Keli Sensing Technology (Ningbo) Co (SHSE:603662) Days Payable : 201.43 (As of Mar. 2024)

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What is Keli Sensing Technology (Ningbo) Co Days Payable?

Keli Sensing Technology (Ningbo) Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥311 Mil. Keli Sensing Technology (Ningbo) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥141 Mil. Hence, Keli Sensing Technology (Ningbo) Co's Days Payable for the three months ended in Mar. 2024 was 201.43.

The historical rank and industry rank for Keli Sensing Technology (Ningbo) Co's Days Payable or its related term are showing as below:

SHSE:603662' s Days Payable Range Over the Past 10 Years
Min: 154.87 Med: 179.46 Max: 191.22
Current: 176.34

During the past 10 years, Keli Sensing Technology (Ningbo) Co's highest Days Payable was 191.22. The lowest was 154.87. And the median was 179.46.

SHSE:603662's Days Payable is ranked better than
82.72% of 2923 companies
in the Industrial Products industry
Industry Median: 76.67 vs SHSE:603662: 176.34

Keli Sensing Technology (Ningbo) Co's Days Payable declined from Mar. 2023 (208.66) to Mar. 2024 (201.43). It may suggest that Keli Sensing Technology (Ningbo) Co accelerated paying its suppliers.

Keli Sensing Technology (Ningbo) Co Days Payable Historical Data

The historical data trend for Keli Sensing Technology (Ningbo) 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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Keli Sensing Technology (Ningbo) Co Days Payable Chart

Keli Sensing Technology (Ningbo) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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186.35

170.93

154.87

178.84

191.22

Keli Sensing Technology (Ningbo) 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															208.66	165.43	169.60	178.78	201.43

Competitive Comparison of Keli Sensing Technology (Ningbo) Co's Days Payable

For the Electrical Equipment & Parts subindustry, Keli Sensing Technology (Ningbo) 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.

Keli Sensing Technology (Ningbo) Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Keli Sensing Technology (Ningbo) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Keli Sensing Technology (Ningbo) Co's Days Payable falls into.

Keli Sensing Technology (Ningbo) 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.

Keli Sensing Technology (Ningbo) 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
=	( (321.698	+	318.115)	/	2 )	/	610.651	*	365
=	319.9065					/	610.651	*	365
=	191.22

Keli Sensing Technology (Ningbo) 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
=	( (318.115	+	302.907)	/	2 )	/	140.665	*	365 / 4
=	310.511					/	140.665	*	365 / 4
=	201.43

Keli Sensing Technology (Ningbo) Co Days Payable Related Terms

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Keli Sensing Technology (Ningbo) Co (SHSE:603662) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Keli Sensing Technology (Ningbo) Co Ltd (SHSE:603662) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No.199, Changxing Road, Jiangbei District, Zhejiang, Ningbo, CHN, 315033

Website

http://www.kelichina.com

Keli Sensing Technology (Ningbo) Co Ltd is engaged in the development, production and sales of strain gauge sensors, instruments and other components, providing system integration and dry mortar third-party system services.

Keli Sensing Technology (Ningbo) Co (SHSE:603662) Headlines

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