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Enlight (TPE:2438) Days Payable : 38.50 (As of Dec. 2023)


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What is Enlight Days Payable?

Enlight's average Accounts Payable for the three months ended in Dec. 2023 was NT$12.9 Mil. Enlight's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$30.6 Mil. Hence, Enlight's Days Payable for the three months ended in Dec. 2023 was 38.50.

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

TPE:2438' s Days Payable Range Over the Past 10 Years
Min: 10.7   Med: 15.93   Max: 30.98
Current: 19.64

During the past 13 years, Enlight's highest Days Payable was 30.98. The lowest was 10.70. And the median was 15.93.

TPE:2438's Days Payable is ranked worse than
94.92% of 2932 companies
in the Industrial Products industry
Industry Median: 76.415 vs TPE:2438: 19.64

Enlight's Days Payable increased from Dec. 2022 (15.42) to Dec. 2023 (38.50). It may suggest that Enlight delayed paying its suppliers.


Enlight Days Payable Historical Data

The historical data trend for Enlight'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.

Enlight Days Payable Chart

Enlight 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 15.14 16.60 15.20 10.70 28.38

Enlight Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 15.42 9.89 10.13 12.60 38.50

Competitive Comparison of Enlight's Days Payable

For the Electrical Equipment & Parts subindustry, Enlight'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.


Enlight's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Enlight's Days Payable distribution charts can be found below:

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



Enlight 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.

Enlight'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
=( (2.988 + 17.716) / 2 ) / 133.159*365
=10.352 / 133.159*365
=28.38

Enlight's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (8.065 + 17.716) / 2 ) / 30.554*365 / 4
=12.8905 / 30.554*365 / 4
=38.50

* 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.


Enlight Days Payable Related Terms

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Enlight (TPE:2438) Business Description

Traded in Other Exchanges
N/A
Address
NO.11,Ln.118,St.Dongjiu St., Guishan District, Taoyuan, TWN, 333
Enlight Corp is engaged in the development, production, and distribution of lighting products. Its products include LED panel lights, downlights, lamps, tubes, ceiling lights, table lamps, dimmers, street lights, spotlights and high bay lights.

Enlight (TPE:2438) Headlines

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