Shandong Yabo Technology Co (SZSE:002323) Days Payable : 721.83 (As of Mar. 2024)

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What is Shandong Yabo Technology Co Days Payable?

Shandong Yabo Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥359.9 Mil. Shandong Yabo Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥45.5 Mil. Hence, Shandong Yabo Technology Co's Days Payable for the three months ended in Mar. 2024 was 721.83.

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

SZSE:002323' s Days Payable Range Over the Past 10 Years
Min: 120 Med: 265.33 Max: 1054.23
Current: 207.58

During the past 13 years, Shandong Yabo Technology Co's highest Days Payable was 1054.23. The lowest was 120.00. And the median was 265.33.

SZSE:002323's Days Payable is ranked better than
83.66% of 1603 companies
in the Construction industry
Industry Median: 74.1 vs SZSE:002323: 207.58

Shandong Yabo Technology Co's Days Payable increased from Mar. 2023 (261.92) to Mar. 2024 (721.83). It may suggest that Shandong Yabo Technology Co delayed paying its suppliers.

Shandong Yabo Technology Co Days Payable Historical Data

The historical data trend for Shandong Yabo 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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Shandong Yabo Technology Co Days Payable Chart

Shandong Yabo Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

1,054.23

981.12

700.35

120.00

192.19

Shandong Yabo 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															261.92	296.51	160.44	141.89	721.83

Competitive Comparison of Shandong Yabo Technology Co's Days Payable

For the Building Products & Equipment subindustry, Shandong Yabo 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.

Shandong Yabo Technology Co's Days Payable Distribution in the Construction Industry

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

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

Shandong Yabo 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.

Shandong Yabo 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
=	( (282.042	+	407.137)	/	2 )	/	654.431	*	365
=	344.5895					/	654.431	*	365
=	192.19

Shandong Yabo 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
=	( (407.137	+	312.76)	/	2 )	/	45.503	*	365 / 4
=	359.9485					/	45.503	*	365 / 4
=	721.83

Shandong Yabo Technology Co Days Payable Related Terms

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Shandong Yabo Technology Co (SZSE:002323) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shandong Yabo Technology Co Ltd (SZSE:002323) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

No.17 Donghai Road, Shizhong District, Shandong Province, Zaozhuang, CHN, 200335

Website

http://www.yabaite.com

Shandong Yabo Technology Co Ltd is engaged in designing and development of new materials for metal roofing and wall enclosure systems. The firm's main business scope includes Metal roofing business, New energy business, and Smart building business. New energy business provides photovoltaic power station integrated energy solutions.

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