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Double Bond Chemical Ind Co (TPE:4764) Days Payable : 38.79 (As of Dec. 2024)


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What is Double Bond Chemical Ind Co Days Payable?

Double Bond Chemical Ind Co's average Accounts Payable for the three months ended in Dec. 2024 was NT$264 Mil. Double Bond Chemical Ind Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$621 Mil. Hence, Double Bond Chemical Ind Co's Days Payable for the three months ended in Dec. 2024 was 38.79.

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

TPE:4764' s Days Payable Range Over the Past 10 Years
Min: 35.5   Med: 42.66   Max: 59.27
Current: 38.64

During the past 12 years, Double Bond Chemical Ind Co's highest Days Payable was 59.27. The lowest was 35.50. And the median was 42.66.

TPE:4764's Days Payable is ranked worse than
70.99% of 1510 companies
in the Chemicals industry
Industry Median: 58.275 vs TPE:4764: 38.64

Double Bond Chemical Ind Co's Days Payable declined from Dec. 2023 (40.34) to Dec. 2024 (38.79). It may suggest that Double Bond Chemical Ind Co accelerated paying its suppliers.


Double Bond Chemical Ind Co Days Payable Historical Data

The historical data trend for Double Bond Chemical Ind 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.

Double Bond Chemical Ind Co Days Payable Chart

Double Bond Chemical Ind Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.86 40.64 41.35 42.91 35.50

Double Bond Chemical Ind Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 40.34 42.02 39.13 38.47 38.79

Competitive Comparison of Double Bond Chemical Ind Co's Days Payable

For the Specialty Chemicals subindustry, Double Bond Chemical Ind 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.


Double Bond Chemical Ind Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Double Bond Chemical Ind Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Double Bond Chemical Ind Co's Days Payable falls into.


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Double Bond Chemical Ind 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.

Double Bond Chemical Ind Co'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
=( (202.975 + 251.069) / 2 ) / 2333.972*365
=227.022 / 2333.972*365
=35.50

Double Bond Chemical Ind Co's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (277.018 + 251.069) / 2 ) / 621.1*365 / 4
=264.0435 / 621.1*365 / 4
=38.79

* 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.


Double Bond Chemical Ind Co Days Payable Related Terms

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Double Bond Chemical Ind Co Business Description

Traded in Other Exchanges
N/A
Address
No. 959, Zhongzheng Road, 4th Floor, Zhonghe District, New Taipei, TWN, 235
Double Bond Chemical Ind Co Ltd is engaged in the manufacturing of fine chemicals. The company's products include UV-curable products, Digital Printing Inks, LED, Additives for Plastics and Coatings, and among others. It focuses on the polymer and UV-Coating industries.

Double Bond Chemical Ind Co Headlines

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