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Thunder Tiger (TPE:8033) Days Payable : 50.84 (As of Mar. 2024)


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What is Thunder Tiger Days Payable?

Thunder Tiger's average Accounts Payable for the three months ended in Mar. 2024 was NT$88 Mil. Thunder Tiger's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$158 Mil. Hence, Thunder Tiger's Days Payable for the three months ended in Mar. 2024 was 50.84.

The historical rank and industry rank for Thunder Tiger's Days Payable or its related term are showing as below:

TPE:8033' s Days Payable Range Over the Past 10 Years
Min: 22.37   Med: 42.73   Max: 73.69
Current: 53.37

During the past 13 years, Thunder Tiger's highest Days Payable was 73.69. The lowest was 22.37. And the median was 42.73.

TPE:8033's Days Payable is ranked worse than
52.51% of 756 companies
in the Travel & Leisure industry
Industry Median: 57.71 vs TPE:8033: 53.37

Thunder Tiger's Days Payable increased from Mar. 2023 (46.80) to Mar. 2024 (50.84). It may suggest that Thunder Tiger delayed paying its suppliers.


Thunder Tiger Days Payable Historical Data

The historical data trend for Thunder Tiger'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.

Thunder Tiger Days Payable Chart

Thunder Tiger Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.64 22.37 37.88 50.58 47.86

Thunder Tiger Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 46.80 49.43 56.64 58.16 50.84

Competitive Comparison of Thunder Tiger's Days Payable

For the Leisure subindustry, Thunder Tiger'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.


Thunder Tiger's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Thunder Tiger's Days Payable distribution charts can be found below:

* The bar in red indicates where Thunder Tiger's Days Payable falls into.



Thunder Tiger 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.

Thunder Tiger'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
=( (74.557 + 81.238) / 2 ) / 594.129*365
=77.8975 / 594.129*365
=47.86

Thunder Tiger'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
=( (81.238 + 95.183) / 2 ) / 158.325*365 / 4
=88.2105 / 158.325*365 / 4
=50.84

* 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.


Thunder Tiger Days Payable Related Terms

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Thunder Tiger (TPE:8033) Business Description

Traded in Other Exchanges
N/A
Address
No.7, 6th Road, Industry Park, Taichung, TWN, 40755
Thunder Tiger Corp is a Taiwan-based company engaged in the manufacturing and selling of remote-controlled planes, helicopters, cars, boats, engine parts, and medical devices. The company has a presence in the USA, Taiwan, and others.

Thunder Tiger (TPE:8033) Headlines

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