Guosheng Shian Technology Co (SHSE:603778) Days Payable : 790.64 (As of Mar. 2024)

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What is Guosheng Shian Technology Co Days Payable?

Guosheng Shian Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥983.5 Mil. Guosheng Shian Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥113.5 Mil. Hence, Guosheng Shian Technology Co's Days Payable for the three months ended in Mar. 2024 was 790.64.

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

SHSE:603778' s Days Payable Range Over the Past 10 Years
Min: 113.02 Med: 279.14 Max: 700.29
Current: 350.59

During the past 13 years, Guosheng Shian Technology Co's highest Days Payable was 700.29. The lowest was 113.02. And the median was 279.14.

SHSE:603778's Days Payable is ranked better than
91.57% of 1601 companies
in the Construction industry
Industry Median: 76.01 vs SHSE:603778: 350.59

Guosheng Shian Technology Co's Days Payable increased from Mar. 2023 (322.64) to Mar. 2024 (790.64). It may suggest that Guosheng Shian Technology Co delayed paying its suppliers.

Guosheng Shian Technology Co Days Payable Historical Data

The historical data trend for Guosheng Shian 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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Guosheng Shian Technology Co Days Payable Chart

Guosheng Shian Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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252.25

289.03

428.80

700.29

308.38

Guosheng Shian 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															322.64	177.32	269.50	661.47	790.64

Competitive Comparison of Guosheng Shian Technology Co's Days Payable

For the Engineering & Construction subindustry, Guosheng Shian 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.

Guosheng Shian Technology Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Guosheng Shian Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guosheng Shian Technology Co's Days Payable falls into.

Guosheng Shian 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.

Guosheng Shian 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
=	( (500.245	+	1006.124)	/	2 )	/	891.477	*	365
=	753.1845					/	891.477	*	365
=	308.38

Guosheng Shian 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
=	( (1006.124	+	960.789)	/	2 )	/	113.503	*	365 / 4
=	983.4565					/	113.503	*	365 / 4
=	790.64

Guosheng Shian Technology Co Days Payable Related Terms

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Guosheng Shian Technology Co (SHSE:603778) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Guosheng Shian Technology Co Ltd (SHSE:603778) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 1 Xinyuan Road, Mentou, Haidian District, Beijing, CHN, 100097

Website

http://www.qianjingyuanlin.com

Guosheng Shian Technology Co Ltd formerly, Beijing Qianjing Landscape Co Ltd is engaged in landscape design and construction activities in China. The company engages in the construction of ecological environments covering ecological parks, ecological wetlands, greenhouses, real estate landscapes, PPP municipal greening projects, tourism landscapes, and various other fields. The company also involves in seedling cultivation and sales.

Executives

Hui Quan Fu	Director
Yang Jing	Director

Guosheng Shian Technology Co (SHSE:603778) Headlines

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