GenMont Biotech (TPE:3164) Days Payable : 21.37 (As of Mar. 2024)

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What is GenMont Biotech Days Payable?

GenMont Biotech's average Accounts Payable for the three months ended in Mar. 2024 was NT$8.7 Mil. GenMont Biotech's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$37.2 Mil. Hence, GenMont Biotech's Days Payable for the three months ended in Mar. 2024 was 21.37.

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

TPE:3164' s Days Payable Range Over the Past 10 Years
Min: 16.14 Med: 35.84 Max: 73.85
Current: 23.96

During the past 13 years, GenMont Biotech's highest Days Payable was 73.85. The lowest was 16.14. And the median was 35.84.

TPE:3164's Days Payable is ranked worse than
88.07% of 721 companies
in the Biotechnology industry
Industry Median: 148.78 vs TPE:3164: 23.96

GenMont Biotech's Days Payable declined from Mar. 2023 (39.00) to Mar. 2024 (21.37). It may suggest that GenMont Biotech accelerated paying its suppliers.

GenMont Biotech Days Payable Historical Data

The historical data trend for GenMont Biotech'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.

GenMont Biotech Days Payable Chart

GenMont Biotech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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23.81

25.08

26.64

42.03

37.96

GenMont Biotech 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															39.00	23.92	22.62	25.50	21.37

Competitive Comparison of GenMont Biotech's Days Payable

For the Biotechnology subindustry, GenMont Biotech'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.

GenMont Biotech's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, GenMont Biotech's Days Payable distribution charts can be found below:

* The bar in red indicates where GenMont Biotech's Days Payable falls into.

GenMont Biotech 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.

GenMont Biotech'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
=	( (14.365	+	7.852)	/	2 )	/	106.823	*	365
=	11.1085					/	106.823	*	365
=	37.96

GenMont Biotech'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
=	( (7.852	+	9.57)	/	2 )	/	37.194	*	365 / 4
=	8.711					/	37.194	*	365 / 4
=	21.37

GenMont Biotech Days Payable Related Terms

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GenMont Biotech (TPE:3164) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » GenMont Biotech Inc (TPE:3164) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Nanke 7th Road,, Tainan Science and Technology Park, Shanhua District, Tainan, TWN

Website

http://www.genmont.com.tw

GenMont Biotech Inc is engaged in the research, development, manufacturing and selling of a variety of probiotic supplements.

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