Gordon Auto Body Parts Co (TPE:1524) Days Payable : 70.17 (As of Mar. 2024)

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What is Gordon Auto Body Parts Co Days Payable?

Gordon Auto Body Parts Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$386 Mil. Gordon Auto Body Parts Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$501 Mil. Hence, Gordon Auto Body Parts Co's Days Payable for the three months ended in Mar. 2024 was 70.17.

The historical rank and industry rank for Gordon Auto Body Parts Co's Days Payable or its related term are showing as below:

TPE:1524' s Days Payable Range Over the Past 10 Years
Min: 51.33 Med: 61.56 Max: 65.82
Current: 56.85

During the past 13 years, Gordon Auto Body Parts Co's highest Days Payable was 65.82. The lowest was 51.33. And the median was 61.56.

TPE:1524's Days Payable is ranked worse than
58.32% of 1262 companies
in the Vehicles & Parts industry
Industry Median: 66.79 vs TPE:1524: 56.85

Gordon Auto Body Parts Co's Days Payable increased from Mar. 2023 (47.24) to Mar. 2024 (70.17). It may suggest that Gordon Auto Body Parts Co delayed paying its suppliers.

Gordon Auto Body Parts Co Days Payable Historical Data

The historical data trend for Gordon Auto Body Parts 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.

* Premium members only.

Gordon Auto Body Parts Co Days Payable Chart

Gordon Auto Body Parts Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

51.33

56.01

59.94

52.91

61.28

Gordon Auto Body Parts 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															47.24	41.51	56.66	64.44	70.17

Competitive Comparison of Gordon Auto Body Parts Co's Days Payable

For the Auto Parts subindustry, Gordon Auto Body Parts 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.

Gordon Auto Body Parts Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Gordon Auto Body Parts Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Gordon Auto Body Parts Co's Days Payable falls into.

Gordon Auto Body Parts 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.

Gordon Auto Body Parts 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
=	( (263.995	+	397.052)	/	2 )	/	1968.591	*	365
=	330.5235					/	1968.591	*	365
=	61.28

Gordon Auto Body Parts 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
=	( (397.052	+	374.125)	/	2 )	/	501.425	*	365 / 4
=	385.5885					/	501.425	*	365 / 4
=	70.17

Gordon Auto Body Parts Co Days Payable Related Terms

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Gordon Auto Body Parts Co (TPE:1524) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Gordon Auto Body Parts Co Ltd (TPE:1524) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.48 Nieh Hsi Road, Luchu District, Taoyuan Hsien, TWN, 338

Website

http://www.gordon.com.tw

Gordon Auto Body Parts Co Ltd operates in the auto parts industry. The company is engaged as a manufacturer of replacement crash parts. The products offered by the company include door, hood, inner fender, mirror, radiator support, side panel, steel bumper, tailgate, and mold building.

Gordon Auto Body Parts Co (TPE:1524) Headlines

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