EVE Energy Co (SZSE:300014) Days Payable : 351.12 (As of Mar. 2024)

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What is EVE Energy Co Days Payable?

EVE Energy Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥29,529 Mil. EVE Energy Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥7,674 Mil. Hence, EVE Energy Co's Days Payable for the three months ended in Mar. 2024 was 351.12.

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

SZSE:300014' s Days Payable Range Over the Past 10 Years
Min: 111.81 Med: 244.94 Max: 302.89
Current: 260.83

During the past 13 years, EVE Energy Co's highest Days Payable was 302.89. The lowest was 111.81. And the median was 244.94.

SZSE:300014's Days Payable is ranked better than
93.26% of 2936 companies
in the Industrial Products industry
Industry Median: 76.395 vs SZSE:300014: 260.83

EVE Energy Co's Days Payable increased from Mar. 2023 (250.03) to Mar. 2024 (351.12). It may suggest that EVE Energy Co delayed paying its suppliers.

EVE Energy Co Days Payable Historical Data

The historical data trend for EVE Energy 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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EVE Energy Co Days Payable Chart

EVE Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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268.82

302.89

239.75

221.71

250.13

EVE Energy 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															250.03	233.38	240.50	245.56	351.12

Competitive Comparison of EVE Energy Co's Days Payable

For the Electrical Equipment & Parts subindustry, EVE Energy 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.

EVE Energy Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, EVE Energy Co's Days Payable distribution charts can be found below:

* The bar in red indicates where EVE Energy Co's Days Payable falls into.

EVE Energy 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.

EVE Energy 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
=	( (25285.601	+	30185.623)	/	2 )	/	40473.297	*	365
=	27735.612					/	40473.297	*	365
=	250.13

EVE Energy 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
=	( (30185.623	+	28871.881)	/	2 )	/	7673.91	*	365 / 4
=	29528.752					/	7673.91	*	365 / 4
=	351.12

EVE Energy Co Days Payable Related Terms

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EVE Energy Co (SZSE:300014) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » EVE Energy Co Ltd (SZSE:300014) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

EVE Industrial Park, Xikeng Industrial zone, Huihuan Town, Huizhou, Guangdong, CHN

Website

http://www.evebattery.com

EVE Energy Co Ltd is a China-based company. The company's main business is the development, production, sales of lithium primary batteries, lithium-ion batteries. Lithium primary battery is used in smart meter (water, electricity, gas, heat meter), remote data acquisition system, intelligent security, smart home, intelligent transportation, data storage, medical equipment, oil drilling, military applications and other fields, is a driving force.

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