Beijing Aerospace Shenzhou Intelligent Equipment Technology Co (SZSE:300455) Days Payable : 366.69 (As of Mar. 2024)

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What is Beijing Aerospace Shenzhou Intelligent Equipment Technology Co Days Payable?

Beijing Aerospace Shenzhou Intelligent Equipment Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥607 Mil. Beijing Aerospace Shenzhou Intelligent Equipment Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥151 Mil. Hence, Beijing Aerospace Shenzhou Intelligent Equipment Technology Co's Days Payable for the three months ended in Mar. 2024 was 366.69.

The historical rank and industry rank for Beijing Aerospace Shenzhou Intelligent Equipment Technology Co's Days Payable or its related term are showing as below:

SZSE:300455' s Days Payable Range Over the Past 10 Years
Min: 72.58 Med: 189.33 Max: 272.57
Current: 235.8

During the past 13 years, Beijing Aerospace Shenzhou Intelligent Equipment Technology Co's highest Days Payable was 272.57. The lowest was 72.58. And the median was 189.33.

SZSE:300455's Days Payable is ranked better than
92.78% of 2423 companies
in the Hardware industry
Industry Median: 67.77 vs SZSE:300455: 235.80

Beijing Aerospace Shenzhou Intelligent Equipment Technology Co's Days Payable declined from Mar. 2023 (451.45) to Mar. 2024 (366.69). It may suggest that Beijing Aerospace Shenzhou Intelligent Equipment Technology Co accelerated paying its suppliers.

Beijing Aerospace Shenzhou Intelligent Equipment Technology Co Days Payable Historical Data

The historical data trend for Beijing Aerospace Shenzhou Intelligent Equipment 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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Beijing Aerospace Shenzhou Intelligent Equipment Technology Co Days Payable Chart

Beijing Aerospace Shenzhou Intelligent Equipment Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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132.93

151.29

184.37

243.97

232.43

Beijing Aerospace Shenzhou Intelligent Equipment 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															451.45	277.04	267.12	148.12	366.69

Competitive Comparison of Beijing Aerospace Shenzhou Intelligent Equipment Technology Co's Days Payable

For the Scientific & Technical Instruments subindustry, Beijing Aerospace Shenzhou Intelligent Equipment 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.

Beijing Aerospace Shenzhou Intelligent Equipment Technology Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Beijing Aerospace Shenzhou Intelligent Equipment Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing Aerospace Shenzhou Intelligent Equipment Technology Co's Days Payable falls into.

Beijing Aerospace Shenzhou Intelligent Equipment 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.

Beijing Aerospace Shenzhou Intelligent Equipment 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
=	( (822.623	+	599.501)	/	2 )	/	1116.631	*	365
=	711.062					/	1116.631	*	365
=	232.43

Beijing Aerospace Shenzhou Intelligent Equipment 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
=	( (599.501	+	613.733)	/	2 )	/	150.956	*	365 / 4
=	606.617					/	150.956	*	365 / 4
=	366.69

Beijing Aerospace Shenzhou Intelligent Equipment Technology Co Days Payable Related Terms

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Beijing Aerospace Shenzhou Intelligent Equipment Technology Co (SZSE:300455) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Beijing Aerospace Shenzhou Intelligent Equipment Technology Co Ltd (SZSE:300455) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

9th Floor, 61 Zhichun Road, Haidian District, Beijing, CHN, 100190

Website

http://www.cchbds.com.cn

Beijing Aerospace Shenzhou Intelligent Equipment Technology Co Ltd formerly Beijing Ctrowell Technology Corp Ltd is engaged in manufacturing railway vehicle safety detection technology.

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