Taiwan Chelic (TPE:4555) Days Payable : 41.65 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Taiwan Chelic Days Payable?

Taiwan Chelic's average Accounts Payable for the three months ended in Mar. 2024 was NT$109 Mil. Taiwan Chelic's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$238 Mil. Hence, Taiwan Chelic's Days Payable for the three months ended in Mar. 2024 was 41.65.

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

TPE:4555' s Days Payable Range Over the Past 10 Years
Min: 38.57 Med: 53.49 Max: 78.22
Current: 43.48

During the past 13 years, Taiwan Chelic's highest Days Payable was 78.22. The lowest was 38.57. And the median was 53.49.

TPE:4555's Days Payable is ranked worse than
74.26% of 2420 companies
in the Hardware industry
Industry Median: 67.93 vs TPE:4555: 43.48

Taiwan Chelic's Days Payable declined from Mar. 2023 (47.80) to Mar. 2024 (41.65). It may suggest that Taiwan Chelic accelerated paying its suppliers.

Taiwan Chelic Days Payable Historical Data

The historical data trend for Taiwan Chelic'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.

Taiwan Chelic Days Payable Chart

Taiwan Chelic Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

47.95

51.54

55.37

51.36

38.57

Taiwan Chelic 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															47.80	45.53	48.77	36.01	41.65

Competitive Comparison of Taiwan Chelic's Days Payable

For the Electronic Components subindustry, Taiwan Chelic'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.

Taiwan Chelic's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Taiwan Chelic's Days Payable distribution charts can be found below:

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

Taiwan Chelic 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.

Taiwan Chelic'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
=	( (113.213	+	99.055)	/	2 )	/	1004.354	*	365
=	106.134					/	1004.354	*	365
=	38.57

Taiwan Chelic'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
=	( (99.055	+	118.438)	/	2 )	/	238.257	*	365 / 4
=	108.7465					/	238.257	*	365 / 4
=	41.65

Taiwan Chelic Days Payable Related Terms

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

Taiwan Chelic (TPE:4555) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Taiwan Chelic Corp Ltd (TPE:4555) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 21, Guifeng Street, Taishan District, New Taipei City, TWN, 24355

Website

https://www.chelic.com

Taiwan Chelic Corp Ltd isis mainly engaged in the design, production, and trading of pneumatic and hydraulic equipment for a variety of machinery, and the parts thereof, and electronic parts. Its products include FRL, pneumatic/ hydraulic cylinders, solenoid valves, air control valves, vacuum ejectors, assembly pick and place robots, and hydraulic components. The company's products are used in machinery sectors such as production facilities, inspection machines, packing machines, forming machines, repairmen equipment, and factory automation.

Taiwan Chelic (TPE:4555) Headlines

No Headlines