Makalot Industrial Co (TPE:1477) Days Payable : 29.09 (As of Mar. 2024)

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What is Makalot Industrial Co Days Payable?

Makalot Industrial Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$1,999 Mil. Makalot Industrial Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$6,271 Mil. Hence, Makalot Industrial Co's Days Payable for the three months ended in Mar. 2024 was 29.09.

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

TPE:1477' s Days Payable Range Over the Past 10 Years
Min: 30.58 Med: 33.03 Max: 35.95
Current: 30.58

During the past 13 years, Makalot Industrial Co's highest Days Payable was 35.95. The lowest was 30.58. And the median was 33.03.

TPE:1477's Days Payable is ranked worse than
74.93% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs TPE:1477: 30.58

Makalot Industrial Co's Days Payable declined from Mar. 2023 (29.93) to Mar. 2024 (29.09). It may suggest that Makalot Industrial Co accelerated paying its suppliers.

Makalot Industrial Co Days Payable Historical Data

The historical data trend for Makalot Industrial 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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Makalot Industrial Co Days Payable Chart

Makalot Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

32.64

34.65

33.41

31.38

30.65

Makalot Industrial 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															29.93	33.66	28.80	33.71	29.09

Competitive Comparison of Makalot Industrial Co's Days Payable

For the Apparel Manufacturing subindustry, Makalot Industrial 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.

Makalot Industrial Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Makalot Industrial Co's Days Payable falls into.

Makalot Industrial 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.

Makalot Industrial 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
=	( (1859.078	+	2186.79)	/	2 )	/	24092.38	*	365
=	2022.934					/	24092.38	*	365
=	30.65

Makalot Industrial 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
=	( (2186.79	+	1811.424)	/	2 )	/	6270.989	*	365 / 4
=	1999.107					/	6270.989	*	365 / 4
=	29.09

Makalot Industrial Co Days Payable Related Terms

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Makalot Industrial Co (TPE:1477) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Makalot Industrial Co Ltd (TPE:1477) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 550, Zhongxiao East Road, 8th Floor, Section 4, Taipei, TWN, 110

Website

https://www.makalot.com.tw

Makalot Industrial Co Ltd is a Taiwan-based company. The company along with its subsidiaries is involved in the manufacturing and processing of garments. Geographically the company earns revenue from the American region and other regions with the majority earned from the American region.

Makalot Industrial Co (TPE:1477) Headlines

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