TSH Biopharm (ROCO:8432) Days Payable : 50.91 (As of Mar. 2024)

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What is TSH Biopharm Days Payable?

TSH Biopharm's average Accounts Payable for the three months ended in Mar. 2024 was NT$42.5 Mil. TSH Biopharm's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$76.2 Mil. Hence, TSH Biopharm's Days Payable for the three months ended in Mar. 2024 was 50.91.

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

ROCO:8432' s Days Payable Range Over the Past 10 Years
Min: 20.02 Med: 66.31 Max: 87.46
Current: 22.6

During the past 13 years, TSH Biopharm's highest Days Payable was 87.46. The lowest was 20.02. And the median was 66.31.

ROCO:8432's Days Payable is ranked worse than
94.66% of 974 companies
in the Drug Manufacturers industry
Industry Median: 89.345 vs ROCO:8432: 22.60

TSH Biopharm's Days Payable increased from Mar. 2023 (47.36) to Mar. 2024 (50.91). It may suggest that TSH Biopharm delayed paying its suppliers.

TSH Biopharm Days Payable Historical Data

The historical data trend for TSH Biopharm'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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TSH Biopharm Days Payable Chart

TSH Biopharm Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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72.07

52.23

20.02

35.95

47.90

TSH Biopharm 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															47.36	27.64	35.27	12.41	50.91

Competitive Comparison of TSH Biopharm's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, TSH Biopharm'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.

TSH Biopharm's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, TSH Biopharm's Days Payable distribution charts can be found below:

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

TSH Biopharm 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.

TSH Biopharm'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
=	( (56.903	+	50.978)	/	2 )	/	411.018	*	365
=	53.9405					/	411.018	*	365
=	47.90

TSH Biopharm'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
=	( (50.978	+	34.048)	/	2 )	/	76.195	*	365 / 4
=	42.513					/	76.195	*	365 / 4
=	50.91

TSH Biopharm Days Payable Related Terms

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TSH Biopharm (ROCO:8432) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » TSH Biopharm Corp Ltd (ROCO:8432) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.3-1, Park Street, 3rd Floor-1, Nangang District, Taipei, TWN, 115

Website

https://www.tshbiopharm.com

TSH Biopharm Corp Ltd is engaged in the sale of a variety of pharmaceuticals, chemical drugs and biotechnology services. The Company's revenue is earned domestically.

TSH Biopharm (ROCO:8432) Headlines

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