Yulon Finance (TPE:9941) Days Payable : 24.10 (As of Mar. 2024)

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What is Yulon Finance Days Payable?

Yulon Finance's average Accounts Payable for the three months ended in Mar. 2024 was NT$977 Mil. Yulon Finance's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$3,699 Mil. Hence, Yulon Finance's Days Payable for the three months ended in Mar. 2024 was 24.10.

The historical rank and industry rank for Yulon Finance's Days Payable or its related term are showing as below:

TPE:9941' s Days Payable Range Over the Past 10 Years
Min: 20.09 Med: 30.99 Max: 48.7
Current: 26.89

During the past 13 years, Yulon Finance's highest Days Payable was 48.70. The lowest was 20.09. And the median was 30.99.

TPE:9941's Days Payable is ranked worse than
64.31% of 283 companies
in the Credit Services industry
Industry Median: 49.08 vs TPE:9941: 26.89

Yulon Finance's Days Payable declined from Mar. 2023 (28.88) to Mar. 2024 (24.10). It may suggest that Yulon Finance accelerated paying its suppliers.

Yulon Finance Days Payable Historical Data

The historical data trend for Yulon Finance'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.

Yulon Finance Days Payable Chart

Yulon Finance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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47.57

37.49

29.52

28.14

22.85

Yulon Finance 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															28.88	27.71	29.88	24.88	24.10

Competitive Comparison of Yulon Finance's Days Payable

For the Credit Services subindustry, Yulon Finance'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.

Yulon Finance's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Yulon Finance's Days Payable distribution charts can be found below:

* The bar in red indicates where Yulon Finance's Days Payable falls into.

Yulon Finance 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.

Yulon Finance'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
=	( (1001.606	+	738.703)	/	2 )	/	13901.303	*	365
=	870.1545					/	13901.303	*	365
=	22.85

Yulon Finance'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
=	( (738.703	+	1215.817)	/	2 )	/	3699.471	*	365 / 4
=	977.26					/	3699.471	*	365 / 4
=	24.10

Yulon Finance Days Payable Related Terms

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Yulon Finance (TPE:9941) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Yulon Finance Corp (TPE:9941) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

9941A.PFD:Taiwan

Address

No. 2, Dunhua South Road, Section 2, 15th Floor, Taipei, TWN

Website

https://www.tac.com.tw

Yulon Finance Corp is mainly focused on purchasing of accounts receivable which are related to products such as new cars and used cars.

Yulon Finance (TPE:9941) Headlines

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