Suzhou Sunmun Technology Co (SZSE:300522) Days Payable : 63.24 (As of Mar. 2024)

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What is Suzhou Sunmun Technology Co Days Payable?

Suzhou Sunmun Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥85.9 Mil. Suzhou Sunmun Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥124.0 Mil. Hence, Suzhou Sunmun Technology Co's Days Payable for the three months ended in Mar. 2024 was 63.24.

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

SZSE:300522' s Days Payable Range Over the Past 10 Years
Min: 30.54 Med: 44.71 Max: 67.77
Current: 54.8

During the past 13 years, Suzhou Sunmun Technology Co's highest Days Payable was 67.77. The lowest was 30.54. And the median was 44.71.

SZSE:300522's Days Payable is ranked worse than
56.77% of 1506 companies
in the Chemicals industry
Industry Median: 61.065 vs SZSE:300522: 54.80

Suzhou Sunmun Technology Co's Days Payable increased from Mar. 2023 (58.01) to Mar. 2024 (63.24). It may suggest that Suzhou Sunmun Technology Co delayed paying its suppliers.

Suzhou Sunmun Technology Co Days Payable Historical Data

The historical data trend for Suzhou Sunmun 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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Suzhou Sunmun Technology Co Days Payable Chart

Suzhou Sunmun Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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47.74

67.77

48.34

45.03

57.60

Suzhou Sunmun 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															58.01	45.61	49.34	65.81	63.24

Competitive Comparison of Suzhou Sunmun Technology Co's Days Payable

For the Specialty Chemicals subindustry, Suzhou Sunmun 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.

Suzhou Sunmun Technology Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Suzhou Sunmun Technology Co's Days Payable distribution charts can be found below:

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

Suzhou Sunmun 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.

Suzhou Sunmun 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
=	( (69.794	+	89.488)	/	2 )	/	504.703	*	365
=	79.641					/	504.703	*	365
=	57.60

Suzhou Sunmun 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
=	( (89.488	+	82.342)	/	2 )	/	123.974	*	365 / 4
=	85.915					/	123.974	*	365 / 4
=	63.24

Suzhou Sunmun Technology Co Days Payable Related Terms

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Suzhou Sunmun Technology Co (SZSE:300522) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Suzhou Sunmun Technology Co Ltd (SZSE:300522) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 219, North Huangpujiang Road, Jiangsu Province, Kunshan, CHN, 215337

Website

http://www.smcolor.com.cn

Suzhou Sunmun Technology Co Ltd is a supplier of water-based colorant and computer toning integrated systems. It provides water-based colorant for a dispenser, synthetic leather, paint producing line, and textile printing. Its products include Water Based Colorant, Solvent-based Colorant, Ink, Tinting Software, and Color Chart. The colorant can be widely applied in the coloring areas like coating, latex products, paper, leather, textile, fiber, ink, and so on.

Executives

Du Zhang Sen	Executives
Lv Shi Ming	Directors, executives
Chen Jin	Director
Wang Yan	Director
Shao Yu Dong	Executives
Hu Yi Min	Supervisors

Suzhou Sunmun Technology Co (SZSE:300522) Headlines

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