Wan Hai Lines (TPE:2615) Days Payable : 34.95 (As of Dec. 2023)

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What is Wan Hai Lines Days Payable?

Wan Hai Lines's average Accounts Payable for the three months ended in Dec. 2023 was NT$9,448 Mil. Wan Hai Lines's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$24,665 Mil. Hence, Wan Hai Lines's Days Payable for the three months ended in Dec. 2023 was 34.95.

The historical rank and industry rank for Wan Hai Lines's Days Payable or its related term are showing as below:

TPE:2615' s Days Payable Range Over the Past 10 Years
Min: 32.57 Med: 42.44 Max: 46.86
Current: 36.38

During the past 13 years, Wan Hai Lines's highest Days Payable was 46.86. The lowest was 32.57. And the median was 42.44.

TPE:2615's Days Payable is ranked worse than
53.6% of 931 companies
in the Transportation industry
Industry Median: 39.3 vs TPE:2615: 36.38

Wan Hai Lines's Days Payable increased from Dec. 2022 (33.32) to Dec. 2023 (34.95). It may suggest that Wan Hai Lines delayed paying its suppliers.

Wan Hai Lines Days Payable Historical Data

The historical data trend for Wan Hai Lines'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.

Wan Hai Lines Days Payable Chart

Wan Hai Lines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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43.79

46.86

38.64

32.57

38.99

Wan Hai Lines Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															33.32	36.97	35.59	35.29	34.95

Competitive Comparison of Wan Hai Lines's Days Payable

For the Marine Shipping subindustry, Wan Hai Lines'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.

Wan Hai Lines's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Wan Hai Lines's Days Payable distribution charts can be found below:

* The bar in red indicates where Wan Hai Lines's Days Payable falls into.

Wan Hai Lines 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.

Wan Hai Lines'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
=	( (12269.193	+	9463.11)	/	2 )	/	101726.018	*	365
=	10866.1515					/	101726.018	*	365
=	38.99

Wan Hai Lines's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (9432.769	+	9463.11)	/	2 )	/	24665.478	*	365 / 4
=	9447.9395					/	24665.478	*	365 / 4
=	34.95

Wan Hai Lines Days Payable Related Terms

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Wan Hai Lines (TPE:2615) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wan Hai Lines Ltd (TPE:2615) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

136, Sung Chiang Road, 10th Floor, Taipei, TWN

Website

https://www.wanhai.com

Wan Hai Lines Ltd is a transportation and logistics company domiciled in Taiwan. The company develops and operates terminals, container yards, and warehouses, and provides container shipping services through its fleet of vessels. Besides, the company constructs and maintains cargo containers, provides container loading and unloading services, and constructs and maintains ships. The company generates the majority of its revenue in Asia, followed by India, the Middle East, and the Red Sea.

Wan Hai Lines (TPE:2615) Headlines

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