Allied Industrial (ROCO:4702) Days Payable : 14.68 (As of Mar. 2024)

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What is Allied Industrial Days Payable?

Allied Industrial's average Accounts Payable for the three months ended in Mar. 2024 was NT$4.6 Mil. Allied Industrial's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$28.7 Mil. Hence, Allied Industrial's Days Payable for the three months ended in Mar. 2024 was 14.68.

The historical rank and industry rank for Allied Industrial's Days Payable or its related term are showing as below:

ROCO:4702' s Days Payable Range Over the Past 10 Years
Min: 2.27 Med: 33.98 Max: 89.45
Current: 5.24

During the past 13 years, Allied Industrial's highest Days Payable was 89.45. The lowest was 2.27. And the median was 33.98.

ROCO:4702's Days Payable is ranked worse than
98.93% of 1501 companies
in the Chemicals industry
Industry Median: 60.59 vs ROCO:4702: 5.24

Allied Industrial's Days Payable increased from Mar. 2023 (1.70) to Mar. 2024 (14.68). It may suggest that Allied Industrial delayed paying its suppliers.

Allied Industrial Days Payable Historical Data

The historical data trend for Allied Industrial'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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Allied Industrial Days Payable Chart

Allied Industrial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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20.73

11.08

2.86

3.06

2.27

Allied Industrial 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															1.70	3.62	4.14	6.35	14.68

Competitive Comparison of Allied Industrial's Days Payable

For the Specialty Chemicals subindustry, Allied Industrial'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.

Allied Industrial's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Allied Industrial's Days Payable distribution charts can be found below:

* The bar in red indicates where Allied Industrial's Days Payable falls into.

Allied Industrial 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.

Allied Industrial'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
=	( (2.325	+	3.409)	/	2 )	/	461.92	*	365
=	2.867					/	461.92	*	365
=	2.27

Allied Industrial'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
=	( (3.409	+	5.824)	/	2 )	/	28.704	*	365 / 4
=	4.6165					/	28.704	*	365 / 4
=	14.68

Allied Industrial Days Payable Related Terms

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Allied Industrial (ROCO:4702) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Allied Industrial Corp Ltd (ROCO:4702) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 76, Tun-Hwa South Road, 12th Floor, Section 2, Taipei, TWN, 10683

Website

https://www.aicgroup.com.tw

Allied Industrial Corp Ltd is a manufacturer and distributor of dispersion dyes. It mainly offers reactive dyes, acid dyes, fine chemicals, disperse dyes, auxiliary dyes, intermediates, electronic industry-related materials, and cosmetic products. It has two reportable operating segments: Segment A and B. Segment A is engaged in trades of chemical products, such as dyes, in Taiwan. Segment B is engaged in strategic investments and trades of chemical products in Asia or other areas.

Allied Industrial (ROCO:4702) Headlines

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