Feei Cherng Develop Technology Co (ROCO:3313) Days Payable : 58.24 (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Feei Cherng Develop Technology Co Days Payable?

Feei Cherng Develop Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$8.43 Mil. Feei Cherng Develop Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$13.21 Mil. Hence, Feei Cherng Develop Technology Co's Days Payable for the three months ended in Mar. 2024 was 58.24.

The historical rank and industry rank for Feei Cherng Develop Technology Co's Days Payable or its related term are showing as below:

ROCO:3313' s Days Payable Range Over the Past 10 Years
Min: 2.89 Med: 40.01 Max: 83.58
Current: 27.5

During the past 13 years, Feei Cherng Develop Technology Co's highest Days Payable was 83.58. The lowest was 2.89. And the median was 40.01.

ROCO:3313's Days Payable is ranked worse than
75.42% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 45.64 vs ROCO:3313: 27.50

Feei Cherng Develop Technology Co's Days Payable increased from Mar. 2023 (19.38) to Mar. 2024 (58.24). It may suggest that Feei Cherng Develop Technology Co delayed paying its suppliers.

Feei Cherng Develop Technology Co Days Payable Historical Data

The historical data trend for Feei Cherng Develop Technology 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.

Feei Cherng Develop Technology Co Days Payable Chart

Feei Cherng Develop Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

17.32

3.68

2.89

15.03

34.83

Feei Cherng Develop Technology Co 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															19.38	10,052.71	6.73	27.57	58.24

Competitive Comparison of Feei Cherng Develop Technology Co's Days Payable

For the Farm Products subindustry, Feei Cherng Develop Technology 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.

Feei Cherng Develop Technology Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Feei Cherng Develop Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Feei Cherng Develop Technology Co's Days Payable falls into.

Feei Cherng Develop Technology 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.

Feei Cherng Develop Technology 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
=	( (0.376	+	7.652)	/	2 )	/	42.062	*	365
=	4.014					/	42.062	*	365
=	34.83

Feei Cherng Develop Technology 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: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (7.652	+	9.208)	/	2 )	/	13.209	*	365 / 4
=	8.43					/	13.209	*	365 / 4
=	58.24

Feei Cherng Develop Technology Co Days Payable Related Terms

Thank you for viewing the detailed overview of Feei Cherng Develop Technology Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Feei Cherng Develop Technology Co (ROCO:3313) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Feei Cherng Develop Technology Co Ltd (ROCO:3313) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Section 2, Yonghua Road, 11st Floor, Rm. 2, No. 248, Anping District, Tainan, TWN, 708008

Website

http://www.fce.com.tw

Feei Cherng Develop Technology Co Ltd formerly Feei Cherng Enterprise Co Ltd is engaged in the Livestock Farming, bulk raw material trading and housing and building development and rental. It operates in animal husbandry service industry and breeding industry. Its product includes white broiler, imitation chicken, pheasant, silky chicken, ancient chicken.

Feei Cherng Develop Technology Co (ROCO:3313) Headlines

No Headlines