Chu Yu Hsiang Co (ROCO:2760) Days Payable : 68.51 (As of Dec. 2023)

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What is Chu Yu Hsiang Co Days Payable?

Chu Yu Hsiang Co's average Accounts Payable for the six months ended in Dec. 2023 was NT$16.2 Mil. Chu Yu Hsiang Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$43.2 Mil. Hence, Chu Yu Hsiang Co's Days Payable for the six months ended in Dec. 2023 was 68.51.

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

ROCO:2760' s Days Payable Range Over the Past 10 Years
Min: 28.95 Med: 61.39 Max: 88.15
Current: 82.58

During the past 5 years, Chu Yu Hsiang Co's highest Days Payable was 88.15. The lowest was 28.95. And the median was 61.39.

ROCO:2760's Days Payable is ranked better than
85.29% of 340 companies
in the Restaurants industry
Industry Median: 38.19 vs ROCO:2760: 82.58

Chu Yu Hsiang Co's Days Payable declined from Dec. 2022 (77.14) to Dec. 2023 (68.51). It may suggest that Chu Yu Hsiang Co accelerated paying its suppliers.

Chu Yu Hsiang Co Days Payable Historical Data

The historical data trend for Chu Yu Hsiang 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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Chu Yu Hsiang Co Days Payable Chart

Chu Yu Hsiang Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

28.95

46.52

61.39

83.81

88.15

Chu Yu Hsiang Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			67.13	77.79	77.14	90.67	68.51

Competitive Comparison of Chu Yu Hsiang Co's Days Payable

For the Restaurants subindustry, Chu Yu Hsiang 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.

Chu Yu Hsiang Co's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Chu Yu Hsiang Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chu Yu Hsiang Co's Days Payable falls into.

Chu Yu Hsiang 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.

Chu Yu Hsiang 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
=	( (27.307	+	15.215)	/	2 )	/	88.031	*	365
=	21.261					/	88.031	*	365
=	88.15

Chu Yu Hsiang 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (17.228	+	15.215)	/	2 )	/	43.213	*	365 / 2
=	16.2215					/	43.213	*	365 / 2
=	68.51

Chu Yu Hsiang Co Days Payable Related Terms

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Chu Yu Hsiang Co (ROCO:2760) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Chu Yu Hsiang Co Ltd (ROCO:2760) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88, Sec. 1, Huizhong Road, 21st Floor-2,, Xitun District, Taichung, TWN, 407

Website

https://www.dingtea.com

Chu Yu Hsiang Co Ltd operates a chain of cafe under the Ding Tea brand and sales of related products. The company's product portfolio includes flavored milk, flavored tea, fresh tea, classical flavored tea, yogurt, coffee and chocolate creamy mixture, and creamy milk.

Chu Yu Hsiang Co (ROCO:2760) Headlines

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