Zhejiang Feida Environmental Science & Technology Co (SHSE:600526) Days Payable : 501.26 (As of Mar. 2024)

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What is Zhejiang Feida Environmental Science & Technology Co Days Payable?

Zhejiang Feida Environmental Science & Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥2,570 Mil. Zhejiang Feida Environmental Science & Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥468 Mil. Hence, Zhejiang Feida Environmental Science & Technology Co's Days Payable for the three months ended in Mar. 2024 was 501.26.

The historical rank and industry rank for Zhejiang Feida Environmental Science & Technology Co's Days Payable or its related term are showing as below:

SHSE:600526' s Days Payable Range Over the Past 10 Years
Min: 168.52 Med: 196.07 Max: 247.31
Current: 238.95

During the past 13 years, Zhejiang Feida Environmental Science & Technology Co's highest Days Payable was 247.31. The lowest was 168.52. And the median was 196.07.

SHSE:600526's Days Payable is ranked better than
91.32% of 2925 companies
in the Industrial Products industry
Industry Median: 76.67 vs SHSE:600526: 238.95

Zhejiang Feida Environmental Science & Technology Co's Days Payable increased from Mar. 2023 (337.87) to Mar. 2024 (501.26). It may suggest that Zhejiang Feida Environmental Science & Technology Co delayed paying its suppliers.

Zhejiang Feida Environmental Science & Technology Co Days Payable Historical Data

The historical data trend for Zhejiang Feida Environmental Science & Technology 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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Zhejiang Feida Environmental Science & Technology Co Days Payable Chart

Zhejiang Feida Environmental Science & Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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218.77

233.43

176.89

207.16

247.31

Zhejiang Feida Environmental Science & Technology 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															337.87	235.95	274.49	153.77	501.26

Competitive Comparison of Zhejiang Feida Environmental Science & Technology Co's Days Payable

For the Specialty Industrial Machinery subindustry, Zhejiang Feida Environmental Science & Technology 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.

Zhejiang Feida Environmental Science & Technology Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Feida Environmental Science & Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Feida Environmental Science & Technology Co's Days Payable falls into.

Zhejiang Feida Environmental Science & Technology 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.

Zhejiang Feida Environmental Science & Technology 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
=	( (1988.708	+	2754.623)	/	2 )	/	3500.299	*	365
=	2371.6655					/	3500.299	*	365
=	247.31

Zhejiang Feida Environmental Science & Technology 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
=	( (2754.623	+	2386.284)	/	2 )	/	467.93	*	365 / 4
=	2570.4535					/	467.93	*	365 / 4
=	501.26

Zhejiang Feida Environmental Science & Technology Co Days Payable Related Terms

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Zhejiang Feida Environmental Science & Technology Co (SHSE:600526) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Feida Environmental Science & Technology Co Ltd (SHSE:600526) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88 Wangyun Road, Zhuji City, Zhejiang, CHN, 311800

Website

http://www.feida.biz

Zhejiang Feida Environmental Science & Technology Co Ltd is engaged in the business of designing and manufacturing equipment for air quality control. Its business includes Flue gas treatment; Water treatment; Solid Waste treatment; Soil ecological restoration; Cyclic economy industrial park; and Equipment manufacture.

Executives

Wu Quan Ming	Director
Shou Song	senior management
Shu Ying Gang	Director
Shou Zhi Yi	senior management
Zhao Xi Yong	senior management
Wang Jian Bo	Director
Wu Fa Li	senior management
Feng Bao Ming	senior management
Zhao Qin Xia	senior management
Zhong Min Jun	senior management
Zhang Ye	Director
Wang Xin Long	senior management
Xu Ren Liang	senior management
Zhou Ming Liang	senior management
Xu Quan An	senior management

Zhejiang Feida Environmental Science & Technology Co (SHSE:600526) Headlines

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