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Global View Co (TPE:3040) Days Payable : 20.98 (As of Mar. 2024)


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What is Global View Co Days Payable?

Global View Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$2.9 Mil. Global View Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$12.5 Mil. Hence, Global View Co's Days Payable for the three months ended in Mar. 2024 was 20.98.

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

TPE:3040' s Days Payable Range Over the Past 10 Years
Min: 15.8   Med: 23.42   Max: 31.86
Current: 21.28

During the past 13 years, Global View Co's highest Days Payable was 31.86. The lowest was 15.80. And the median was 23.42.

TPE:3040's Days Payable is ranked worse than
94.46% of 2419 companies
in the Hardware industry
Industry Median: 67.95 vs TPE:3040: 21.28

Global View Co's Days Payable declined from Mar. 2023 (20.99) to Mar. 2024 (20.98). It may suggest that Global View Co accelerated paying its suppliers.


Global View Co Days Payable Historical Data

The historical data trend for Global View 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.

Global View Co Days Payable Chart

Global View 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 29.52 31.86 19.65 29.22 29.38

Global View 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 20.99 19.92 30.44 22.84 20.98

Competitive Comparison of Global View Co's Days Payable

For the Consumer Electronics subindustry, Global View 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.


Global View Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Global View Co's Days Payable distribution charts can be found below:

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



Global View 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.

Global View 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
=( (3.767 + 3.738) / 2 ) / 46.614*365
=3.7525 / 46.614*365
=29.38

Global View 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
=( (3.738 + 2.004) / 2 ) / 12.488*365 / 4
=2.871 / 12.488*365 / 4
=20.98

* 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.


Global View Co Days Payable Related Terms

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Global View Co (TPE:3040) Business Description

Traded in Other Exchanges
N/A
Address
Section 2, Wenhua Road, 35 floor, No.287, Banqiao District, New Taipei, TWN, 220503
Global View Co Ltd y is a manufacturer and seller of electronic dictionaries, and lessor of properties. Some of its products are electronic dictionary, DVR, MP3 and temperature sensors.

Global View Co (TPE:3040) Headlines

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