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Alexander Marine Co (TPE:8478) Days Payable : 25.99 (As of Mar. 2024)


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What is Alexander Marine Co Days Payable?

Alexander Marine Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$286 Mil. Alexander Marine Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,004 Mil. Hence, Alexander Marine Co's Days Payable for the three months ended in Mar. 2024 was 25.99.

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

TPE:8478' s Days Payable Range Over the Past 10 Years
Min: 19.32   Med: 24.66   Max: 42.26
Current: 33.49

During the past 11 years, Alexander Marine Co's highest Days Payable was 42.26. The lowest was 19.32. And the median was 24.66.

TPE:8478's Days Payable is ranked worse than
82.19% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.67 vs TPE:8478: 33.49

Alexander Marine Co's Days Payable declined from Mar. 2023 (34.33) to Mar. 2024 (25.99). It may suggest that Alexander Marine Co accelerated paying its suppliers.


Alexander Marine Co Days Payable Historical Data

The historical data trend for Alexander Marine 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.

Alexander Marine Co Days Payable Chart

Alexander Marine 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 27.76 21.75 25.55 28.06 31.91

Alexander Marine 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 34.33 37.57 29.51 34.98 25.99

Competitive Comparison of Alexander Marine Co's Days Payable

For the Recreational Vehicles subindustry, Alexander Marine 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.


Alexander Marine Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Alexander Marine Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Alexander Marine Co's Days Payable falls into.



Alexander Marine 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.

Alexander Marine 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
=( (247.599 + 325.359) / 2 ) / 3276.915*365
=286.479 / 3276.915*365
=31.91

Alexander Marine 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
=( (325.359 + 246.881) / 2 ) / 1004.387*365 / 4
=286.12 / 1004.387*365 / 4
=25.99

* 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.


Alexander Marine Co Days Payable Related Terms

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Alexander Marine Co (TPE:8478) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jin-Fu Road, Qian-Zhen District, Kaohsiung, TWN, 806
Alexander Marine Co Ltd is a Taiwan based boatmaker company. It is engaged in manufacturing and selling luxury yachts and spare parts. Its product series includes explorer, legend, revolution, and divergence.

Alexander Marine Co (TPE:8478) Headlines

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