General Plastic Industrial Co (TPE:6128) Days Payable : 58.06 (As of Jun. 2024)

View and export this data going back to 2003. Start your Free Trial

What is General Plastic Industrial Co Days Payable?

General Plastic Industrial Co's average Accounts Payable for the three months ended in Jun. 2024 was NT$509 Mil. General Plastic Industrial Co's Cost of Goods Sold for the three months ended in Jun. 2024 was NT$801 Mil. Hence, General Plastic Industrial Co's Days Payable for the three months ended in Jun. 2024 was 58.06.

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

TPE:6128' s Days Payable Range Over the Past 10 Years
Min: 28.14 Med: 45.65 Max: 60.71
Current: 50.18

During the past 13 years, General Plastic Industrial Co's highest Days Payable was 60.71. The lowest was 28.14. And the median was 45.65.

TPE:6128's Days Payable is ranked worse than
69.86% of 2946 companies
in the Industrial Products industry
Industry Median: 75.56 vs TPE:6128: 50.18

General Plastic Industrial Co's Days Payable increased from Jun. 2023 (42.36) to Jun. 2024 (58.06). It may suggest that General Plastic Industrial Co delayed paying its suppliers.

General Plastic Industrial Co Days Payable Historical Data

The historical data trend for General Plastic Industrial 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.

General Plastic Industrial Co Days Payable Chart

General Plastic Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

52.14

60.71

52.92

53.10

55.41

General Plastic Industrial Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															42.36	40.74	47.93	52.66	58.06

Competitive Comparison of General Plastic Industrial Co's Days Payable

For the Business Equipment & Supplies subindustry, General Plastic Industrial 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.

General Plastic Industrial Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, General Plastic Industrial Co's Days Payable distribution charts can be found below:

* The bar in red indicates where General Plastic Industrial Co's Days Payable falls into.

General Plastic Industrial 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.

General Plastic Industrial 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
=	( (492.42	+	449.965)	/	2 )	/	3103.844	*	365
=	471.1925					/	3103.844	*	365
=	55.41

General Plastic Industrial Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (471.388	+	547.603)	/	2 )	/	800.69	*	365 / 4
=	509.4955					/	800.69	*	365 / 4
=	58.06

General Plastic Industrial Co Days Payable Related Terms

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

General Plastic Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » General Plastic Industrial Co Ltd (TPE:6128) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

50. Tzu-Chiang Road, Wu-Chi Town, Taichung, TWN, 43547

Website

https://www.gpi.com.tw

General Plastic Industrial Co Ltd is a Taiwan-based company mainly engaged in the manufacture of copier and laser printer toner cartridges. The company provides OPC drum gears, multi-function toner, laser printer toner and copier toner cartridges, personal protective equipments.

General Plastic Industrial Co Headlines

No Headlines