Wiselink Co (ROCO:8932) Days Payable : 48.56 (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Wiselink Co Days Payable?

Wiselink Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$86 Mil. Wiselink Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$162 Mil. Hence, Wiselink Co's Days Payable for the three months ended in Mar. 2024 was 48.56.

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

ROCO:8932' s Days Payable Range Over the Past 10 Years
Min: 45.27 Med: 50.21 Max: 59.17
Current: 58.61

During the past 13 years, Wiselink Co's highest Days Payable was 59.17. The lowest was 45.27. And the median was 50.21.

ROCO:8932's Days Payable is ranked better than
51.71% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.86 vs ROCO:8932: 58.61

Wiselink Co's Days Payable increased from Mar. 2023 (46.31) to Mar. 2024 (48.56). It may suggest that Wiselink Co delayed paying its suppliers.

Wiselink Co Days Payable Historical Data

The historical data trend for Wiselink 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.

Wiselink Co Days Payable Chart

Wiselink Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

49.91

49.93

45.27

54.07

46.04

Wiselink 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															46.31	60.18	63.28	55.33	48.56

Competitive Comparison of Wiselink Co's Days Payable

For the Apparel Manufacturing subindustry, Wiselink 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.

Wiselink Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wiselink Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Wiselink Co's Days Payable falls into.

Wiselink 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.

Wiselink 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
=	( (76.914	+	72.409)	/	2 )	/	591.899	*	365
=	74.6615					/	591.899	*	365
=	46.04

Wiselink 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
=	( (72.409	+	100.104)	/	2 )	/	162.084	*	365 / 4
=	86.2565					/	162.084	*	365 / 4
=	48.56

Wiselink Co Days Payable Related Terms

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

Wiselink Co (ROCO:8932) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Wiselink Co Ltd (ROCO:8932) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

7F, No. 196, Joutz Street, Neihu District, Taipei, TWN, 11493

Website

https://www.maxzip.com.tw

Wiselink Co Ltd, formerly Max Zipper Co Ltd is engaged in the production and sales of zippers in Taiwan. It offers a variety of zippers including nylon zippers, Delrin zippers, invisible zippers, metal zippers, zipper accessories, sliders, and other specialized zippers. The reportable segment of the company includes Taiwan and Mainland. The Taiwan segment and the Mainland segment were mainly engaged in the manufacturing, processing, and trading of pulling products and parts, while the other segments were mainly engaged in professional investment. The majority of revenue is derived from the Taiwan segment.

Wiselink Co (ROCO:8932) Headlines

No Headlines