San Shing Fastech (TPE:5007) Days Payable : 27.29 (As of Sep. 2024)

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What is San Shing Fastech Days Payable?

San Shing Fastech's average Accounts Payable for the three months ended in Sep. 2024 was NT$396 Mil. San Shing Fastech's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$1,323 Mil. Hence, San Shing Fastech's Days Payable for the three months ended in Sep. 2024 was 27.29.

The historical rank and industry rank for San Shing Fastech's Days Payable or its related term are showing as below:

TPE:5007' s Days Payable Range Over the Past 10 Years
Min: 8.83 Med: 10.78 Max: 27.59
Current: 27.59

During the past 13 years, San Shing Fastech's highest Days Payable was 27.59. The lowest was 8.83. And the median was 10.78.

TPE:5007's Days Payable is ranked worse than
89.59% of 2929 companies
in the Industrial Products industry
Industry Median: 75.78 vs TPE:5007: 27.59

San Shing Fastech's Days Payable increased from Sep. 2023 (17.45) to Sep. 2024 (27.29). It may suggest that San Shing Fastech delayed paying its suppliers.

San Shing Fastech Days Payable Historical Data

The historical data trend for San Shing Fastech'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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San Shing Fastech Days Payable Chart

San Shing Fastech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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11.30

13.01

10.01

8.83

18.92

San Shing Fastech Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															17.45	26.88	27.71	31.70	27.29

Competitive Comparison of San Shing Fastech's Days Payable

For the Tools & Accessories subindustry, San Shing Fastech'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.

San Shing Fastech's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, San Shing Fastech's Days Payable distribution charts can be found below:

* The bar in red indicates where San Shing Fastech's Days Payable falls into.

San Shing Fastech 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.

San Shing Fastech'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
=	( (115.62	+	403.631)	/	2 )	/	5007.394	*	365
=	259.6255					/	5007.394	*	365
=	18.92

San Shing Fastech's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (451.149	+	340.099)	/	2 )	/	1322.835	*	365 / 4
=	395.624					/	1322.835	*	365 / 4
=	27.29

San Shing Fastech Days Payable Related Terms

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San Shing Fastech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » San Shing Fastech Corp (TPE:5007) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 355-6, Zhongshan Road, 1st Floor, Section 3, Guiren District, Tainan, TWN

Website

https://www.sanshing.com.tw

San Shing Fastech Corp is a Taiwanese manufacturer of steel nuts and bolts. It also produces washers, screws, wire processing, machineries, dies, and vehicle fasteners for automobiles. The company's reportable segments are; the Fastener segment which focuses on the manufacturing and marketing of bolts, nuts, and washers, processing of wires, and heat treatment; the Machine / Tooling segment focuses on the manufacturing and marketing of toolings and machines; and the Other Operation segment focuses on the marketing of wires, investments, and other financial income and expenditure, etc. The majority of the company's revenue is generated from its Fastener segment. Geographically, key revenue for the firm is derived from the USA followed by Germany, Taiwan, and other regions.

San Shing Fastech Headlines

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