Jiangsu Pacific Quartz Co (SHSE:603688) Days Payable : 112.83 (As of Mar. 2025)

View and export this data going back to 2014. Start your Free Trial

What is Jiangsu Pacific Quartz Co Days Payable?

Jiangsu Pacific Quartz Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥198 Mil. Jiangsu Pacific Quartz Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥160 Mil. Hence, Jiangsu Pacific Quartz Co's Days Payable for the three months ended in Mar. 2025 was 112.83.

The historical rank and industry rank for Jiangsu Pacific Quartz Co's Days Payable or its related term are showing as below:

SHSE:603688' s Days Payable Range Over the Past 10 Years
Min: 42.81 Med: 58.42 Max: 133.45
Current: 98.39

During the past 13 years, Jiangsu Pacific Quartz Co's highest Days Payable was 133.45. The lowest was 42.81. And the median was 58.42.

SHSE:603688's Days Payable is ranked better than
72.61% of 1526 companies
in the Chemicals industry
Industry Median: 61.24 vs SHSE:603688: 98.39

Jiangsu Pacific Quartz Co's Days Payable declined from Mar. 2024 (137.01) to Mar. 2025 (112.83). It may suggest that Jiangsu Pacific Quartz Co accelerated paying its suppliers.

Jiangsu Pacific Quartz Co Days Payable Historical Data

The historical data trend for Jiangsu Pacific Quartz 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.

* Premium members only.

Jiangsu Pacific Quartz Co Days Payable Chart

Jiangsu Pacific Quartz Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

57.41

51.79

59.16

84.30

133.45

Jiangsu Pacific Quartz 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															137.01	83.95	95.92	97.39	112.83

Competitive Comparison of Jiangsu Pacific Quartz Co's Days Payable

For the Specialty Chemicals subindustry, Jiangsu Pacific Quartz 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.

Jiangsu Pacific Quartz Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Pacific Quartz Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangsu Pacific Quartz Co's Days Payable falls into.

Save Embed

;

Save Embed

;

Jiangsu Pacific Quartz 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.

Jiangsu Pacific Quartz 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
=	( (292.247	+	186.011)	/	2 )	/	654.055	*	365
=	239.129					/	654.055	*	365
=	133.45

Jiangsu Pacific Quartz 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
=	( (186.011	+	210.644)	/	2 )	/	160.401	*	365 / 4
=	198.3275					/	160.401	*	365 / 4
=	112.83

Jiangsu Pacific Quartz Co Days Payable Related Terms

Thank you for viewing the detailed overview of Jiangsu Pacific Quartz Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Jiangsu Pacific Quartz Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangsu Pacific Quartz Co Ltd (SHSE:603688) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

East side of Mahe Power Station, Jiangsu Province, Pingming Town, Donghai County, Lianyungang, CHN, 222342

Website

http://www.quartzpacific.com

Jiangsu Pacific Quartz Co Ltd is engaged in the Production, Research & Development and sales of quartz products.

Executives

Zhou Ming Qiang	senior management
Qian Wei Gang	Directors, senior managers
Chen Pei Rong	Director
Chen Dong	Supervisors
Chen Shi Bin	Director
Liu Ming Wei	Director
Wang Xin	Supervisors
Chou Bing	Director
Chen Dan Dan	Supervisors
He Cheng Bin	Supervisors
Lv Liang Yi	senior management

Jiangsu Pacific Quartz Co Headlines

No Headlines