Taiwan Secom Co (TPE:9917) Days Payable : 26.69 (As of Dec. 2023)

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What is Taiwan Secom Co Days Payable?

Taiwan Secom Co's average Accounts Payable for the three months ended in Dec. 2023 was NT$885 Mil. Taiwan Secom Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$3,025 Mil. Hence, Taiwan Secom Co's Days Payable for the three months ended in Dec. 2023 was 26.69.

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

TPE:9917' s Days Payable Range Over the Past 10 Years
Min: 19.76 Med: 22.32 Max: 28.49
Current: 26.18

During the past 13 years, Taiwan Secom Co's highest Days Payable was 28.49. The lowest was 19.76. And the median was 22.32.

TPE:9917's Days Payable is ranked worse than
70.93% of 922 companies
in the Business Services industry
Industry Median: 47.445 vs TPE:9917: 26.18

Taiwan Secom Co's Days Payable increased from Dec. 2022 (24.73) to Dec. 2023 (26.69). It may suggest that Taiwan Secom Co delayed paying its suppliers.

Taiwan Secom Co Days Payable Historical Data

The historical data trend for Taiwan Secom 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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Taiwan Secom Co Days Payable Chart

Taiwan Secom Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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22.00

19.76

22.63

26.51

28.49

Taiwan Secom Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															24.73	26.30	24.18	25.20	26.69

Competitive Comparison of Taiwan Secom Co's Days Payable

For the Security & Protection Services subindustry, Taiwan Secom 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.

Taiwan Secom Co's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Taiwan Secom Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Taiwan Secom Co's Days Payable falls into.

Taiwan Secom 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.

Taiwan Secom 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
=	( (831.179	+	963.184)	/	2 )	/	11495.601	*	365
=	897.1815					/	11495.601	*	365
=	28.49

Taiwan Secom Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (806.565	+	963.184)	/	2 )	/	3024.953	*	365 / 4
=	884.8745					/	3024.953	*	365 / 4
=	26.69

Taiwan Secom Co Days Payable Related Terms

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Taiwan Secom Co (TPE:9917) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Taiwan Secom Co Ltd (TPE:9917) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 139, Zhengzhou Road, 6th Floor, Taipei, TWN

Website

https://www.secom.com.tw

Taiwan Secom Co Ltd is involved in security and protection services. The company has four operating segments; the Electronic system segment engages in security system-related services, the Security guard service segment engages in security guarding related services, the Cash delivery service segment engages in cash delivery service, and the Logistics service segment engages in logistic service. It generates maximum revenue from the Electronic System segment. Geographically, it derives a majority of its revenue from Taiwan.

Taiwan Secom Co (TPE:9917) Headlines

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