President Chain Store (TPE:2912) Days Payable : 55.73 (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is President Chain Store Days Payable?

President Chain Store's average Accounts Payable for the three months ended in Mar. 2024 was NT$32,729 Mil. President Chain Store's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$53,590 Mil. Hence, President Chain Store's Days Payable for the three months ended in Mar. 2024 was 55.73.

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

TPE:2912' s Days Payable Range Over the Past 10 Years
Min: 49.34 Med: 50.75 Max: 53.68
Current: 52.65

During the past 13 years, President Chain Store's highest Days Payable was 53.68. The lowest was 49.34. And the median was 50.75.

TPE:2912's Days Payable is ranked better than
59.09% of 308 companies
in the Retail - Defensive industry
Industry Median: 43.465 vs TPE:2912: 52.65

President Chain Store's Days Payable increased from Mar. 2023 (51.54) to Mar. 2024 (55.73). It may suggest that President Chain Store delayed paying its suppliers.

President Chain Store Days Payable Historical Data

The historical data trend for President Chain Store'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.

President Chain Store Days Payable Chart

President Chain Store Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

50.71

52.09

53.68

52.26

53.22

President Chain Store 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															51.54	49.02	51.22	55.15	55.73

Competitive Comparison of President Chain Store's Days Payable

For the Grocery Stores subindustry, President Chain Store'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.

President Chain Store's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, President Chain Store's Days Payable distribution charts can be found below:

* The bar in red indicates where President Chain Store's Days Payable falls into.

President Chain Store 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.

President Chain Store'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
=	( (28842.983	+	32072.086)	/	2 )	/	208869.628	*	365
=	30457.5345					/	208869.628	*	365
=	53.22

President Chain Store'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
=	( (32072.086	+	33385.716)	/	2 )	/	53590.397	*	365 / 4
=	32728.901					/	53590.397	*	365 / 4
=	55.73

President Chain Store Days Payable Related Terms

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

President Chain Store (TPE:2912) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » President Chain Store Corp (TPE:2912) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

65 Tung Hsing Road, 2nd Floor, Taipei, TWN, 110

Website

https://www.7-11.com.tw

President Chain Store Corp., or PCSC, was established in 1978 and is 45% held by its parent, Uni-President Enterprises. The company operates 7-Eleven along with other retail businesses such as drug stores (COSMED), department stores, bakery, restaurants, and Starbucks in Taiwan. The company also runs 7-Eleven in Shanghai, Zhejiang, and the Philippines.

President Chain Store (TPE:2912) Headlines

No Headlines