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Rich Honour International Designs Co (TPE:6754) Days Payable : 122.92 (As of Sep. 2024)


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What is Rich Honour International Designs Co Days Payable?

Rich Honour International Designs Co's average Accounts Payable for the three months ended in Sep. 2024 was NT$1,507 Mil. Rich Honour International Designs Co's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$1,118 Mil. Hence, Rich Honour International Designs Co's Days Payable for the three months ended in Sep. 2024 was 122.92.

The historical rank and industry rank for Rich Honour International Designs Co's Days Payable or its related term are showing as below:

TPE:6754' s Days Payable Range Over the Past 10 Years
Min: 86.78   Med: 119.69   Max: 151.47
Current: 126.22

During the past 8 years, Rich Honour International Designs Co's highest Days Payable was 151.47. The lowest was 86.78. And the median was 119.69.

TPE:6754's Days Payable is ranked better than
80.26% of 912 companies
in the Business Services industry
Industry Median: 46.675 vs TPE:6754: 126.22

Rich Honour International Designs Co's Days Payable increased from Sep. 2023 (112.21) to Sep. 2024 (122.92). It may suggest that Rich Honour International Designs Co delayed paying its suppliers.


Rich Honour International Designs Co Days Payable Historical Data

The historical data trend for Rich Honour International Designs 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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Rich Honour International Designs Co Days Payable Chart

Rich Honour International Designs Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 119.84 151.47 119.54 125.27 151.32

Rich Honour International Designs Co 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 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 112.21 109.80 146.02 132.21 122.92

Competitive Comparison of Rich Honour International Designs Co's Days Payable

For the Consulting Services subindustry, Rich Honour International Designs 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.


Rich Honour International Designs Co's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Rich Honour International Designs Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Rich Honour International Designs Co's Days Payable falls into.



Rich Honour International Designs 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.

Rich Honour International Designs 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
=( (1476.626 + 1519.34) / 2 ) / 3613.324*365
=1497.983 / 3613.324*365
=151.32

Rich Honour International Designs Co'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
=( (1456.965 + 1556.129) / 2 ) / 1118.402*365 / 4
=1506.547 / 1118.402*365 / 4
=122.92

* 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.


Rich Honour International Designs Co Days Payable Related Terms

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Rich Honour International Designs Co Business Description

Traded in Other Exchanges
N/A
Address
Nanjing East Road, 12th Floor, No. 75, Section 4, Songshan District, Taipei, TWN, 105
Rich Honour International Designs Co Ltd is a Taiwan based company engaged in providing various business services such as Interior design, interior decoration, renovation, Project management, Master planing, Boutiques implementation design, Interior fitting-out, and others.

Rich Honour International Designs Co Headlines

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