CETC Digital Technology Co (SHSE:600850) Days Payable : 140.39 (As of Mar. 2025)

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What is CETC Digital Technology Co Days Payable?

CETC Digital Technology Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥2,531 Mil. CETC Digital Technology Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥1,645 Mil. Hence, CETC Digital Technology Co's Days Payable for the three months ended in Mar. 2025 was 140.39.

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

SHSE:600850' s Days Payable Range Over the Past 10 Years
Min: 77.99 Med: 84.63 Max: 103.67
Current: 92.73

During the past 13 years, CETC Digital Technology Co's highest Days Payable was 103.67. The lowest was 77.99. And the median was 84.63.

SHSE:600850's Days Payable is ranked better than
66.67% of 2547 companies
in the Software industry
Industry Median: 53.11 vs SHSE:600850: 92.73

CETC Digital Technology Co's Days Payable increased from Mar. 2024 (111.74) to Mar. 2025 (140.39). It may suggest that CETC Digital Technology Co delayed paying its suppliers.

CETC Digital Technology Co Days Payable Historical Data

The historical data trend for CETC Digital 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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CETC Digital Technology Co Days Payable Chart

CETC Digital Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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85.20

80.72

90.31

98.97

103.67

CETC Digital Technology Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															111.74	84.31	90.95	77.11	140.39

Competitive Comparison of CETC Digital Technology Co's Days Payable

For the Software - Infrastructure subindustry, CETC Digital 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.

CETC Digital Technology Co's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, CETC Digital Technology Co's Days Payable distribution charts can be found below:

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

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CETC Digital 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.

CETC Digital Technology Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (2119.789	+	2794.526)	/	2 )	/	8651.339	*	365
=	2457.1575					/	8651.339	*	365
=	103.67

CETC Digital Technology Co's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (2794.526	+	2266.76)	/	2 )	/	1644.871	*	365 / 4
=	2530.643					/	1644.871	*	365 / 4
=	140.39

CETC Digital Technology Co Days Payable Related Terms

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CETC Digital Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CETC Digital Technology Co Ltd (SHSE:600850) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1485 Jialuo Road, 6th Floor, Building 43, Jiading District, Shanghai, CHN, 200233

Website

http://www.shecc.com

CETC Digital Technology Co Ltd is engaged in the development of information systems and software engineering in China. It is also involved in the design, installation, and construction of computer hardware, communication equipment, electronics, integrated system equipment systems integration, network engineering, software engineering and electronic engineering. Its product and services include Data Center Product Solution, Cloud product solutions, and Cloud service management. The company distributes its products within domestic and overseas markets.

Executives

Xing Mao Teng	senior management
Zhang Hong	Director
Chen Jian Ping	senior management
Duan Li Feng	senior management
Ma Zhuang	senior management
Hou Zhi Ping	senior management
Zhang Wei Min	Directors, senior managers
Mou Yun Jie	senior management
Lin Jian Min	Director
Zhang Jie	Supervisors
Sun Wei Li	senior management
Yang Zhi Hua	senior management
Guo Wen Qi	Director
Shen Quan Gen	Director
Chen Gang	Supervisors

CETC Digital Technology Co Headlines

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