Ta Ya Electric Wire & Cable (TPE:1609) Days Payable : 10.19 (As of Mar. 2024)

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What is Ta Ya Electric Wire & Cable Days Payable?

Ta Ya Electric Wire & Cable's average Accounts Payable for the three months ended in Mar. 2024 was NT$653 Mil. Ta Ya Electric Wire & Cable's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$5,853 Mil. Hence, Ta Ya Electric Wire & Cable's Days Payable for the three months ended in Mar. 2024 was 10.19.

The historical rank and industry rank for Ta Ya Electric Wire & Cable's Days Payable or its related term are showing as below:

TPE:1609' s Days Payable Range Over the Past 10 Years
Min: 8.94 Med: 12.66 Max: 17.6
Current: 12.43

During the past 13 years, Ta Ya Electric Wire & Cable's highest Days Payable was 17.60. The lowest was 8.94. And the median was 12.66.

TPE:1609's Days Payable is ranked worse than
97.62% of 2936 companies
in the Industrial Products industry
Industry Median: 76.395 vs TPE:1609: 12.43

Ta Ya Electric Wire & Cable's Days Payable declined from Mar. 2023 (13.47) to Mar. 2024 (10.19). It may suggest that Ta Ya Electric Wire & Cable accelerated paying its suppliers.

Ta Ya Electric Wire & Cable Days Payable Historical Data

The historical data trend for Ta Ya Electric Wire & Cable'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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Ta Ya Electric Wire & Cable Days Payable Chart

Ta Ya Electric Wire & Cable Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

12.97

12.22

8.94

10.00

10.62

Ta Ya Electric Wire & Cable 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															13.47	16.45	13.73	9.62	10.19

Competitive Comparison of Ta Ya Electric Wire & Cable's Days Payable

For the Electrical Equipment & Parts subindustry, Ta Ya Electric Wire & Cable'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.

Ta Ya Electric Wire & Cable's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ta Ya Electric Wire & Cable's Days Payable distribution charts can be found below:

* The bar in red indicates where Ta Ya Electric Wire & Cable's Days Payable falls into.

Ta Ya Electric Wire & Cable 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.

Ta Ya Electric Wire & Cable'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
=	( (719.575	+	616.998)	/	2 )	/	22960.671	*	365
=	668.2865					/	22960.671	*	365
=	10.62

Ta Ya Electric Wire & Cable'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
=	( (616.998	+	689.8)	/	2 )	/	5852.853	*	365 / 4
=	653.399					/	5852.853	*	365 / 4
=	10.19

Ta Ya Electric Wire & Cable Days Payable Related Terms

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Ta Ya Electric Wire & Cable (TPE:1609) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ta Ya Electric Wire & Cable (TPE:1609) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 249, Section 2, Zhongshan Road, Guanmiao District, Tainan, TWN, 71847

Website

https://www.taya.com.tw

Ta Ya Electric Wire & Cable is engaged in the manufacturing and sale of electric wire & cable, and constructing, selling, and renting office and house buildings. The company has two operating segments; the Electric wire and cable segment mainly engage in the manufacturing and sale of electric wire and cable, and the Solar power plants segment mainly engages in the development of solar power plants for renewable energy. It derives a majority of its revenue from Taiwan.

Ta Ya Electric Wire & Cable (TPE:1609) Headlines

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