New Palace International Co (TPE:8940) Days Payable : 40.97 (As of Dec. 2024)

View and export this data going back to 2007. Start your Free Trial

What is New Palace International Co Days Payable?

New Palace International Co's average Accounts Payable for the three months ended in Dec. 2024 was NT$98 Mil. New Palace International Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$219 Mil. Hence, New Palace International Co's Days Payable for the three months ended in Dec. 2024 was 40.97.

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

TPE:8940' s Days Payable Range Over the Past 10 Years
Min: 31.74 Med: 49.49 Max: 78.67
Current: 41.84

During the past 13 years, New Palace International Co's highest Days Payable was 78.67. The lowest was 31.74. And the median was 49.49.

TPE:8940's Days Payable is ranked better than
53.58% of 349 companies
in the Restaurants industry
Industry Median: 39.95 vs TPE:8940: 41.84

New Palace International Co's Days Payable increased from Dec. 2023 (40.69) to Dec. 2024 (40.97). It may suggest that New Palace International Co delayed paying its suppliers.

New Palace International Co Days Payable Historical Data

The historical data trend for New Palace International 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.

New Palace International Co Days Payable Chart

New Palace International Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

58.75

78.67

70.14

57.44

54.11

New Palace International Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															40.69	33.61	43.03	40.33	40.97

Competitive Comparison of New Palace International Co's Days Payable

For the Restaurants subindustry, New Palace International 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.

New Palace International Co's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, New Palace International Co's Days Payable distribution charts can be found below:

* The bar in red indicates where New Palace International Co's Days Payable falls into.

Save Embed

;

Save Embed

;

New Palace International 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.

New Palace International Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (121.752	+	124.572)	/	2 )	/	830.863	*	365
=	123.162					/	830.863	*	365
=	54.11

New Palace International Co's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (72.213	+	124.572)	/	2 )	/	219.126	*	365 / 4
=	98.3925					/	219.126	*	365 / 4
=	40.97

New Palace International Co Days Payable Related Terms

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

New Palace International Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » New Palace International Co Ltd (TPE:8940) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 456, Hanxi East Road, Section 1, East District, Taichang, TWN, 401

Website

https://www.newpalace.com.tw

New Palace International Co Ltd is a Taiwan-based company engaged in the catering industry. Its products and services include the provision of traditional catering services, banquets, and buffets.

New Palace International Co Headlines

No Headlines