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Chant Sincere Co (TPE:6205) Days Payable : 77.88 (As of Mar. 2024)


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What is Chant Sincere Co Days Payable?

Chant Sincere Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$163 Mil. Chant Sincere Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$192 Mil. Hence, Chant Sincere Co's Days Payable for the three months ended in Mar. 2024 was 77.88.

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

TPE:6205' s Days Payable Range Over the Past 10 Years
Min: 85.98   Med: 98.24   Max: 103.87
Current: 93.12

During the past 13 years, Chant Sincere Co's highest Days Payable was 103.87. The lowest was 85.98. And the median was 98.24.

TPE:6205's Days Payable is ranked better than
67.64% of 2420 companies
in the Hardware industry
Industry Median: 67.93 vs TPE:6205: 93.12

Chant Sincere Co's Days Payable declined from Mar. 2023 (90.52) to Mar. 2024 (77.88). It may suggest that Chant Sincere Co accelerated paying its suppliers.


Chant Sincere Co Days Payable Historical Data

The historical data trend for Chant Sincere 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.

Chant Sincere Co Days Payable Chart

Chant Sincere Co 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 103.87 95.47 85.98 94.20 99.90

Chant Sincere 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 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 90.52 111.27 90.81 75.06 77.88

Competitive Comparison of Chant Sincere Co's Days Payable

For the Electronic Components subindustry, Chant Sincere 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.


Chant Sincere Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Chant Sincere Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chant Sincere Co's Days Payable falls into.



Chant Sincere 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.

Chant Sincere 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
=( (320.605 + 148.904) / 2 ) / 857.731*365
=234.7545 / 857.731*365
=99.90

Chant Sincere 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
=( (148.904 + 178.009) / 2 ) / 191.511*365 / 4
=163.4565 / 191.511*365 / 4
=77.88

* 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.


Chant Sincere Co Days Payable Related Terms

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Chant Sincere Co (TPE:6205) Business Description

Traded in Other Exchanges
N/A
Address
Datong Road, 7th Floor, No. 188, Section 3, Yuzhi District, Hsi Chih, Taipei, TWN, 221
Chant Sincere Co Ltd is mainly engaged in the design and manufacturing of connectors and cables. It offers full lines of connectors for a digital photo frame, card reader, STB, MFP, medical, PND, IPC, storage, desktop/NB, mobile phone, etc. The company's products used in computer and PC peripherals, industrial, communications, automotive, waterproof, consumer electronics, medical and other industries.

Chant Sincere Co (TPE:6205) Headlines

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