ChengduRO Technology Co (SZSE:300101) Days Payable : 499.58 (As of Mar. 2024)

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What is ChengduRO Technology Co Days Payable?

ChengduRO Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥313.2 Mil. ChengduRO Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥57.2 Mil. Hence, ChengduRO Technology Co's Days Payable for the three months ended in Mar. 2024 was 499.58.

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

SZSE:300101' s Days Payable Range Over the Past 10 Years
Min: 101.67 Med: 185.36 Max: 328.91
Current: 298.7

During the past 13 years, ChengduRO Technology Co's highest Days Payable was 328.91. The lowest was 101.67. And the median was 185.36.

SZSE:300101's Days Payable is ranked better than
95.58% of 2419 companies
in the Hardware industry
Industry Median: 67.95 vs SZSE:300101: 298.70

ChengduRO Technology Co's Days Payable declined from Mar. 2023 (547.15) to Mar. 2024 (499.58). It may suggest that ChengduRO Technology Co accelerated paying its suppliers.

ChengduRO Technology Co Days Payable Historical Data

The historical data trend for ChengduRO 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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ChengduRO Technology Co Days Payable Chart

ChengduRO Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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165.16

242.65

244.43

216.36

328.91

ChengduRO 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															547.15	327.11	433.89	160.54	499.58

Competitive Comparison of ChengduRO Technology Co's Days Payable

For the Communication Equipment subindustry, ChengduRO 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.

ChengduRO Technology Co's Days Payable Distribution in the Hardware Industry

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

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

ChengduRO 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.

ChengduRO 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
=	( (381.188	+	315.448)	/	2 )	/	386.533	*	365
=	348.318					/	386.533	*	365
=	328.91

ChengduRO 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
=	( (315.448	+	311.008)	/	2 )	/	57.212	*	365 / 4
=	313.228					/	57.212	*	365 / 4
=	499.58

ChengduRO Technology Co Days Payable Related Terms

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ChengduRO Technology Co (SZSE:300101) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chengdu CORPRO Technology Co Ltd (SZSE:300101) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

GoldTel Park, West High-Tech Zone, Chengdu, Sichuan, CHN, 611731

Website

http://www.corpro.cn

Chengdu CORPRO Technology Co Ltd is engaged in the manufacturing and distribution of communication and related equipment. The main products include key components of Beidou satellite navigation application, high-performance integrated circuit, Beidou satellite navigation terminal and Beidou satellite navigation and positioning application system.

Executives

Xie Jun	Director
Mo Ran	Director
Hu Biao	Supervisors
Mo Xiao Yu	Director
Yang Guo Yong	Directors, Directors, and Executives
Yan Hong Lin	Executives
Yang Zhang	Director
Xu Yi	Directors, executives
Zhao Ze Song	Independent director
Chen Tian Hui	Director
Wei Jian Ping	Director
Jiang Cai	Director

ChengduRO Technology Co (SZSE:300101) Headlines

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