was 48.51.

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

TPE:2906' s Days Payable Range Over the Past 10 Years
Min: 28.79 Med: 53.38 Max: 65.41
Current: 52.65

During the past 13 years, Collins Co's highest Days Payable was 65.41. The lowest was 28.79. And the median was 53.38.

TPE:2906's Days Payable is ranked worse than
50.37% of 1084 companies
in the Retail - Cyclical industry
Industry Median: 52.765 vs TPE:2906: 52.65

Collins Co's Days Payable declined from Sep. 2023 (54.47) to Sep. 2024 (48.51). It may suggest that Collins Co accelerated paying its suppliers.

Collins Co Days Payable Historical Data

The historical data trend for Collins 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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Collins Co Days Payable Chart

Collins Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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61.57

65.41

53.11

50.59

57.84

Collins Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															54.47	54.31	58.28	50.71	48.51

Competitive Comparison of Collins Co's Days Payable

For the Specialty Retail subindustry, Collins 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.

Collins Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Collins Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Collins Co's Days Payable falls into.

Collins 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.

Collins 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
=	( (891.77	+	887.949)	/	2 )	/	5615.164	*	365
=	889.8595					/	5615.164	*	365
=	57.84

Collins Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (863.858	+	848.093)	/	2 )	/	1610.038	*	365 / 4
=	855.9755					/	1610.038	*	365 / 4
=	48.51

Collins Co Days Payable Related Terms

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Collins Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Collins Co Ltd (TPE:2906) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 95, Xintai 5th Road, 21st Floor-8, Xizhi District, New Taipei, TWN, 221416

Website

http://www.collins.com.tw

Collins Co Ltd is mainly engaged in import and export trading, clothing retail, leasing, garment processing and trading, medical equipment, biochemical testing, medicine trading, medical management consulting services, and investment. Geographically, it has a presence in Taiwan, America, and Other countries, with the majority of revenue being derived from Taiwan. Its segments include the Trading business department, Fashion life business department, and Other business departments. It derives a majority of its revenue from the Trading business department.

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