Globe Union Industrial (TPE:9934) Days Payable : 49.03 (As of Dec. 2024)

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What is Globe Union Industrial Days Payable?

Globe Union Industrial's average Accounts Payable for the three months ended in Dec. 2024 was NT$1,611 Mil. Globe Union Industrial's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$2,999 Mil. Hence, Globe Union Industrial's Days Payable for the three months ended in Dec. 2024 was 49.03.

The historical rank and industry rank for Globe Union Industrial's Days Payable or its related term are showing as below:

TPE:9934' s Days Payable Range Over the Past 10 Years
Min: 46.03 Med: 61.47 Max: 70.75
Current: 50.15

During the past 13 years, Globe Union Industrial's highest Days Payable was 70.75. The lowest was 46.03. And the median was 61.47.

TPE:9934's Days Payable is ranked worse than
70.68% of 1671 companies
in the Construction industry
Industry Median: 76.84 vs TPE:9934: 50.15

Globe Union Industrial's Days Payable declined from Dec. 2023 (50.56) to Dec. 2024 (49.03). It may suggest that Globe Union Industrial accelerated paying its suppliers.

Globe Union Industrial Days Payable Historical Data

The historical data trend for Globe Union Industrial'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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Globe Union Industrial Days Payable Chart

Globe Union Industrial Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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70.75

60.65

48.66

49.43

46.03

Globe Union Industrial 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															50.56	50.16	50.63	54.84	49.03

Competitive Comparison of Globe Union Industrial's Days Payable

For the Building Products & Equipment subindustry, Globe Union Industrial'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.

Globe Union Industrial's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Globe Union Industrial's Days Payable distribution charts can be found below:

* The bar in red indicates where Globe Union Industrial's Days Payable falls into.

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Globe Union Industrial 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.

Globe Union Industrial'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
=	( (1549.681	+	1472.969)	/	2 )	/	11984.959	*	365
=	1511.325					/	11984.959	*	365
=	46.03

Globe Union Industrial'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
=	( (1749.123	+	1472.969)	/	2 )	/	2998.517	*	365 / 4
=	1611.046					/	2998.517	*	365 / 4
=	49.03

Globe Union Industrial Days Payable Related Terms

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Globe Union Industrial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Globe Union Industrial Corp (TPE:9934) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.22, Chien-Kuo Road, Tanzi District, Taichung, TWN

Website

https://www.globeunion.com

Globe Union Industrial Corp specializes in the manufacturing and sale of plumbing products. The main products of the company are faucets, showerheads, and vitreous china. The company also manufactures fixtures and fittings, valves, and other plumbing-related products. The brands of the company include Bathrooms To Love, Gerber, RefleXion, Lenz, and Prima. The company operates through geographic segments which consist of Taiwan, China, America, and Europe, and the majority of revenue comes from the America segment.

Globe Union Industrial Headlines

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