Formosa Laboratories (TPE:4746) Days Payable : 33.29 (As of Mar. 2025)

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What is Formosa Laboratories Days Payable?

Formosa Laboratories's average Accounts Payable for the three months ended in Mar. 2025 was NT$242 Mil. Formosa Laboratories's Cost of Goods Sold for the three months ended in Mar. 2025 was NT$663 Mil. Hence, Formosa Laboratories's Days Payable for the three months ended in Mar. 2025 was 33.29.

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

TPE:4746' s Days Payable Range Over the Past 10 Years
Min: 28.59 Med: 33.28 Max: 42.77
Current: 32.12

During the past 13 years, Formosa Laboratories's highest Days Payable was 42.77. The lowest was 28.59. And the median was 33.28.

TPE:4746's Days Payable is ranked worse than
87.96% of 922 companies
in the Drug Manufacturers industry
Industry Median: 87.915 vs TPE:4746: 32.12

Formosa Laboratories's Days Payable declined from Mar. 2024 (33.75) to Mar. 2025 (33.29). It may suggest that Formosa Laboratories accelerated paying its suppliers.

Formosa Laboratories Days Payable Historical Data

The historical data trend for Formosa Laboratories'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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Formosa Laboratories Days Payable Chart

Formosa Laboratories Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

32.05

34.51

29.88

29.10

28.59

Formosa Laboratories Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															33.75	30.60	36.97	27.75	33.29

Competitive Comparison of Formosa Laboratories's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Formosa Laboratories'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.

Formosa Laboratories's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Formosa Laboratories's Days Payable distribution charts can be found below:

* The bar in red indicates where Formosa Laboratories's Days Payable falls into.

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Formosa Laboratories 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.

Formosa Laboratories's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (202.109	+	218.026)	/	2 )	/	2682.33	*	365
=	210.0675					/	2682.33	*	365
=	28.59

Formosa Laboratories's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (218.026	+	265.663)	/	2 )	/	662.822	*	365 / 4
=	241.8445					/	662.822	*	365 / 4
=	33.29

Formosa Laboratories Days Payable Related Terms

Thank you for viewing the detailed overview of Formosa Laboratories's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Formosa Laboratories Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Formosa Laboratories Inc (TPE:4746) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 36-1, Hoping Street, Louchu, Taoyuan, TWN, 33842

Website

https://www.formosalab.com

Formosa Laboratories Inc is mainly engaged in the wholesale and manufacturing of active pharmaceutical ingredients, as well as ultraviolet absorbers. The company geographically operates in India, Taiwan, Netherlands, Switzerland, Germany, Japan, China, Canada, United States, Spain and Others.

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