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Beijing SDL Technology Co (SZSE:002658) Days Payable : 89.14 (As of Mar. 2024)


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What is Beijing SDL Technology Co Days Payable?

Beijing SDL Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥139 Mil. Beijing SDL Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥142 Mil. Hence, Beijing SDL Technology Co's Days Payable for the three months ended in Mar. 2024 was 89.14.

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

SZSE:002658' s Days Payable Range Over the Past 10 Years
Min: 38.37   Med: 49.19   Max: 66.02
Current: 56.22

During the past 13 years, Beijing SDL Technology Co's highest Days Payable was 66.02. The lowest was 38.37. And the median was 49.19.

SZSE:002658's Days Payable is ranked worse than
61.46% of 2421 companies
in the Hardware industry
Industry Median: 67.93 vs SZSE:002658: 56.22

Beijing SDL Technology Co's Days Payable increased from Mar. 2023 (67.67) to Mar. 2024 (89.14). It may suggest that Beijing SDL Technology Co delayed paying its suppliers.


Beijing SDL Technology Co Days Payable Historical Data

The historical data trend for Beijing SDL 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.

* Premium members only.

Beijing SDL Technology Co Days Payable Chart

Beijing SDL Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.22 65.97 66.02 61.75 55.47

Beijing SDL 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 67.67 56.35 66.52 38.22 89.14

Competitive Comparison of Beijing SDL Technology Co's Days Payable

For the Scientific & Technical Instruments subindustry, Beijing SDL 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.


Beijing SDL Technology Co's Days Payable Distribution in the Hardware Industry

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

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



Beijing SDL 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.

Beijing SDL 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
=( (120.895 + 148.027) / 2 ) / 884.824*365
=134.461 / 884.824*365
=55.47

Beijing SDL 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
=( (148.027 + 129.366) / 2 ) / 141.975*365 / 4
=138.6965 / 141.975*365 / 4
=89.14

* 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.


Beijing SDL Technology Co Days Payable Related Terms

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Beijing SDL Technology Co (SZSE:002658) Business Description

Traded in Other Exchanges
N/A
Address
No.3, Hi-tech 3 street, Beijing International Information Industry Base, Huilongguan, Changping district, Beijing, CHN
Beijing SDL Technology Co Ltd is an environmental monitoring corporation in China. The company is organized around five major business areas: environmental monitoring, intelligent environmental information systems, environmental solutions, process analytics, and third-party testing, maintenance, and service. The company also provide customers with tailor-made integrated solutions for continuous monitoring, automatic control, operation, and maintenance. The company's products are widely used for emissions and air quality monitoring and process analytical solutions in governmental programs and various industries including environmental, power, cement, iron and steel, air separation, and petrochemical.

Beijing SDL Technology Co (SZSE:002658) Headlines

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