Nww Manufacturing Co (ROCO:2245) Days Payable : 29.31 (As of Dec. 2023)

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What is Nww Manufacturing Co Days Payable?

Nww Manufacturing Co's average Accounts Payable for the six months ended in Dec. 2023 was NT$20.1 Mil. Nww Manufacturing Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$125.2 Mil. Hence, Nww Manufacturing Co's Days Payable for the six months ended in Dec. 2023 was 29.31.

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

ROCO:2245' s Days Payable Range Over the Past 10 Years
Min: 24.12 Med: 31.97 Max: 42.5
Current: 31.69

During the past 10 years, Nww Manufacturing Co's highest Days Payable was 42.50. The lowest was 24.12. And the median was 31.97.

ROCO:2245's Days Payable is ranked worse than
84.37% of 1260 companies
in the Vehicles & Parts industry
Industry Median: 66.48 vs ROCO:2245: 31.69

Nww Manufacturing Co's Days Payable declined from Dec. 2022 (50.72) to Dec. 2023 (29.31). It may suggest that Nww Manufacturing Co accelerated paying its suppliers.

Nww Manufacturing Co Days Payable Historical Data

The historical data trend for Nww Manufacturing 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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Nww Manufacturing Co Days Payable Chart

Nww Manufacturing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

24.12

35.25

42.50

42.33

32.99

Nww Manufacturing Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial														46.61	48.30	50.72	32.79	29.31

Competitive Comparison of Nww Manufacturing Co's Days Payable

For the Auto Parts subindustry, Nww Manufacturing 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.

Nww Manufacturing Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nww Manufacturing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nww Manufacturing Co's Days Payable falls into.

Nww Manufacturing 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.

Nww Manufacturing Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (24.518	+	20.406)	/	2 )	/	248.483	*	365
=	22.462					/	248.483	*	365
=	32.99

Nww Manufacturing Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (19.794	+	20.406)	/	2 )	/	125.157	*	365 / 2
=	20.1					/	125.157	*	365 / 2
=	29.31

Nww Manufacturing Co Days Payable Related Terms

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Nww Manufacturing Co (ROCO:2245) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nww Manufacturing Co Ltd (ROCO:2245) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 209, Section 3, Zhongzheng Road, Rende District, Tainan, TWN, 82243

Website

http://www.nwwmfg.com.tw

Nww Manufacturing Co Ltd is involved in the manufacturing of Ignition components. Its main products include distributor caps, PBT tube, ignition rubber boots, ignition cable, terminals, ignition coil-on-plug boots, and some assembly parts.

Nww Manufacturing Co (ROCO:2245) Headlines

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