Topkey (TPE:4536) Days Payable : 29.48 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Topkey Days Payable?

Topkey's average Accounts Payable for the three months ended in Mar. 2024 was NT$405 Mil. Topkey's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,253 Mil. Hence, Topkey's Days Payable for the three months ended in Mar. 2024 was 29.48.

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

TPE:4536' s Days Payable Range Over the Past 10 Years
Min: 27.07 Med: 34.35 Max: 39.65
Current: 27.07

During the past 13 years, Topkey's highest Days Payable was 39.65. The lowest was 27.07. And the median was 34.35.

TPE:4536's Days Payable is ranked worse than
75.73% of 758 companies
in the Travel & Leisure industry
Industry Median: 58.835 vs TPE:4536: 27.07

Topkey's Days Payable increased from Mar. 2023 (27.13) to Mar. 2024 (29.48). It may suggest that Topkey delayed paying its suppliers.

Topkey Days Payable Historical Data

The historical data trend for Topkey'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.

Topkey Days Payable Chart

Topkey Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

33.78

39.65

36.96

32.75

31.07

Topkey 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															27.13	23.65	27.05	27.37	29.48

Competitive Comparison of Topkey's Days Payable

For the Leisure subindustry, Topkey'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.

Topkey's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Topkey's Days Payable distribution charts can be found below:

* The bar in red indicates where Topkey's Days Payable falls into.

Topkey 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.

Topkey'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
=	( (661.69	+	399.963)	/	2 )	/	6235.759	*	365
=	530.8265					/	6235.759	*	365
=	31.07

Topkey'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
=	( (399.963	+	409.489)	/	2 )	/	1252.784	*	365 / 4
=	404.726					/	1252.784	*	365 / 4
=	29.48

Topkey Days Payable Related Terms

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

Topkey (TPE:4536) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Topkey Corp (TPE:4536) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, 20th Road, Industrial Park, Taichung, TWN

Website

http://www.topkey.com.tw/www

Topkey Corp is mainly engaged in the production, processing, sale, international trading, and agency services of sporting goods, carbon fiber products, glass fiber products, and composite materials. Revenue from the sales of goods comes from the sale of sporting goods, aviation products, and medical products. Revenue from the rendering of services comes from professional labor services.

Topkey (TPE:4536) Headlines

No Headlines