TOPBI International Holdings (TPE:2929) Days Payable : 139.06 (As of Mar. 2024)

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What is TOPBI International Holdings Days Payable?

TOPBI International Holdings's average Accounts Payable for the three months ended in Mar. 2024 was NT$603 Mil. TOPBI International Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$396 Mil. Hence, TOPBI International Holdings's Days Payable for the three months ended in Mar. 2024 was 139.06.

The historical rank and industry rank for TOPBI International Holdings's Days Payable or its related term are showing as below:

TPE:2929' s Days Payable Range Over the Past 10 Years
Min: 98.8 Med: 122.93 Max: 144.02
Current: 98.8

During the past 13 years, TOPBI International Holdings's highest Days Payable was 144.02. The lowest was 98.80. And the median was 122.93.

TPE:2929's Days Payable is ranked better than
76.43% of 1014 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.43 vs TPE:2929: 98.80

TOPBI International Holdings's Days Payable increased from Mar. 2023 (127.57) to Mar. 2024 (139.06). It may suggest that TOPBI International Holdings delayed paying its suppliers.

TOPBI International Holdings Days Payable Historical Data

The historical data trend for TOPBI International Holdings'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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TOPBI International Holdings Days Payable Chart

TOPBI International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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123.17

130.56

144.02

143.49

139.67

TOPBI International Holdings 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															127.57	112.86	94.34	77.20	139.06

Competitive Comparison of TOPBI International Holdings's Days Payable

For the Apparel Manufacturing subindustry, TOPBI International Holdings'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.

TOPBI International Holdings's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TOPBI International Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where TOPBI International Holdings's Days Payable falls into.

TOPBI International Holdings 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.

TOPBI International Holdings'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
=	( (769.521	+	756.453)	/	2 )	/	1993.953	*	365
=	762.987					/	1993.953	*	365
=	139.67

TOPBI International Holdings'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
=	( (756.453	+	450.167)	/	2 )	/	395.877	*	365 / 4
=	603.31					/	395.877	*	365 / 4
=	139.06

TOPBI International Holdings Days Payable Related Terms

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TOPBI International Holdings (TPE:2929) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » TOPBI International Holdings Ltd (TPE:2929) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.97, Xinhu 1st Road, 2nd Floor, Neihu District, Taipei, TWN, 11494

Website

https://www.topbi.com.tw

TOPBI International Holdings Ltd is a children's clothing manufacturer. Its products, which it sells under the TOPBI (Amoy) brand, are designed for middle-class families with children under 16 years old. Nearly half of the company's sales are from items designed for the 1- to 3-year-old age group. TOPBI sells its products through both company-owned stores and third-party distributors. The company focuses on reaching customers in the developing market in China, and its roughly 1,500 stores are in more than a dozen Chinese provinces.

TOPBI International Holdings (TPE:2929) Headlines

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