Delton Technology (Guangzhou) (SZSE:001389) Days Payable : 199.09 (As of Mar. 2024)

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What is Delton Technology (Guangzhou) Days Payable?

Delton Technology (Guangzhou)'s average Accounts Payable for the three months ended in Mar. 2024 was ¥1,122 Mil. Delton Technology (Guangzhou)'s Cost of Goods Sold for the three months ended in Mar. 2024 was ¥514 Mil. Hence, Delton Technology (Guangzhou)'s Days Payable for the three months ended in Mar. 2024 was 199.09.

The historical rank and industry rank for Delton Technology (Guangzhou)'s Days Payable or its related term are showing as below:

SZSE:001389' s Days Payable Range Over the Past 10 Years
Min: 146.55 Med: 206.87 Max: 267.85
Current: 146.55

During the past 7 years, Delton Technology (Guangzhou)'s highest Days Payable was 267.85. The lowest was 146.55. And the median was 206.87.

SZSE:001389's Days Payable is ranked better than
84.23% of 2422 companies
in the Hardware industry
Industry Median: 67.735 vs SZSE:001389: 146.55

Delton Technology (Guangzhou)'s Days Payable declined from Mar. 2023 (280.21) to Mar. 2024 (199.09). It may suggest that Delton Technology (Guangzhou) accelerated paying its suppliers.

Delton Technology (Guangzhou) Days Payable Historical Data

The historical data trend for Delton Technology (Guangzhou)'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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Delton Technology (Guangzhou) Days Payable Chart

Delton Technology (Guangzhou) Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

206.87

198.26

247.48

267.85

240.17

Delton Technology (Guangzhou) Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial										280.21	219.92	-	62.40	199.09

Competitive Comparison of Delton Technology (Guangzhou)'s Days Payable

For the Electronic Components subindustry, Delton Technology (Guangzhou)'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.

Delton Technology (Guangzhou)'s Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Delton Technology (Guangzhou)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Delton Technology (Guangzhou)'s Days Payable falls into.

Delton Technology (Guangzhou) 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.

Delton Technology (Guangzhou)'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
=	( (1129.255	+	1221.691)	/	2 )	/	1786.428	*	365
=	1175.473					/	1786.428	*	365
=	240.17

Delton Technology (Guangzhou)'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
=	( (1221.691	+	1021.862)	/	2 )	/	514.139	*	365 / 4
=	1121.7765					/	514.139	*	365 / 4
=	199.09

Delton Technology (Guangzhou) Days Payable Related Terms

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Delton Technology (Guangzhou) (SZSE:001389) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Delton Technology (Guangzhou) Inc (SZSE:001389) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 22 Baoying South Road, Guangzhou Free Trade Zone, Guangdong Province, Guangzhou, CHN, 510730

Website

http://www.delton.com.cn

Delton Technology (Guangzhou) Inc is engaged in research & development, production and sales of printed circuit boards. Its products are mainly used in data center, cloud computing, industrial Internet, artificial intelligence, 5G communication, automotive electronics, security and printing and other terminal fields.

Delton Technology (Guangzhou) (SZSE:001389) Headlines

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