Zhuzhou Feilu High-Tech Materials Co (SZSE:300665) Days Payable : 500.62 (As of Mar. 2024)

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What is Zhuzhou Feilu High-Tech Materials Co Days Payable?

Zhuzhou Feilu High-Tech Materials Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥333.1 Mil. Zhuzhou Feilu High-Tech Materials Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥60.7 Mil. Hence, Zhuzhou Feilu High-Tech Materials Co's Days Payable for the three months ended in Mar. 2024 was 500.62.

The historical rank and industry rank for Zhuzhou Feilu High-Tech Materials Co's Days Payable or its related term are showing as below:

SZSE:300665' s Days Payable Range Over the Past 10 Years
Min: 134.32 Med: 173.89 Max: 255.17
Current: 188.69

During the past 13 years, Zhuzhou Feilu High-Tech Materials Co's highest Days Payable was 255.17. The lowest was 134.32. And the median was 173.89.

SZSE:300665's Days Payable is ranked better than
92.79% of 1497 companies
in the Chemicals industry
Industry Median: 60.63 vs SZSE:300665: 188.69

Zhuzhou Feilu High-Tech Materials Co's Days Payable increased from Mar. 2023 (377.61) to Mar. 2024 (500.62). It may suggest that Zhuzhou Feilu High-Tech Materials Co delayed paying its suppliers.

Zhuzhou Feilu High-Tech Materials Co Days Payable Historical Data

The historical data trend for Zhuzhou Feilu High-Tech Materials 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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Zhuzhou Feilu High-Tech Materials Co Days Payable Chart

Zhuzhou Feilu High-Tech Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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152.55

183.68

255.17

243.82

203.00

Zhuzhou Feilu High-Tech Materials 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															377.61	149.80	195.78	137.89	500.62

Competitive Comparison of Zhuzhou Feilu High-Tech Materials Co's Days Payable

For the Specialty Chemicals subindustry, Zhuzhou Feilu High-Tech Materials 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.

Zhuzhou Feilu High-Tech Materials Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhuzhou Feilu High-Tech Materials Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhuzhou Feilu High-Tech Materials Co's Days Payable falls into.

Zhuzhou Feilu High-Tech Materials 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.

Zhuzhou Feilu High-Tech Materials 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
=	( (368.43	+	360.48)	/	2 )	/	655.306	*	365
=	364.455					/	655.306	*	365
=	203.00

Zhuzhou Feilu High-Tech Materials 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
=	( (360.48	+	305.677)	/	2 )	/	60.711	*	365 / 4
=	333.0785					/	60.711	*	365 / 4
=	500.62

Zhuzhou Feilu High-Tech Materials Co Days Payable Related Terms

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Zhuzhou Feilu High-Tech Materials Co (SZSE:300665) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhuzhou Feilu High-Tech Materials Co Ltd (SZSE:300665) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jinshan Industrial Park, Hetang District, Hunan Province, Zhuzhou City, CHN, 412003

Website

http://www.zzfeilu.com

Zhuzhou Feilu High-Tech Materials Co Ltd is a supplier of anti-corrosion coatings, waterproof coatings, floor coatings and other high-tech materials in China. It offers metal preservative products, such as alkyd lacquer, acrylic, polyurethane paint, epoxy paint, water-based, putty class paints, and other special coatings for use in track equipment, railway trucks, export cars, cargo, railway buses, railway locomotives, railway cars, other special vehicles.

Executives

Yi Jia Li	Secretary Dong
Liu Xiong Ying	Executives
He Xiao Feng	Directors, executives
Han Yu An	Executives
Fan Guo Dong	Directors, executives
Zhang Wei Guo	Director
Zhou Di Wu	Executives
Chen Jia	Supervisors
Peng Long Sheng	Executives
Liu Shuai	Supervisors
Xia Ling Gen	Director

Zhuzhou Feilu High-Tech Materials Co (SZSE:300665) Headlines

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