Changchun FAWAY Automobile Components Co (SHSE:600742) Days Payable : 202.31 (As of Mar. 2024)

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What is Changchun FAWAY Automobile Components Co Days Payable?

Changchun FAWAY Automobile Components Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥9,033 Mil. Changchun FAWAY Automobile Components Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥4,074 Mil. Hence, Changchun FAWAY Automobile Components Co's Days Payable for the three months ended in Mar. 2024 was 202.31.

The historical rank and industry rank for Changchun FAWAY Automobile Components Co's Days Payable or its related term are showing as below:

SHSE:600742' s Days Payable Range Over the Past 10 Years
Min: 55.24 Med: 93.26 Max: 171.75
Current: 165.18

During the past 13 years, Changchun FAWAY Automobile Components Co's highest Days Payable was 171.75. The lowest was 55.24. And the median was 93.26.

SHSE:600742's Days Payable is ranked better than
87.09% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.94 vs SHSE:600742: 165.18

Changchun FAWAY Automobile Components Co's Days Payable increased from Mar. 2023 (194.62) to Mar. 2024 (202.31). It may suggest that Changchun FAWAY Automobile Components Co delayed paying its suppliers.

Changchun FAWAY Automobile Components Co Days Payable Historical Data

The historical data trend for Changchun FAWAY Automobile Components 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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Changchun FAWAY Automobile Components Co Days Payable Chart

Changchun FAWAY Automobile Components Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

109.51

156.45

164.80

171.75

170.73

Changchun FAWAY Automobile Components 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															194.62	162.18	144.79	161.82	202.31

Competitive Comparison of Changchun FAWAY Automobile Components Co's Days Payable

For the Auto Parts subindustry, Changchun FAWAY Automobile Components 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.

Changchun FAWAY Automobile Components Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Changchun FAWAY Automobile Components Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Changchun FAWAY Automobile Components Co's Days Payable falls into.

Changchun FAWAY Automobile Components 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.

Changchun FAWAY Automobile Components 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
=	( (8182.539	+	9275.803)	/	2 )	/	18661.766	*	365
=	8729.171					/	18661.766	*	365
=	170.73

Changchun FAWAY Automobile Components 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
=	( (9275.803	+	8790.224)	/	2 )	/	4074.339	*	365 / 4
=	9033.0135					/	4074.339	*	365 / 4
=	202.31

Changchun FAWAY Automobile Components Co Days Payable Related Terms

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Changchun FAWAY Automobile Components Co (SHSE:600742) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Changchun FAWAY Automobile Components Co Ltd (SHSE:600742) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1399, Dongfeng South Street, Automobile Industry Development Zone, Jilin Province, Changchun, CHN, 130011

Website

http://www.fawfw.com.cn

Changchun FAWAY Automobile Components Co Ltd is a China-based company principally engaged in the manufacture and sale of automobile spare parts in China. Its business scope includes products like car seats, instrument panels, door panels, seat frames, bumpers, grilles, rearview mirrors, automotive filters, automotive lighting, automotive stamping products, wheel assemblies, automotive electronics and other automotive components.

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