Sunonwealth Electric Machine Industry Co (TPE:2421) Days Payable : 113.53 (As of Mar. 2024)

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What is Sunonwealth Electric Machine Industry Co Days Payable?

Sunonwealth Electric Machine Industry Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$2,813 Mil. Sunonwealth Electric Machine Industry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$2,261 Mil. Hence, Sunonwealth Electric Machine Industry Co's Days Payable for the three months ended in Mar. 2024 was 113.53.

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

TPE:2421' s Days Payable Range Over the Past 10 Years
Min: 86.34 Med: 101.26 Max: 115.93
Current: 102.3

During the past 13 years, Sunonwealth Electric Machine Industry Co's highest Days Payable was 115.93. The lowest was 86.34. And the median was 101.26.

TPE:2421's Days Payable is ranked better than
63.76% of 2936 companies
in the Industrial Products industry
Industry Median: 76.765 vs TPE:2421: 102.30

Sunonwealth Electric Machine Industry Co's Days Payable increased from Mar. 2023 (111.92) to Mar. 2024 (113.53). It may suggest that Sunonwealth Electric Machine Industry Co delayed paying its suppliers.

Sunonwealth Electric Machine Industry Co Days Payable Historical Data

The historical data trend for Sunonwealth Electric Machine Industry 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.

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Sunonwealth Electric Machine Industry Co Days Payable Chart

Sunonwealth Electric Machine Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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108.04

103.12

95.16

102.29

115.93

Sunonwealth Electric Machine Industry 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															111.92	90.09	98.59	106.69	113.53

Competitive Comparison of Sunonwealth Electric Machine Industry Co's Days Payable

For the Specialty Industrial Machinery subindustry, Sunonwealth Electric Machine Industry 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.

Sunonwealth Electric Machine Industry Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sunonwealth Electric Machine Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sunonwealth Electric Machine Industry Co's Days Payable falls into.

Sunonwealth Electric Machine Industry 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.

Sunonwealth Electric Machine Industry 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
=	( (3179.288	+	2737.012)	/	2 )	/	9313.327	*	365
=	2958.15					/	9313.327	*	365
=	115.93

Sunonwealth Electric Machine Industry 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
=	( (2737.012	+	2888.74)	/	2 )	/	2260.8	*	365 / 4
=	2812.876					/	2260.8	*	365 / 4
=	113.53

Sunonwealth Electric Machine Industry Co Days Payable Related Terms

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Sunonwealth Electric Machine Industry Co (TPE:2421) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sunonwealth Electric Machine Industry Co Ltd (TPE:2421) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 30, Ln 296, Xinya Road, Qianzhen District, Kaohsiung City, TWN, 806

Website

https://www.sunon.com

Sunonwealth Electric Machine Industry Co Ltd is a Taiwan based company that engages in the production and sale of precision motors, AC/DC brushless fans, electric fans and micro cooling fans. Its products include DC fan and blower series; AC fans, EC fans, fan trays, fan accessories and ventilation fans. It serves its products in various industries, such as IT, automobile electronics, optical electronics and network communication industries.

Sunonwealth Electric Machine Industry Co (TPE:2421) Headlines

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