AMIA Co (TPE:8438) Days Payable : 31.09 (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is AMIA Co Days Payable?

AMIA Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$206 Mil. AMIA Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$605 Mil. Hence, AMIA Co's Days Payable for the three months ended in Mar. 2024 was 31.09.

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

TPE:8438' s Days Payable Range Over the Past 10 Years
Min: 28.94 Med: 35.83 Max: 40
Current: 30.56

During the past 13 years, AMIA Co's highest Days Payable was 40.00. The lowest was 28.94. And the median was 35.83.

TPE:8438's Days Payable is ranked worse than
80.16% of 1497 companies
in the Chemicals industry
Industry Median: 60.59 vs TPE:8438: 30.56

AMIA Co's Days Payable declined from Mar. 2023 (33.92) to Mar. 2024 (31.09). It may suggest that AMIA Co accelerated paying its suppliers.

AMIA Co Days Payable Historical Data

The historical data trend for AMIA 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.

AMIA Co Days Payable Chart

AMIA Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

34.23

40.00

35.80

36.47

32.16

AMIA Co Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															33.92	29.53	31.17	30.71	31.09

Competitive Comparison of AMIA Co's Days Payable

For the Chemicals subindustry, AMIA 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.

AMIA Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, AMIA Co's Days Payable distribution charts can be found below:

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

AMIA 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.

AMIA 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
=	( (261.8	+	209.275)	/	2 )	/	2672.84	*	365
=	235.5375					/	2672.84	*	365
=	32.16

AMIA 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
=	( (209.275	+	203.081)	/	2 )	/	605.113	*	365 / 4
=	206.178					/	605.113	*	365 / 4
=	31.09

AMIA Co Days Payable Related Terms

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

AMIA Co (TPE:8438) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » AMIA Co Ltd (TPE:8438) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.19, Dagong Road, Dayuan District, Taoyuan, TWN

Website

https://www.persee.com.tw

AMIA Co Ltd is a Taiwan-based copper sulfate manufacturer. It is engaged in research and technology development on specialty chemicals, metal compounds, and industrial wastewater treatment for the electronics industry. The products offered by the entity cover sulfate, oxide, and carbonate. The organization also exports its products to various other countries.

AMIA Co (TPE:8438) Headlines

No Headlines