Tai Twun Enterprises Co (TPE:3432) Days Payable : 35.92 (As of Mar. 2024)

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What is Tai Twun Enterprises Co Days Payable?

Tai Twun Enterprises Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$1.73 Mil. Tai Twun Enterprises Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$4.40 Mil. Hence, Tai Twun Enterprises Co's Days Payable for the three months ended in Mar. 2024 was 35.92.

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

TPE:3432' s Days Payable Range Over the Past 10 Years
Min: 47.27 Med: 76.72 Max: 107.65
Current: 55.98

During the past 13 years, Tai Twun Enterprises Co's highest Days Payable was 107.65. The lowest was 47.27. And the median was 76.72.

TPE:3432's Days Payable is ranked worse than
64.63% of 2923 companies
in the Industrial Products industry
Industry Median: 76.67 vs TPE:3432: 55.98

Tai Twun Enterprises Co's Days Payable declined from Mar. 2023 (70.86) to Mar. 2024 (35.92). It may suggest that Tai Twun Enterprises Co accelerated paying its suppliers.

Tai Twun Enterprises Co Days Payable Historical Data

The historical data trend for Tai Twun Enterprises 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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Tai Twun Enterprises Co Days Payable Chart

Tai Twun Enterprises Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

80.72

83.70

47.27

48.51

50.93

Tai Twun Enterprises 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															70.86	62.68	57.66	70.70	35.92

Competitive Comparison of Tai Twun Enterprises Co's Days Payable

For the Electrical Equipment & Parts subindustry, Tai Twun Enterprises 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.

Tai Twun Enterprises Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tai Twun Enterprises Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tai Twun Enterprises Co's Days Payable falls into.

Tai Twun Enterprises 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.

Tai Twun Enterprises 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
=	( (1.94	+	1.204)	/	2 )	/	11.267	*	365
=	1.572					/	11.267	*	365
=	50.93

Tai Twun Enterprises 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
=	( (1.204	+	2.262)	/	2 )	/	4.403	*	365 / 4
=	1.733					/	4.403	*	365 / 4
=	35.92

Tai Twun Enterprises Co Days Payable Related Terms

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Tai Twun Enterprises Co (TPE:3432) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tai Twun Enterprises Co Ltd (TPE:3432) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 880, Zhongzheng Road, 13th Floor, Zhonghe District, Taipei, TWN

Website

http://www.taitwun.com.tw

Tai Twun Enterprises Co Ltd manufactures and markets electronic components such as electronic and communication terminals and connectors.

Tai Twun Enterprises Co (TPE:3432) Headlines

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