Rechi Precision Co (TPE:4532) Days Payable : 53.36 (As of Mar. 2024)

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What is Rechi Precision Co Days Payable?

Rechi Precision Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$2,454 Mil. Rechi Precision Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$4,196 Mil. Hence, Rechi Precision Co's Days Payable for the three months ended in Mar. 2024 was 53.36.

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

TPE:4532' s Days Payable Range Over the Past 10 Years
Min: 41.08 Med: 45.57 Max: 56.24
Current: 52.55

During the past 13 years, Rechi Precision Co's highest Days Payable was 56.24. The lowest was 41.08. And the median was 45.57.

TPE:4532's Days Payable is ranked worse than
67.37% of 2936 companies
in the Industrial Products industry
Industry Median: 76.765 vs TPE:4532: 52.55

Rechi Precision Co's Days Payable increased from Mar. 2023 (53.01) to Mar. 2024 (53.36). It may suggest that Rechi Precision Co delayed paying its suppliers.

Rechi Precision Co Days Payable Historical Data

The historical data trend for Rechi Precision 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.

* Premium members only.

Rechi Precision Co Days Payable Chart

Rechi Precision Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

47.36

56.24

54.05

55.52

51.58

Rechi Precision 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															53.01	47.92	53.10	52.69	53.36

Competitive Comparison of Rechi Precision Co's Days Payable

For the Specialty Industrial Machinery subindustry, Rechi Precision 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.

Rechi Precision Co's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Rechi Precision Co's Days Payable falls into.

Rechi Precision 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.

Rechi Precision 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
=	( (1775.715	+	2281.375)	/	2 )	/	14353.857	*	365
=	2028.545					/	14353.857	*	365
=	51.58

Rechi Precision 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
=	( (2281.375	+	2626.848)	/	2 )	/	4196.362	*	365 / 4
=	2454.1115					/	4196.362	*	365 / 4
=	53.36

Rechi Precision Co Days Payable Related Terms

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Rechi Precision Co (TPE:4532) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rechi Precision Co Ltd (TPE:4532) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 943, Cheng Kung Road, Section 2, Guanyin District, Taoyuan, TWN, 328

Website

https://www.rechi.com

Rechi Precision Co Ltd is a Taiwan-based company that manufactures and distributes compressors, motors, inverter controllers, and heat pump water heaters. The company's products are used in manufacturing air conditioning equipment, dehumidifiers, heat-pump dryers, water heaters, air cleaners, mechanical fans, auto components, and others.

Rechi Precision Co (TPE:4532) Headlines

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