BEDDING WORLD CO (ROCO:2938) Days Payable : 23.75 (As of Dec. 2023)

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What is BEDDING WORLD CO Days Payable?

BEDDING WORLD CO's average Accounts Payable for the six months ended in Dec. 2023 was NT$18.9 Mil. BEDDING WORLD CO's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$145.1 Mil. Hence, BEDDING WORLD CO's Days Payable for the six months ended in Dec. 2023 was 23.75.

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

ROCO:2938' s Days Payable Range Over the Past 10 Years
Min: 26.94 Med: 31.07 Max: 105.45
Current: 27.56

During the past 11 years, BEDDING WORLD CO's highest Days Payable was 105.45. The lowest was 26.94. And the median was 31.07.

ROCO:2938's Days Payable is ranked worse than
88.09% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.13 vs ROCO:2938: 27.56

BEDDING WORLD CO's Days Payable declined from Dec. 2022 (25.90) to Dec. 2023 (23.75). It may suggest that BEDDING WORLD CO accelerated paying its suppliers.

BEDDING WORLD CO Days Payable Historical Data

The historical data trend for BEDDING WORLD 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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BEDDING WORLD CO Days Payable Chart

BEDDING WORLD CO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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29.79

29.22

26.94

27.26

27.57

BEDDING WORLD CO Semi-Annual Data
	Dec13	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															20.57	26.71	25.90	31.69	23.75

Competitive Comparison of BEDDING WORLD CO's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, BEDDING WORLD 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.

BEDDING WORLD CO's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, BEDDING WORLD CO's Days Payable distribution charts can be found below:

* The bar in red indicates where BEDDING WORLD CO's Days Payable falls into.

BEDDING WORLD 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.

BEDDING WORLD 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
=	( (25.322	+	16.747)	/	2 )	/	278.461	*	365
=	21.0345					/	278.461	*	365
=	27.57

BEDDING WORLD 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
=	( (21.003	+	16.747)	/	2 )	/	145.061	*	365 / 2
=	18.875					/	145.061	*	365 / 2
=	23.75

BEDDING WORLD CO Days Payable Related Terms

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BEDDING WORLD CO (ROCO:2938) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » BEDDING WORLD CO LTD (ROCO:2938) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 88, Sec. 1, Jiuzong Road, Neihu District, Taipei City, TWN

Website

http://www.beddingworld.com.tw

BEDDING WORLD CO LTD is a Taiwan based company mainly engaged in manufacturing of a variety of beds. The company's product offerings include Classic bed, National mattress, Grand Canyon, Statue of Liberty, Harvard and other brands of beds and other related stuff.

BEDDING WORLD CO (ROCO:2938) Headlines

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