Shinfox Energy Co (TPE:6806) Days Payable : 70.39 (As of Sep. 2024)

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What is Shinfox Energy Co Days Payable?

Shinfox Energy Co's average Accounts Payable for the three months ended in Sep. 2024 was NT$2,123 Mil. Shinfox Energy Co's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$2,752 Mil. Hence, Shinfox Energy Co's Days Payable for the three months ended in Sep. 2024 was 70.39.

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

TPE:6806' s Days Payable Range Over the Past 10 Years
Min: 39.16 Med: 99.19 Max: 159.65
Current: 39.16

During the past 7 years, Shinfox Energy Co's highest Days Payable was 159.65. The lowest was 39.16. And the median was 99.19.

TPE:6806's Days Payable is ranked worse than
72.51% of 382 companies
in the Utilities - Independent Power Producers industry
Industry Median: 82.855 vs TPE:6806: 39.16

Shinfox Energy Co's Days Payable increased from Sep. 2023 (15.81) to Sep. 2024 (70.39). It may suggest that Shinfox Energy Co delayed paying its suppliers.

Shinfox Energy Co Days Payable Historical Data

The historical data trend for Shinfox Energy 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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Shinfox Energy Co Days Payable Chart

Shinfox Energy Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

159.65

151.98

81.03

98.28

41.48

Shinfox Energy 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															15.81	21.42	54.14	36.69	70.39

Competitive Comparison of Shinfox Energy Co's Days Payable

For the Utilities - Renewable subindustry, Shinfox Energy 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.

Shinfox Energy Co's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Shinfox Energy Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shinfox Energy Co's Days Payable falls into.

Shinfox Energy 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.

Shinfox Energy 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
=	( (515.421	+	1776.094)	/	2 )	/	10082.064	*	365
=	1145.7575					/	10082.064	*	365
=	41.48

Shinfox Energy 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
=	( (2340.477	+	1905.244)	/	2 )	/	2752.111	*	365 / 4
=	2122.8605					/	2752.111	*	365 / 4
=	70.39

Shinfox Energy Co Days Payable Related Terms

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Shinfox Energy Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Shinfox Energy Co Ltd (TPE:6806) » Definitions » Days Payable

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Traded in Other Exchanges

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Address

No. 49, Zhongyang Road, Section 4, Tucheng District, New Taipei, TWN, 236040

Website

https://www.shinfox.com.tw

Shinfox Energy Co Ltd is a professional renewable energy and clean energy service company. It is predominantly engaged in the provision of construction services, equipment maintenance and repair, and other services. The company has invested in comprehensive professional energy services such as solar power plants and energy-saving services.

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