Nak Sealing Technologies (TPE:9942) Days Payable : 21.19 (As of Dec. 2024)

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What is Nak Sealing Technologies Days Payable?

Nak Sealing Technologies's average Accounts Payable for the three months ended in Dec. 2024 was NT$140 Mil. Nak Sealing Technologies's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$603 Mil. Hence, Nak Sealing Technologies's Days Payable for the three months ended in Dec. 2024 was 21.19.

The historical rank and industry rank for Nak Sealing Technologies's Days Payable or its related term are showing as below:

TPE:9942' s Days Payable Range Over the Past 10 Years
Min: 20.46 Med: 22.4 Max: 26.45
Current: 20.46

During the past 13 years, Nak Sealing Technologies's highest Days Payable was 26.45. The lowest was 20.46. And the median was 22.40.

TPE:9942's Days Payable is ranked worse than
92.19% of 1281 companies
in the Vehicles & Parts industry
Industry Median: 65.28 vs TPE:9942: 20.46

Nak Sealing Technologies's Days Payable increased from Dec. 2023 (18.19) to Dec. 2024 (21.19). It may suggest that Nak Sealing Technologies delayed paying its suppliers.

Nak Sealing Technologies Days Payable Historical Data

The historical data trend for Nak Sealing Technologies'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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Nak Sealing Technologies Days Payable Chart

Nak Sealing Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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23.58

22.61

26.45

22.17

20.74

Nak Sealing Technologies 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															18.19	19.58	19.77	20.98	21.19

Competitive Comparison of Nak Sealing Technologies's Days Payable

For the Auto Parts subindustry, Nak Sealing Technologies'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.

Nak Sealing Technologies's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nak Sealing Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Nak Sealing Technologies's Days Payable falls into.

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Nak Sealing Technologies 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.

Nak Sealing Technologies'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
=	( (122.728	+	143.411)	/	2 )	/	2342.05	*	365
=	133.0695					/	2342.05	*	365
=	20.74

Nak Sealing Technologies'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
=	( (136.618	+	143.411)	/	2 )	/	603.024	*	365 / 4
=	140.0145					/	603.024	*	365 / 4
=	21.19

Nak Sealing Technologies Days Payable Related Terms

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Nak Sealing Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nak Sealing Technologies Corp (TPE:9942) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 336 Industrial Road, Nankang Industrial Zone, Nantou, TWN

Website

https://www.nak.com.tw

Nak Sealing Technologies Corp manufactures and sells oil seals and technical sealing products for various applications around the world. It is involved in the production and sale of oil seals, rubber compounds, manufacturing of automobiles, motorcycles, transportation equipment, and machinery. Geographically the company caters its products within domestic markets and to overseas markets, including the Americas, Europe, the rest of Asia, and others.

Nak Sealing Technologies Headlines

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