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Chailease Holding Co (TPE:5871) Days Payable : 111.97 (As of Dec. 2023)


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What is Chailease Holding Co Days Payable?

Chailease Holding Co's average Accounts Payable for the three months ended in Dec. 2023 was NT$4,109 Mil. Chailease Holding Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$3,348 Mil. Hence, Chailease Holding Co's Days Payable for the three months ended in Dec. 2023 was 111.97.

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

TPE:5871' s Days Payable Range Over the Past 10 Years
Min: 118.53   Med: 154.93   Max: 312.67
Current: 136.73

During the past 13 years, Chailease Holding Co's highest Days Payable was 312.67. The lowest was 118.53. And the median was 154.93.

TPE:5871's Days Payable is ranked better than
73.4% of 282 companies
in the Credit Services industry
Industry Median: 48.745 vs TPE:5871: 136.73

Chailease Holding Co's Days Payable declined from Dec. 2022 (130.44) to Dec. 2023 (111.97). It may suggest that Chailease Holding Co accelerated paying its suppliers.


Chailease Holding Co Days Payable Historical Data

The historical data trend for Chailease Holding 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.

* Premium members only.

Chailease Holding Co Days Payable Chart

Chailease Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 128.20 312.67 238.37 176.22 133.64

Chailease Holding Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 130.44 158.29 154.69 127.92 111.97

Competitive Comparison of Chailease Holding Co's Days Payable

For the Credit Services subindustry, Chailease Holding 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.


Chailease Holding Co's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Chailease Holding Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chailease Holding Co's Days Payable falls into.



Chailease Holding 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.

Chailease Holding 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
=( (5247.199 + 4353.433) / 2 ) / 13110.615*365
=4800.316 / 13110.615*365
=133.64

Chailease Holding Co'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
=( (3864.292 + 4353.433) / 2 ) / 3348.495*365 / 4
=4108.8625 / 3348.495*365 / 4
=111.97

* 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.


Chailease Holding Co Days Payable Related Terms

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Chailease Holding Co (TPE:5871) Business Description

Traded in Other Exchanges
Address
No. 362, Ruiguang Road, Neihu District, Taipei, TWN
Chailease Holding Co Ltd provides various forms of financing and primarily operates in Taiwan and mainland China. The company also has a presence in the Western United States. Its main products and services include leasing, instalment sales, import/export financing, and direct financing to corporations and small and medium-sized enterprises. The company began operations by primarily providing asset-backed financing to companies in heavy industries to help with their property, plant, and equipment needs. The majority of the company's revenue is interest income. Geographically, the company's revenue is split nearly evenly between Taiwan, China, and ASEAN regions.

Chailease Holding Co (TPE:5871) Headlines

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