CH BIOTECH R&D CO (TPE:6534) Days Payable : 9.40 (As of Mar. 2024)

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What is CH BIOTECH R&D CO Days Payable?

CH BIOTECH R&D CO's average Accounts Payable for the three months ended in Mar. 2024 was NT$11 Mil. CH BIOTECH R&D CO's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$111 Mil. Hence, CH BIOTECH R&D CO's Days Payable for the three months ended in Mar. 2024 was 9.40.

The historical rank and industry rank for CH BIOTECH R&D CO's Days Payable or its related term are showing as below:

TPE:6534' s Days Payable Range Over the Past 10 Years
Min: 5.85 Med: 14.53 Max: 29.4
Current: 10.35

During the past 11 years, CH BIOTECH R&D CO's highest Days Payable was 29.40. The lowest was 5.85. And the median was 14.53.

TPE:6534's Days Payable is ranked worse than
96.61% of 236 companies
in the Agriculture industry
Industry Median: 75.02 vs TPE:6534: 10.35

CH BIOTECH R&D CO's Days Payable increased from Mar. 2023 (4.91) to Mar. 2024 (9.40). It may suggest that CH BIOTECH R&D CO delayed paying its suppliers.

CH BIOTECH R&D CO Days Payable Historical Data

The historical data trend for CH BIOTECH R&D 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.

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CH BIOTECH R&D CO Days Payable Chart

CH BIOTECH R&D CO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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14.19

14.87

29.40

18.48

13.52

CH BIOTECH R&D CO Quarterly Data
	Mar17	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															4.91	4.13	15.77	19.01	9.40

Competitive Comparison of CH BIOTECH R&D CO's Days Payable

For the Agricultural Inputs subindustry, CH BIOTECH R&D 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.

CH BIOTECH R&D CO's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, CH BIOTECH R&D CO's Days Payable distribution charts can be found below:

* The bar in red indicates where CH BIOTECH R&D CO's Days Payable falls into.

CH BIOTECH R&D 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.

CH BIOTECH R&D 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
=	( (9.615	+	9.257)	/	2 )	/	254.733	*	365
=	9.436					/	254.733	*	365
=	13.52

CH BIOTECH R&D CO'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
=	( (9.257	+	13.642)	/	2 )	/	111.141	*	365 / 4
=	11.4495					/	111.141	*	365 / 4
=	9.40

CH BIOTECH R&D CO Days Payable Related Terms

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CH BIOTECH R&D CO (TPE:6534) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » CH BIOTECH R&D CO LTD (TPE:6534) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 89, Wenxian Road, Nantou, TWN, 54041

Website

https://www.chbio.com

CH BIOTECH R&D CO LTD is a Taiwan-based company engaged in the manufacture and sales of fertilizer, as well as providing biotechnology services. It is engaged in the research, development, manufacturing, & sales of proprietary plant growth regulators & specialty micronutrient fertilizers. Its products include nutrient Efficiency Stress Reduction, Plant Growth Promotion, Crop Fruit Quality, Plant Derived Biotechnology. Geographically it generates the majority of its revenue from the United States.

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