Yao I Fabric Co (ROCO:4430) Days Payable : 25.14 (As of Mar. 2024)

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What is Yao I Fabric Co Days Payable?

Yao I Fabric Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$109 Mil. Yao I Fabric Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$395 Mil. Hence, Yao I Fabric Co's Days Payable for the three months ended in Mar. 2024 was 25.14.

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

ROCO:4430' s Days Payable Range Over the Past 10 Years
Min: 18.39 Med: 26.57 Max: 44.37
Current: 25.37

During the past 13 years, Yao I Fabric Co's highest Days Payable was 44.37. The lowest was 18.39. And the median was 26.57.

ROCO:4430's Days Payable is ranked worse than
80.12% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.25 vs ROCO:4430: 25.37

Yao I Fabric Co's Days Payable increased from Mar. 2023 (20.03) to Mar. 2024 (25.14). It may suggest that Yao I Fabric Co delayed paying its suppliers.

Yao I Fabric Co Days Payable Historical Data

The historical data trend for Yao I Fabric 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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Yao I Fabric Co Days Payable Chart

Yao I Fabric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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38.11

44.37

29.36

24.33

23.29

Yao I Fabric Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															20.03	23.66	26.22	28.51	25.14

Competitive Comparison of Yao I Fabric Co's Days Payable

For the Textile Manufacturing subindustry, Yao I Fabric 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.

Yao I Fabric Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yao I Fabric Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Yao I Fabric Co's Days Payable falls into.

Yao I Fabric 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.

Yao I Fabric 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
=	( (90.875	+	116.127)	/	2 )	/	1622.044	*	365
=	103.501					/	1622.044	*	365
=	23.29

Yao I Fabric Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (116.127	+	101.474)	/	2 )	/	394.839	*	365 / 4
=	108.8005					/	394.839	*	365 / 4
=	25.14

Yao I Fabric Co Days Payable Related Terms

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Yao I Fabric Co (ROCO:4430) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Yao I Fabric Co Ltd (ROCO:4430) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhangmei Road, Hemei Town, No. 334, Section 6, Chang Hua, TWN, 508

Website

http://www.yaoi.com.tw

Yao I Fabric Co Ltd is engaged in the manufacturing and export of tennis strings, badminton lines, fishing lines, industrial lines as well as nylon lines. The company operates in two business groups, such as filament and staple business groups. Its filament business includes trimmer line, monofilament, elastic mesh fabric, sporting goods, bedclothes, pet goods. The staple business includes staple fiber, automobile nonwovens.

Yao I Fabric Co (ROCO:4430) Headlines

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