Tatwah Smartech Co (SZSE:002512) Days Payable : 247.96 (As of Mar. 2024)

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What is Tatwah Smartech Co Days Payable?

Tatwah Smartech Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥936 Mil. Tatwah Smartech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥344 Mil. Hence, Tatwah Smartech Co's Days Payable for the three months ended in Mar. 2024 was 247.96.

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

SZSE:002512' s Days Payable Range Over the Past 10 Years
Min: 54.29 Med: 120.68 Max: 193.27
Current: 193.27

During the past 13 years, Tatwah Smartech Co's highest Days Payable was 193.27. The lowest was 54.29. And the median was 120.68.

SZSE:002512's Days Payable is ranked better than
90.78% of 965 companies
in the Semiconductors industry
Industry Median: 51.74 vs SZSE:002512: 193.27

Tatwah Smartech Co's Days Payable increased from Mar. 2023 (94.53) to Mar. 2024 (247.96). It may suggest that Tatwah Smartech Co delayed paying its suppliers.

Tatwah Smartech Co Days Payable Historical Data

The historical data trend for Tatwah Smartech 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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Tatwah Smartech Co Days Payable Chart

Tatwah Smartech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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127.47

135.35

136.81

183.07

174.58

Tatwah Smartech 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															94.53	147.24	189.14	202.82	247.96

Competitive Comparison of Tatwah Smartech Co's Days Payable

For the Semiconductors subindustry, Tatwah Smartech 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.

Tatwah Smartech Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tatwah Smartech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tatwah Smartech Co's Days Payable falls into.

Tatwah Smartech 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.

Tatwah Smartech 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
=	( (683.668	+	949.026)	/	2 )	/	1706.792	*	365
=	816.347					/	1706.792	*	365
=	174.58

Tatwah Smartech 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
=	( (949.026	+	922.329)	/	2 )	/	344.334	*	365 / 4
=	935.6775					/	344.334	*	365 / 4
=	247.96

Tatwah Smartech Co Days Payable Related Terms

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Tatwah Smartech Co (SZSE:002512) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tatwah Smartech Co Ltd (SZSE:002512) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.9, Shuiyi South Road, Taifeng Industrial park, Xiaolan Town, Zhongshan City, Guangdong Province, CHN

Website

http://www.twh.com.cn

Tatwah Smartech Co Ltd operates in the semiconductor industry. The company is mainly engaged in the design, development, production, distribution of radio-frequency identification (RFID) system. Its product portfolio comprises RFID cards, clamshell and combi cards, leather key fobs, phone attachments, RFID wristband, NFC and metal mount tags, public transport products, laundry and waste bin and other tags. Its products are primarily used in transportation, education, home, agricultural tracing, internet finance, manufacturing, asset management, warehouse, and logistics applications.

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