Great China Metal Industry Co (TPE:9905) Days Payable : 30.78 (As of Sep. 2024)

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What is Great China Metal Industry Co Days Payable?

Great China Metal Industry Co's average Accounts Payable for the three months ended in Sep. 2024 was NT$721 Mil. Great China Metal Industry Co's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$2,139 Mil. Hence, Great China Metal Industry Co's Days Payable for the three months ended in Sep. 2024 was 30.78.

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

TPE:9905' s Days Payable Range Over the Past 10 Years
Min: 21.73 Med: 27.19 Max: 40.53
Current: 40.53

During the past 13 years, Great China Metal Industry Co's highest Days Payable was 40.53. The lowest was 21.73. And the median was 27.19.

TPE:9905's Days Payable is ranked worse than
70.29% of 377 companies
in the Packaging & Containers industry
Industry Median: 57.14 vs TPE:9905: 40.53

Great China Metal Industry Co's Days Payable increased from Jun. 2023 (29.17) to Sep. 2024 (30.78). It may suggest that Great China Metal Industry Co delayed paying its suppliers.

Great China Metal Industry Co Days Payable Historical Data

The historical data trend for Great China Metal Industry 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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Great China Metal Industry Co Days Payable Chart

Great China Metal Industry Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

30.06

27.74

30.28

25.84

26.21

Great China Metal Industry Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															29.17	24.87	30.33	31.01	30.78

Competitive Comparison of Great China Metal Industry Co's Days Payable

For the Packaging & Containers subindustry, Great China Metal Industry 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.

Great China Metal Industry Co's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Great China Metal Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Great China Metal Industry Co's Days Payable falls into.

Great China Metal Industry 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.

Great China Metal Industry Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (539.047	+	576.743)	/	2 )	/	7768.905	*	365
=	557.895					/	7768.905	*	365
=	26.21

Great China Metal Industry 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
=	( (749.822	+	693.078)	/	2 )	/	2138.586	*	365 / 4
=	721.45					/	2138.586	*	365 / 4
=	30.78

Great China Metal Industry Co Days Payable Related Terms

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Great China Metal Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Great China Metal Industry Co Ltd (TPE:9905) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 293-805, Songjiang Road, Zhongshan District, Taipei, TWN

Website

http://www.gcm.com.tw

Great China Metal Industry Co Ltd engaged in providing printing services for metal, manufacturing and selling metal containers, other plastic products, and packing machines. The company geographically operates in Taiwan, China, Southeast Asia and Others. It derives majority revenue from China.

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