Beijing Dahao Technology (SHSE:603025) Days Payable : 123.21 (As of Sep. 2023)

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What is Beijing Dahao Technology Days Payable?

Beijing Dahao Technology's average Accounts Payable for the three months ended in Sep. 2023 was ¥391 Mil. Beijing Dahao Technology's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥289 Mil. Hence, Beijing Dahao Technology's Days Payable for the three months ended in Sep. 2023 was 123.21.

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

SHSE:603025' s Days Payable Range Over the Past 10 Years
Min: 59.09 Med: 66.08 Max: 121.52
Current: 121.52

During the past 12 years, Beijing Dahao Technology's highest Days Payable was 121.52. The lowest was 59.09. And the median was 66.08.

SHSE:603025's Days Payable is ranked better than
70.89% of 2930 companies
in the Industrial Products industry
Industry Median: 76.275 vs SHSE:603025: 121.52

Beijing Dahao Technology's Days Payable declined from Sep. 2022 (126.72) to Sep. 2023 (123.21). It may suggest that Beijing Dahao Technology accelerated paying its suppliers.

Beijing Dahao Technology Days Payable Historical Data

The historical data trend for Beijing Dahao Technology'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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Beijing Dahao Technology Days Payable Chart

Beijing Dahao Technology Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

63.49

59.09

87.45

70.84

106.35

Beijing Dahao Technology Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															126.72	118.68	131.97	113.94	123.21

Competitive Comparison of Beijing Dahao Technology's Days Payable

For the Specialty Industrial Machinery subindustry, Beijing Dahao Technology'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.

Beijing Dahao Technology's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing Dahao Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing Dahao Technology's Days Payable falls into.

Beijing Dahao Technology 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.

Beijing Dahao Technology's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (200.69	+	352.961)	/	2 )	/	950.098	*	365
=	276.8255					/	950.098	*	365
=	106.35

Beijing Dahao Technology's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (399.942	+	381.439)	/	2 )	/	289.346	*	365 / 4
=	390.6905					/	289.346	*	365 / 4
=	123.21

Beijing Dahao Technology Days Payable Related Terms

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Beijing Dahao Technology (SHSE:603025) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijing Dahao Technology Corp Ltd (SHSE:603025) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

M7 Building, No.1 Jiu Xian Qiao East Road, Chaoyang District, Beijing, CHN, 100015

Website

http://www.dahaobj.cn

Beijing Dahao Technology Corp Ltd is a China-based company engages in the research, production, and sale of various computerized control systems for sewing and knitting machines. Its products are mainly used in embroidery machines, sewing machine control systems, and flat-knitting machine control systems. The company mainly operates its business in East China, South China, Central China and North China.

Beijing Dahao Technology (SHSE:603025) Headlines

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