Healthconn (ROCO:6665) Days Payable : 68.02 (As of Jun. 2023)

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What is Healthconn Days Payable?

Healthconn's average Accounts Payable for the six months ended in Jun. 2023 was NT$188 Mil. Healthconn's Cost of Goods Sold for the six months ended in Jun. 2023 was NT$505 Mil. Hence, Healthconn's Days Payable for the six months ended in Jun. 2023 was 68.02.

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

ROCO:6665' s Days Payable Range Over the Past 10 Years
Min: 10.9 Med: 56.01 Max: 149.29
Current: 79.46

During the past 9 years, Healthconn's highest Days Payable was 149.29. The lowest was 10.90. And the median was 56.01.

ROCO:6665's Days Payable is ranked better than
81.25% of 16 companies
in the Healthcare Plans industry
Industry Median: 35.155 vs ROCO:6665: 79.46

Healthconn's Days Payable declined from Jun. 2022 (71.18) to Jun. 2023 (68.02). It may suggest that Healthconn accelerated paying its suppliers.

Healthconn Days Payable Historical Data

The historical data trend for Healthconn'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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Healthconn Days Payable Chart

Healthconn Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

56.01

55.54

64.67

57.98

56.67

Healthconn Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial												65.19	55.91	71.18	85.03	68.02

Competitive Comparison of Healthconn's Days Payable

For the Healthcare Plans subindustry, Healthconn'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.

Healthconn's Days Payable Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Healthconn's Days Payable distribution charts can be found below:

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

Healthconn 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.

Healthconn'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
=	( (173.701	+	209.025)	/	2 )	/	1232.639	*	365
=	191.363					/	1232.639	*	365
=	56.67

Healthconn's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (209.025	+	167.773)	/	2 )	/	505.497	*	365 / 2
=	188.399					/	505.497	*	365 / 2
=	68.02

Healthconn Days Payable Related Terms

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

Healthconn (ROCO:6665) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Healthconn Corp (ROCO:6665) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.54, Sector 1, Zhongxiao East Road, Zhongzheng District, 5th Floor, Taipei City, TWN, 100

Website

https://www.healthconn.com

Healthconn Corp is a Taiwan-based company engaged in the provisions of healthcare services. The company offers product and services such as personal services and corporate services, health monitoring, and others. In addition, it also provides weight management services.

Healthconn (ROCO:6665) Headlines

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