YanTai Metastar Special Paper Co (BJSE:833394) Days Payable : 97.94 (As of Mar. 2024)

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What is YanTai Metastar Special Paper Co Days Payable?

YanTai Metastar Special Paper Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥61.6 Mil. YanTai Metastar Special Paper Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥57.4 Mil. Hence, YanTai Metastar Special Paper Co's Days Payable for the three months ended in Mar. 2024 was 97.94.

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

BJSE:833394' s Days Payable Range Over the Past 10 Years
Min: 12.56 Med: 96.57 Max: 190.17
Current: 134.44

During the past 11 years, YanTai Metastar Special Paper Co's highest Days Payable was 190.17. The lowest was 12.56. And the median was 96.57.

BJSE:833394's Days Payable is ranked better than
86.77% of 1497 companies
in the Chemicals industry
Industry Median: 60.59 vs BJSE:833394: 134.44

YanTai Metastar Special Paper Co's Days Payable declined from Mar. 2023 (191.28) to Mar. 2024 (97.94). It may suggest that YanTai Metastar Special Paper Co accelerated paying its suppliers.

YanTai Metastar Special Paper Co Days Payable Historical Data

The historical data trend for YanTai Metastar Special Paper 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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YanTai Metastar Special Paper Co Days Payable Chart

YanTai Metastar Special Paper Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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15.91

30.03

117.41

165.33

117.53

YanTai Metastar Special Paper Co Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															191.28	177.86	124.94	105.37	97.94

Competitive Comparison of YanTai Metastar Special Paper Co's Days Payable

For the Specialty Chemicals subindustry, YanTai Metastar Special Paper 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.

YanTai Metastar Special Paper Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, YanTai Metastar Special Paper Co's Days Payable distribution charts can be found below:

* The bar in red indicates where YanTai Metastar Special Paper Co's Days Payable falls into.

YanTai Metastar Special Paper 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.

YanTai Metastar Special Paper 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
=	( (90.459	+	54.24)	/	2 )	/	224.695	*	365
=	72.3495					/	224.695	*	365
=	117.53

YanTai Metastar Special Paper 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
=	( (54.24	+	69.027)	/	2 )	/	57.425	*	365 / 4
=	61.6335					/	57.425	*	365 / 4
=	97.94

YanTai Metastar Special Paper Co Days Payable Related Terms

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YanTai Metastar Special Paper Co (BJSE:833394) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » YanTai Metastar Special Paper Co Ltd (BJSE:833394) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Taiyuan Road, Economic and Technological Development Zone, Shandong Province, Yantai, CHN, 264006

Website

https://www.metastar.cn

YanTai Metastar Special Paper Co Ltd is engaged in the research and development, production and sales of aramid paper and its derivatives.

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