Transcene Co (TPE:6969) Days Payable : 8.96 (As of Jun. 2024)

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What is Transcene Co Days Payable?

Transcene Co's average Accounts Payable for the six months ended in Jun. 2024 was NT$3.9 Mil. Transcene Co's Cost of Goods Sold for the six months ended in Jun. 2024 was NT$80.4 Mil. Hence, Transcene Co's Days Payable for the six months ended in Jun. 2024 was 8.96.

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

TPE:6969' s Days Payable Range Over the Past 10 Years
Min: 10.87 Med: 16.47 Max: 17.53
Current: 10.87

During the past 2 years, Transcene Co's highest Days Payable was 17.53. The lowest was 10.87. And the median was 16.47.

TPE:6969's Days Payable is ranked worse than
96.06% of 482 companies
in the Conglomerates industry
Industry Median: 56.055 vs TPE:6969: 10.87

Transcene Co's Days Payable declined from Jun. 2023 (18.48) to Jun. 2024 (8.96). It may suggest that Transcene Co accelerated paying its suppliers.

Transcene Co Days Payable Historical Data

The historical data trend for Transcene 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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Transcene Co Days Payable Chart

Transcene Co Annual Data

Trend

Dec22

Dec23

Days Payable

15.40

17.53

Transcene Co Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
Days Payable	-	18.48	16.62	8.96

Competitive Comparison of Transcene Co's Days Payable

For the Conglomerates subindustry, Transcene 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.

Transcene Co's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Transcene Co's Days Payable distribution charts can be found below:

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

Transcene 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.

Transcene 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
=	( (5.068	+	4.746)	/	2 )	/	102.169	*	365
=	4.907					/	102.169	*	365
=	17.53

Transcene Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (4.746	+	3.144)	/	2 )	/	80.354	*	365 / 2
=	3.945					/	80.354	*	365 / 2
=	8.96

Transcene Co Days Payable Related Terms

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Transcene Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Transcene Co Ltd (TPE:6969) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Huanyuan East Road, No. 23, Sec. 1, Liuying District, Tainan, TWN, 736006

Website

https://www.transcene.com.tw

Transcene Co Ltd is engaged in urban mining and resource recycling through a three-stage process: evaluating waste, developing secondary markets, and advancing production technologies. The company is promoting the circular economy by delivering quality, sustainable products and services. The products and services offered by the company are SiC Ceramic, SiC Powder, Silicon briquette, Quartz powder, Biodegradable plastic, consulting services, analysis services, and others.

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