Oriental Union Chemical (TPE:1710) Days Payable : 19.58 (As of Mar. 2024)

View and export this data going back to 1987. Start your Free Trial

What is Oriental Union Chemical Days Payable?

Oriental Union Chemical's average Accounts Payable for the three months ended in Mar. 2024 was NT$1,058 Mil. Oriental Union Chemical's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$4,929 Mil. Hence, Oriental Union Chemical's Days Payable for the three months ended in Mar. 2024 was 19.58.

The historical rank and industry rank for Oriental Union Chemical's Days Payable or its related term are showing as below:

TPE:1710' s Days Payable Range Over the Past 10 Years
Min: 19.45 Med: 26.42 Max: 35.02
Current: 20.93

During the past 13 years, Oriental Union Chemical's highest Days Payable was 35.02. The lowest was 19.45. And the median was 26.42.

TPE:1710's Days Payable is ranked worse than
89.5% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs TPE:1710: 20.93

Oriental Union Chemical's Days Payable declined from Mar. 2023 (20.25) to Mar. 2024 (19.58). It may suggest that Oriental Union Chemical accelerated paying its suppliers.

Oriental Union Chemical Days Payable Historical Data

The historical data trend for Oriental Union Chemical'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.

Oriental Union Chemical Days Payable Chart

Oriental Union Chemical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

34.49

24.17

19.45

22.69

22.53

Oriental Union Chemical 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															20.25	20.39	22.92	25.13	19.58

Competitive Comparison of Oriental Union Chemical's Days Payable

For the Chemicals subindustry, Oriental Union Chemical'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.

Oriental Union Chemical's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Oriental Union Chemical's Days Payable distribution charts can be found below:

* The bar in red indicates where Oriental Union Chemical's Days Payable falls into.

Oriental Union Chemical 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.

Oriental Union Chemical'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
=	( (1195.524	+	1333.301)	/	2 )	/	20480.005	*	365
=	1264.4125					/	20480.005	*	365
=	22.53

Oriental Union Chemical'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
=	( (1333.301	+	782.337)	/	2 )	/	4928.743	*	365 / 4
=	1057.819					/	4928.743	*	365 / 4
=	19.58

Oriental Union Chemical Days Payable Related Terms

Thank you for viewing the detailed overview of Oriental Union Chemical's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Oriental Union Chemical (TPE:1710) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Oriental Union Chemical Corp (TPE:1710) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 101, Fu-Hsing North Road, 13th Floor, Taipei, TWN, 105

Website

https://www.oucc.com.tw

Oriental Union Chemical Corp is a Taiwan-based manufacturer and distributor of chemicals and plastic products. The firm is organized in four main segments: ethylene glycols, special chemicals, gas, and investment and other. The ethylene glycols segment, which generates the majority of the firm's revenue, sells chemicals used in the production of polyester, antifreeze, brake fluid, and plastic food and beverage containers. The special chemicals segment sells chemicals used in the production of textiles, personal care products, leather products, rubber, and construction and building materials. The gas segment sells oxygen, nitrogen, and argon. The vast majority of the company's revenue comes from Asia.

Oriental Union Chemical (TPE:1710) Headlines

No Headlines