Haimo Technologies Group (SZSE:300084) Days Payable : 347.89 (As of Mar. 2024)

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What is Haimo Technologies Group Days Payable?

Haimo Technologies Group's average Accounts Payable for the three months ended in Mar. 2024 was ¥165.8 Mil. Haimo Technologies Group's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥43.5 Mil. Hence, Haimo Technologies Group's Days Payable for the three months ended in Mar. 2024 was 347.89.

The historical rank and industry rank for Haimo Technologies Group's Days Payable or its related term are showing as below:

SZSE:300084' s Days Payable Range Over the Past 10 Years
Min: 109.1 Med: 155.43 Max: 197.76
Current: 144.12

During the past 13 years, Haimo Technologies Group's highest Days Payable was 197.76. The lowest was 109.10. And the median was 155.43.

SZSE:300084's Days Payable is ranked better than
76.14% of 901 companies
in the Oil & Gas industry
Industry Median: 60.98 vs SZSE:300084: 144.12

Haimo Technologies Group's Days Payable declined from Mar. 2023 (422.70) to Mar. 2024 (347.89). It may suggest that Haimo Technologies Group accelerated paying its suppliers.

Haimo Technologies Group Days Payable Historical Data

The historical data trend for Haimo Technologies Group'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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Haimo Technologies Group Days Payable Chart

Haimo Technologies Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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158.79

197.76

179.39

187.90

165.30

Haimo Technologies Group 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															422.70	270.02	156.68	68.88	347.89

Competitive Comparison of Haimo Technologies Group's Days Payable

For the Oil & Gas Equipment & Services subindustry, Haimo Technologies Group'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.

Haimo Technologies Group's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Haimo Technologies Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Haimo Technologies Group's Days Payable falls into.

Haimo Technologies Group 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.

Haimo Technologies Group'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
=	( (227.537	+	177.533)	/	2 )	/	447.209	*	365
=	202.535					/	447.209	*	365
=	165.30

Haimo Technologies Group'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
=	( (177.533	+	153.981)	/	2 )	/	43.477	*	365 / 4
=	165.757					/	43.477	*	365 / 4
=	347.89

Haimo Technologies Group Days Payable Related Terms

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Haimo Technologies Group (SZSE:300084) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Haimo Technologies Group Corp (SZSE:300084) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 593, Zhang Sutan, Chengguan District, Gansu Province, Lanzhou, CHN, 730010

Website

http://www.haimotech.com

Haimo Technologies Group Corp is engaged in energy production, equipment supply, environmental protection, and data management and production optimization services. The company also offers multi-phase metering services to oil field service companies. The products and services of the company include fracturing equipment and services, environmental protection equipment and services, and integrated production optimization services.

Haimo Technologies Group (SZSE:300084) Headlines

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