AGV Products (TPE:1217) Days Payable : 77.74 (As of Mar. 2024)

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What is AGV Products Days Payable?

AGV Products's average Accounts Payable for the three months ended in Mar. 2024 was NT$705 Mil. AGV Products's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$827 Mil. Hence, AGV Products's Days Payable for the three months ended in Mar. 2024 was 77.74.

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

TPE:1217' s Days Payable Range Over the Past 10 Years
Min: 23.41 Med: 61.76 Max: 78.95
Current: 76.42

During the past 13 years, AGV Products's highest Days Payable was 78.95. The lowest was 23.41. And the median was 61.76.

TPE:1217's Days Payable is ranked better than
73.73% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 46.09 vs TPE:1217: 76.42

AGV Products's Days Payable increased from Mar. 2023 (58.04) to Mar. 2024 (77.74). It may suggest that AGV Products delayed paying its suppliers.

AGV Products Days Payable Historical Data

The historical data trend for AGV Products'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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AGV Products Days Payable Chart

AGV Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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78.74

78.95

70.31

58.88

64.64

AGV Products 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															58.04	73.72	59.42	103.04	77.74

Competitive Comparison of AGV Products's Days Payable

For the Packaged Foods subindustry, AGV Products'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.

AGV Products's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, AGV Products's Days Payable distribution charts can be found below:

* The bar in red indicates where AGV Products's Days Payable falls into.

AGV Products 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.

AGV Products'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
=	( (542.983	+	691.77)	/	2 )	/	3486.325	*	365
=	617.3765					/	3486.325	*	365
=	64.64

AGV Products'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
=	( (691.77	+	717.804)	/	2 )	/	827.32	*	365 / 4
=	704.787					/	827.32	*	365 / 4
=	77.74

AGV Products Days Payable Related Terms

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AGV Products (TPE:1217) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » AGV Products Corp (TPE:1217) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11, Gongye 2nd Road, Touqiao Industrial Zone, Xingnan Village, Minxiong Township, Chiayi County, TWN

Website

https://www.agv.com.tw

AGV Products Corp is engaged in manufacturing, processing, and distributing food products. It provides varieties of juices, dairy products, traditional food, and healthcare products. The company's products include green tea, herb tea, milk tea, spicy chili sauce, sweet chili sauce, pickled cucumber; olive oil, grape seed oil, canned food, and soft drinks among others. The segments of the company are the room temperature segment, low-temperature segment, international trade segment, health segment, and OEM segment. The majority of the revenue of the company comes from the Room Temperature segment.

AGV Products (TPE:1217) Headlines

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