Guangdong Shenling Environmental System Co (SZSE:301018) Days Payable : 205.55 (As of Mar. 2024)

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What is Guangdong Shenling Environmental System Co Days Payable?

Guangdong Shenling Environmental System Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥824 Mil. Guangdong Shenling Environmental System Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥366 Mil. Hence, Guangdong Shenling Environmental System Co's Days Payable for the three months ended in Mar. 2024 was 205.55.

The historical rank and industry rank for Guangdong Shenling Environmental System Co's Days Payable or its related term are showing as below:

SZSE:301018' s Days Payable Range Over the Past 10 Years
Min: 92.36 Med: 121.16 Max: 162.77
Current: 159.3

During the past 10 years, Guangdong Shenling Environmental System Co's highest Days Payable was 162.77. The lowest was 92.36. And the median was 121.16.

SZSE:301018's Days Payable is ranked better than
79.1% of 2918 companies
in the Industrial Products industry
Industry Median: 76.585 vs SZSE:301018: 159.30

Guangdong Shenling Environmental System Co's Days Payable increased from Mar. 2023 (205.04) to Mar. 2024 (205.55). It may suggest that Guangdong Shenling Environmental System Co delayed paying its suppliers.

Guangdong Shenling Environmental System Co Days Payable Historical Data

The historical data trend for Guangdong Shenling Environmental System 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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Guangdong Shenling Environmental System Co Days Payable Chart

Guangdong Shenling Environmental System Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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130.86

162.77

159.89

155.10

160.73

Guangdong Shenling Environmental System Co Quarterly Data
	Dec17	Dec18	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															205.04	141.91	146.05	165.01	205.55

Competitive Comparison of Guangdong Shenling Environmental System Co's Days Payable

For the Electrical Equipment & Parts subindustry, Guangdong Shenling Environmental System 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.

Guangdong Shenling Environmental System Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangdong Shenling Environmental System Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangdong Shenling Environmental System Co's Days Payable falls into.

Guangdong Shenling Environmental System 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.

Guangdong Shenling Environmental System 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
=	( (746.674	+	853.578)	/	2 )	/	1817.006	*	365
=	800.126					/	1817.006	*	365
=	160.73

Guangdong Shenling Environmental System 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
=	( (853.578	+	794.658)	/	2 )	/	365.846	*	365 / 4
=	824.118					/	365.846	*	365 / 4
=	205.55

Guangdong Shenling Environmental System Co Days Payable Related Terms

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Guangdong Shenling Environmental System Co (SZSE:301018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangdong Shenling Environmental System Co Ltd (SZSE:301018) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 8, Xinglong 10th Road, Machinery Equipment Park, Chencun Town, Shunde District, Guangdong Province, Foshan, CHN, 528313

Website

https://www.shenling.com

Guangdong Shenling Environmental System Co Ltd focuses on air environment conditioning equipment represented by special air conditioners, integrating R&D and design, manufacturing, marketing services, engineering installation, and operation and maintenance. The company provides overall vertical solutions for environmental regulation in the four fields of data service industry environment, industrial process production and research environment, professional special application environment, and high-end public building indoor environment.

Executives

Tan Bing Wen	Director
Ou Zhao Ming	Supervisors

Guangdong Shenling Environmental System Co (SZSE:301018) Headlines

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