I Yuan Precision Ind Co (ROCO:2235) Days Payable : 75.84 (As of Mar. 2024)

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What is I Yuan Precision Ind Co Days Payable?

I Yuan Precision Ind Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$85.7 Mil. I Yuan Precision Ind Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$103.1 Mil. Hence, I Yuan Precision Ind Co's Days Payable for the three months ended in Mar. 2024 was 75.84.

The historical rank and industry rank for I Yuan Precision Ind Co's Days Payable or its related term are showing as below:

ROCO:2235' s Days Payable Range Over the Past 10 Years
Min: 60.04 Med: 67.25 Max: 82.53
Current: 82.53

During the past 13 years, I Yuan Precision Ind Co's highest Days Payable was 82.53. The lowest was 60.04. And the median was 67.25.

ROCO:2235's Days Payable is ranked better than
62.59% of 1259 companies
in the Vehicles & Parts industry
Industry Median: 65.87 vs ROCO:2235: 82.53

I Yuan Precision Ind Co's Days Payable declined from Dec. 2022 (80.96) to Mar. 2024 (75.84). It may suggest that I Yuan Precision Ind Co accelerated paying its suppliers.

I Yuan Precision Ind Co Days Payable Historical Data

The historical data trend for I Yuan Precision Ind 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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I Yuan Precision Ind Co Days Payable Chart

I Yuan Precision Ind Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

64.93

66.07

61.16

69.98

71.75

I Yuan Precision Ind Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															80.96	93.13	57.47	55.70	75.84

Competitive Comparison of I Yuan Precision Ind Co's Days Payable

For the Auto Parts subindustry, I Yuan Precision Ind 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.

I Yuan Precision Ind Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, I Yuan Precision Ind Co's Days Payable distribution charts can be found below:

* The bar in red indicates where I Yuan Precision Ind Co's Days Payable falls into.

I Yuan Precision Ind 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.

I Yuan Precision Ind Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (113.865	+	96.909)	/	2 )	/	536.091	*	365
=	105.387					/	536.091	*	365
=	71.75

I Yuan Precision Ind 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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (88.921	+	82.432)	/	2 )	/	103.089	*	365 / 4
=	85.6765					/	103.089	*	365 / 4
=	75.84

I Yuan Precision Ind Co Days Payable Related Terms

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I Yuan Precision Ind Co (ROCO:2235) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » I Yuan Precision Ind Co Ltd (ROCO:2235) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.24, Dinghu Road, Guishan Township, Taoyuan, TWN

Website

http://www.tiy-motor.com

I Yuan Precision Ind Co Ltd is engaged in the manufacturing, production, and trade of automotive parts such as water jet motors and water jets. It is also involved in processing and trading of other auto parts.

I Yuan Precision Ind Co (ROCO:2235) Headlines

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