Sino Prima Gas Technology Co (SZSE:300483) Days Payable : 61.69 (As of Mar. 2024)

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What is Sino Prima Gas Technology Co Days Payable?

Sino Prima Gas Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥153 Mil. Sino Prima Gas Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥226 Mil. Hence, Sino Prima Gas Technology Co's Days Payable for the three months ended in Mar. 2024 was 61.69.

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

SZSE:300483' s Days Payable Range Over the Past 10 Years
Min: 49.65 Med: 109.15 Max: 402.29
Current: 49.65

During the past 13 years, Sino Prima Gas Technology Co's highest Days Payable was 402.29. The lowest was 49.65. And the median was 109.15.

SZSE:300483's Days Payable is ranked worse than
62.56% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.03 vs SZSE:300483: 49.65

Sino Prima Gas Technology Co's Days Payable increased from Mar. 2023 (56.43) to Mar. 2024 (61.69). It may suggest that Sino Prima Gas Technology Co delayed paying its suppliers.

Sino Prima Gas Technology Co Days Payable Historical Data

The historical data trend for Sino Prima Gas 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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Sino Prima Gas Technology Co Days Payable Chart

Sino Prima Gas Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

257.10

183.31

99.92

66.23

55.61

Sino Prima Gas 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															56.43	43.76	49.50	46.40	61.69

Competitive Comparison of Sino Prima Gas Technology Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Sino Prima Gas 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.

Sino Prima Gas Technology Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sino Prima Gas Technology Co's Days Payable distribution charts can be found below:

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

Sino Prima Gas 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.

Sino Prima Gas 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
=	( (211.234	+	149.448)	/	2 )	/	1183.615	*	365
=	180.341					/	1183.615	*	365
=	55.61

Sino Prima Gas 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
=	( (149.448	+	155.698)	/	2 )	/	225.697	*	365 / 4
=	152.573					/	225.697	*	365 / 4
=	61.69

Sino Prima Gas Technology Co Days Payable Related Terms

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Sino Prima Gas Technology Co (SZSE:300483) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Sino Prima Gas Technology Co Ltd (SZSE:300483) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No.5000, Yuanjiang Road, Minhang District, Shanghai, CHN, 201108

Website

http://www.worthgarden.com

Sino Prima Gas Technology Co Ltd formerly Shanghai Worth Garden Co Ltd is a service provider that focuses on the development, production, and sales of gardening products, engineering construction, and greening maintenance. Its products cover all aspects of horticultural life, including thousands of varieties and specifications, and a relatively complete horticultural product system. It offers garden hand tools, such as cutting tools, garden power tools, including lawn mowers, grass and hedge trimmers, and batteries and chargers, and garden watering products.

Executives

Wu Jun Liang

Directors, executives

Sino Prima Gas Technology Co (SZSE:300483) Headlines

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