KY Paiho Shih Holdings (TPE:8404) Days Payable : 32.80 (As of Mar. 2024)

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What is KY Paiho Shih Holdings Days Payable?

KY Paiho Shih Holdings's average Accounts Payable for the three months ended in Mar. 2024 was NT$351 Mil. KY Paiho Shih Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$977 Mil. Hence, KY Paiho Shih Holdings's Days Payable for the three months ended in Mar. 2024 was 32.80.

The historical rank and industry rank for KY Paiho Shih Holdings's Days Payable or its related term are showing as below:

TPE:8404' s Days Payable Range Over the Past 10 Years
Min: 26.28 Med: 36.92 Max: 51.58
Current: 32.39

During the past 13 years, KY Paiho Shih Holdings's highest Days Payable was 51.58. The lowest was 26.28. And the median was 36.92.

TPE:8404's Days Payable is ranked worse than
73.16% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 55.97 vs TPE:8404: 32.39

KY Paiho Shih Holdings's Days Payable declined from Mar. 2023 (44.05) to Mar. 2024 (32.80). It may suggest that KY Paiho Shih Holdings accelerated paying its suppliers.

KY Paiho Shih Holdings Days Payable Historical Data

The historical data trend for KY Paiho Shih Holdings'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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KY Paiho Shih Holdings Days Payable Chart

KY Paiho Shih Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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50.54

37.20

36.63

43.80

40.74

KY Paiho Shih Holdings 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															44.05	32.84	29.15	34.30	32.80

Competitive Comparison of KY Paiho Shih Holdings's Days Payable

For the Footwear & Accessories subindustry, KY Paiho Shih Holdings'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.

KY Paiho Shih Holdings's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, KY Paiho Shih Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where KY Paiho Shih Holdings's Days Payable falls into.

KY Paiho Shih Holdings 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.

KY Paiho Shih Holdings'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
=	( (484.545	+	345.575)	/	2 )	/	3718.686	*	365
=	415.06					/	3718.686	*	365
=	40.74

KY Paiho Shih Holdings'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
=	( (345.575	+	356.547)	/	2 )	/	976.611	*	365 / 4
=	351.061					/	976.611	*	365 / 4
=	32.80

KY Paiho Shih Holdings Days Payable Related Terms

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KY Paiho Shih Holdings (TPE:8404) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » KY Paiho Shih Holdings Corp (TPE:8404) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 575 Ho Kang Road, Ho Mei Town, Changhua Hsien, TWN

Website

https://www.paiho.com

KY Paiho Shih Holdings Corp is a textile company involved in the research and development, manufacturing, and sales of main and auxiliary materials and accessories products. It manufactures materials for footwear, garment, and medical industries. The company operates in two segments that are Production and Construction. Its products include Jacquard engineered Mesh, webbing (shoelaces), Premises (including parking space), Touch fastener, Elastic, Other, etc. The company operates in China and Vietnam, out of which most of its revenue is generated from China.

KY Paiho Shih Holdings (TPE:8404) Headlines

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