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Shenzhen Liantronics Co (SZSE:300269) Days Payable : 294.95 (As of Mar. 2024)


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What is Shenzhen Liantronics Co Days Payable?

Shenzhen Liantronics Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥328.9 Mil. Shenzhen Liantronics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥101.8 Mil. Hence, Shenzhen Liantronics Co's Days Payable for the three months ended in Mar. 2024 was 294.95.

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

SZSE:300269' s Days Payable Range Over the Past 10 Years
Min: 78.1   Med: 139.71   Max: 216.23
Current: 216.23

During the past 13 years, Shenzhen Liantronics Co's highest Days Payable was 216.23. The lowest was 78.10. And the median was 139.71.

SZSE:300269's Days Payable is ranked better than
91.25% of 2422 companies
in the Hardware industry
Industry Median: 67.735 vs SZSE:300269: 216.23

Shenzhen Liantronics Co's Days Payable increased from Mar. 2023 (250.23) to Mar. 2024 (294.95). It may suggest that Shenzhen Liantronics Co delayed paying its suppliers.


Shenzhen Liantronics Co Days Payable Historical Data

The historical data trend for Shenzhen Liantronics 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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Shenzhen Liantronics Co Days Payable Chart

Shenzhen Liantronics 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 78.10 160.87 149.85 159.87 210.37

Shenzhen Liantronics 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 250.23 206.06 226.55 175.78 294.95

Competitive Comparison of Shenzhen Liantronics Co's Days Payable

For the Consumer Electronics subindustry, Shenzhen Liantronics 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.


Shenzhen Liantronics Co's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Shenzhen Liantronics Co's Days Payable falls into.



Shenzhen Liantronics 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.

Shenzhen Liantronics 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
=( (475.792 + 336.37) / 2 ) / 704.567*365
=406.081 / 704.567*365
=210.37

Shenzhen Liantronics 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
=( (336.37 + 321.429) / 2 ) / 101.752*365 / 4
=328.8995 / 101.752*365 / 4
=294.95

* 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.


Shenzhen Liantronics Co Days Payable Related Terms

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Shenzhen Liantronics Co (SZSE:300269) Business Description

Traded in Other Exchanges
N/A
Address
3rd Liuxian Road, Antongda Industrial Zone, Liantronics Building, 2nd Floor, 68 Block Baoan, Bao'an District, Shenzhen, CHN, 518101
Shenzhen Liantronics Co Ltd is a China based company engaged in designing, manufacturing, selling and providing services for LED video display systems, LED message boards and LED lighting systems in China. It offers system solutions for medium and high-end LED full color display products. The company offers its products and solutions in China and other international countries. It provides products such as Fine pitch LED display, indoor fixed LED display, outdoor fixed LED display, indoor and outdoor rental LED display and other products. The company offers solutions for Broadcasting Studio, Stage LED Display, Mobile LED Display, Stadium LED Display, and others.

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