Goldsun Building Materials Co (TPE:2504) Days Payable : 39.99 (As of Mar. 2024)

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What is Goldsun Building Materials Co Days Payable?

Goldsun Building Materials Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$1,671 Mil. Goldsun Building Materials Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$3,812 Mil. Hence, Goldsun Building Materials Co's Days Payable for the three months ended in Mar. 2024 was 39.99.

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

TPE:2504' s Days Payable Range Over the Past 10 Years
Min: 30.84 Med: 49.35 Max: 63.3
Current: 35.36

During the past 13 years, Goldsun Building Materials Co's highest Days Payable was 63.30. The lowest was 30.84. And the median was 49.35.

TPE:2504's Days Payable is ranked worse than
80.32% of 371 companies
in the Building Materials industry
Industry Median: 66.44 vs TPE:2504: 35.36

Goldsun Building Materials Co's Days Payable declined from Mar. 2023 (41.90) to Mar. 2024 (39.99). It may suggest that Goldsun Building Materials Co accelerated paying its suppliers.

Goldsun Building Materials Co Days Payable Historical Data

The historical data trend for Goldsun Building Materials 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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Goldsun Building Materials Co Days Payable Chart

Goldsun Building Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

50.57

52.04

49.71

48.99

42.94

Goldsun Building Materials 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															41.90	32.78	33.38	35.04	39.99

Competitive Comparison of Goldsun Building Materials Co's Days Payable

For the Building Materials subindustry, Goldsun Building Materials 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.

Goldsun Building Materials Co's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Goldsun Building Materials Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Goldsun Building Materials Co's Days Payable falls into.

Goldsun Building Materials 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.

Goldsun Building Materials 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
=	( (2040.597	+	1737.386)	/	2 )	/	16055.231	*	365
=	1888.9915					/	16055.231	*	365
=	42.94

Goldsun Building Materials 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
=	( (1737.386	+	1603.713)	/	2 )	/	3812.229	*	365 / 4
=	1670.5495					/	3812.229	*	365 / 4
=	39.99

Goldsun Building Materials Co Days Payable Related Terms

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Goldsun Building Materials Co (TPE:2504) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Goldsun Building Materials Co Ltd (TPE:2504) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Xinhu 1st Road, 7th Floor, Neihu District, Taipei, TWN, 114

Website

https://www.gdc.com.tw

Goldsun Building Materials Co Ltd is a Taiwan-based company that engages in the production and distribution of ready-mixed concretes and cement. These two segments jointly account for the majority of the company's revenue. In addition to the above, Goldsun Building Materials Co Ltd also engages in the planning and management of real estate projects, as well as manufacturing and marketing of fire-proof building materials. The company generates most of its sales from the Taiwan market.

Goldsun Building Materials Co (TPE:2504) Headlines

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