Bangyan Technology Co (SHSE:688132) Days Payable : 124.19 (As of Mar. 2024)

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What is Bangyan Technology Co Days Payable?

Bangyan Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥78.0 Mil. Bangyan Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥57.3 Mil. Hence, Bangyan Technology Co's Days Payable for the three months ended in Mar. 2024 was 124.19.

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

SHSE:688132' s Days Payable Range Over the Past 10 Years
Min: 310.77 Med: 542.61 Max: 835.28
Current: 310.77

During the past 7 years, Bangyan Technology Co's highest Days Payable was 835.28. The lowest was 310.77. And the median was 542.61.

SHSE:688132's Days Payable is ranked better than
95.83% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs SHSE:688132: 310.77

Bangyan Technology Co's Days Payable declined from Mar. 2023 (1,037.05) to Mar. 2024 (124.19). It may suggest that Bangyan Technology Co accelerated paying its suppliers.

Bangyan Technology Co Days Payable Historical Data

The historical data trend for Bangyan 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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Bangyan Technology Co Days Payable Chart

Bangyan Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

719.82

835.28

524.34

560.87

Bangyan Technology Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial													1,037.05	403.81	553.34	542.51	124.19

Competitive Comparison of Bangyan Technology Co's Days Payable

For the Communication Equipment subindustry, Bangyan 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.

Bangyan Technology Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Bangyan Technology Co's Days Payable distribution charts can be found below:

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

Bangyan 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.

Bangyan 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
=	( (138.57	+	92.575)	/	2 )	/	75.211	*	365
=	115.5725					/	75.211	*	365
=	560.87

Bangyan 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
=	( (92.575	+	63.486)	/	2 )	/	57.335	*	365 / 4
=	78.0305					/	57.335	*	365 / 4
=	124.19

Bangyan Technology Co Days Payable Related Terms

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Bangyan Technology Co (SHSE:688132) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bangyan Technology Co Ltd (SHSE:688132) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 100, Zhihe Road, Yuanshan Street, Room 2101, Dakang Community, Longgang District, Guangdong, Shenzhen, CHN, 518064

Website

http://www.bangyan.com.cn

Bangyan Technology Co Ltd is engaged in the research and development, manufacturing, sales and service of information communication and information security equipment.

Executives

Wu Qiu

Core technical personnel

Bangyan Technology Co (SHSE:688132) Headlines

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