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Huang Long Development Co (ROCO:3512) Days Payable : 58.17 (As of Mar. 2024)


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What is Huang Long Development Co Days Payable?

Huang Long Development Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$233 Mil. Huang Long Development Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$365 Mil. Hence, Huang Long Development Co's Days Payable for the three months ended in Mar. 2024 was 58.17.

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

ROCO:3512' s Days Payable Range Over the Past 10 Years
Min: 45.68   Med: 74.65   Max: 184.75
Current: 47.94

During the past 13 years, Huang Long Development Co's highest Days Payable was 184.75. The lowest was 45.68. And the median was 74.65.

ROCO:3512's Days Payable is ranked worse than
71.31% of 1579 companies
in the Real Estate industry
Industry Median: 98.32 vs ROCO:3512: 47.94

Huang Long Development Co's Days Payable increased from Mar. 2023 (34.90) to Mar. 2024 (58.17). It may suggest that Huang Long Development Co delayed paying its suppliers.


Huang Long Development Co Days Payable Historical Data

The historical data trend for Huang Long Development 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.

Huang Long Development Co Days Payable Chart

Huang Long Development 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 128.94 81.90 75.44 66.79 45.68

Huang Long Development 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 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 34.90 113.28 27.54 53.03 58.17

Competitive Comparison of Huang Long Development Co's Days Payable

For the Real Estate Services subindustry, Huang Long Development 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.


Huang Long Development Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Huang Long Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Huang Long Development Co's Days Payable falls into.



Huang Long Development 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.

Huang Long Development 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
=( (327.055 + 258.838) / 2 ) / 2340.558*365
=292.9465 / 2340.558*365
=45.68

Huang Long Development 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
=( (258.838 + 206.725) / 2 ) / 365.16*365 / 4
=232.7815 / 365.16*365 / 4
=58.17

* 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.


Huang Long Development Co Days Payable Related Terms

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Huang Long Development Co (ROCO:3512) Business Description

Traded in Other Exchanges
N/A
Address
No. 171, Songde Road, 16th Floor-2, Xinyi District, Taipei City, TWN, 110
Huang Long Development Co Ltd is a Taiwan-based real estate company. It is engaged in the trading of real estate and the development and rental of residential buildings and office buildings.

Huang Long Development Co (ROCO:3512) Headlines

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