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Focused Photonics (Hangzhou) (SZSE:300203) Days Payable : 357.86 (As of Mar. 2024)


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What is Focused Photonics (Hangzhou) Days Payable?

Focused Photonics (Hangzhou)'s average Accounts Payable for the three months ended in Mar. 2024 was ¥1,110 Mil. Focused Photonics (Hangzhou)'s Cost of Goods Sold for the three months ended in Mar. 2024 was ¥283 Mil. Hence, Focused Photonics (Hangzhou)'s Days Payable for the three months ended in Mar. 2024 was 357.86.

The historical rank and industry rank for Focused Photonics (Hangzhou)'s Days Payable or its related term are showing as below:

SZSE:300203' s Days Payable Range Over the Past 10 Years
Min: 61.93   Med: 132.02   Max: 240.54
Current: 223.38

During the past 13 years, Focused Photonics (Hangzhou)'s highest Days Payable was 240.54. The lowest was 61.93. And the median was 132.02.

SZSE:300203's Days Payable is ranked better than
91.69% of 2420 companies
in the Hardware industry
Industry Median: 67.93 vs SZSE:300203: 223.38

Focused Photonics (Hangzhou)'s Days Payable declined from Mar. 2023 (407.24) to Mar. 2024 (357.86). It may suggest that Focused Photonics (Hangzhou) accelerated paying its suppliers.


Focused Photonics (Hangzhou) Days Payable Historical Data

The historical data trend for Focused Photonics (Hangzhou)'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.

Focused Photonics (Hangzhou) Days Payable Chart

Focused Photonics (Hangzhou) 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 139.07 146.69 177.28 218.38 240.54

Focused Photonics (Hangzhou) 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 407.24 250.20 213.51 157.07 357.86

Competitive Comparison of Focused Photonics (Hangzhou)'s Days Payable

For the Scientific & Technical Instruments subindustry, Focused Photonics (Hangzhou)'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.


Focused Photonics (Hangzhou)'s Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Focused Photonics (Hangzhou)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Focused Photonics (Hangzhou)'s Days Payable falls into.



Focused Photonics (Hangzhou) 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.

Focused Photonics (Hangzhou)'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
=( (1279.481 + 1183.583) / 2 ) / 1868.736*365
=1231.532 / 1868.736*365
=240.54

Focused Photonics (Hangzhou)'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
=( (1183.583 + 1036.941) / 2 ) / 283.105*365 / 4
=1110.262 / 283.105*365 / 4
=357.86

* 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.


Focused Photonics (Hangzhou) Days Payable Related Terms

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Focused Photonics (Hangzhou) (SZSE:300203) Business Description

Traded in Other Exchanges
N/A
Address
459 Qian'mo Road, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310051
Focused Photonics (Hangzhou) Inc. is engaged in R&D, manufacture, and distribution of instruments which are widely used in safety monitoring and environmental protection. It measures gas, air, dust, and water. The company offers its products for use in marine, engine, refinery, chemical, natural gas, iron and steel, power plant, waste incineration, cement, and emission applications. Its products are well known in China and distributed worldwide.
Executives
Gu Hai Tao Director
Han Shuang Lai Directors, executives
Wei Jun Zheng Supervisors
Yao Na Xin Directors, executives
Wang Jian Directors, executives
Sun You Xian Independent director

Focused Photonics (Hangzhou) (SZSE:300203) Headlines

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