Zhangjiagang Guangda Special Material Co (SHSE:688186) Days Payable : 248.03 (As of Mar. 2025)

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What is Zhangjiagang Guangda Special Material Co Days Payable?

Zhangjiagang Guangda Special Material Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥2,460 Mil. Zhangjiagang Guangda Special Material Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥905 Mil. Hence, Zhangjiagang Guangda Special Material Co's Days Payable for the three months ended in Mar. 2025 was 248.03.

The historical rank and industry rank for Zhangjiagang Guangda Special Material Co's Days Payable or its related term are showing as below:

SHSE:688186' s Days Payable Range Over the Past 10 Years
Min: 195.99 Med: 215.45 Max: 292.14
Current: 254.45

During the past 9 years, Zhangjiagang Guangda Special Material Co's highest Days Payable was 292.14. The lowest was 195.99. And the median was 215.45.

SHSE:688186's Days Payable is ranked better than
96.48% of 596 companies
in the Steel industry
Industry Median: 42.365 vs SHSE:688186: 254.45

Zhangjiagang Guangda Special Material Co's Days Payable declined from Mar. 2024 (278.10) to Mar. 2025 (248.03). It may suggest that Zhangjiagang Guangda Special Material Co accelerated paying its suppliers.

Zhangjiagang Guangda Special Material Co Days Payable Historical Data

The historical data trend for Zhangjiagang Guangda Special Material 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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Zhangjiagang Guangda Special Material Co Days Payable Chart

Zhangjiagang Guangda Special Material Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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203.19

228.32

292.14

280.55

263.46

Zhangjiagang Guangda Special Material 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															278.10	261.67	247.63	261.50	248.03

Competitive Comparison of Zhangjiagang Guangda Special Material Co's Days Payable

For the Steel subindustry, Zhangjiagang Guangda Special Material 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.

Zhangjiagang Guangda Special Material Co's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Zhangjiagang Guangda Special Material Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhangjiagang Guangda Special Material Co's Days Payable falls into.

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Zhangjiagang Guangda Special Material 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.

Zhangjiagang Guangda Special Material 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
=	( (2346.156	+	2472.592)	/	2 )	/	3337.971	*	365
=	2409.374					/	3337.971	*	365
=	263.46

Zhangjiagang Guangda Special Material 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
=	( (2472.592	+	2447.018)	/	2 )	/	904.962	*	365 / 4
=	2459.805					/	904.962	*	365 / 4
=	248.03

Zhangjiagang Guangda Special Material Co Days Payable Related Terms

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Zhangjiagang Guangda Special Material Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Zhangjiagang Guangda Special Material Co Ltd (SHSE:688186) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Fenghuang Town, Langanqiao Development Zone, Jiangsu Province, Anqing Village, Zhangjiagang, CHN, 215614

Website

http://www.zjggdtc.com

Zhangjiagang Guangda Special Material Co Ltd is engaged in production and sale of special steel materials. The company's products include various types of castings and forgings and machine accessories: such as forged round bar, die and tool steel, wind power spindle, heavy load gear motor shaft, high pressure boiler pipe, roller, oil mechanical driller, tube-shaped forging, die block, ring forging, disk-shaped forging and all kinds of abnormal forgings. Its products are used in various industries such as wind power, chemical engineering, machinery, automobile, vessel, power station, metallurgy, mining and petrochemical.

Executives

Tang Zhong Xue	Director
Xu Wei Ming	Director
Gu Jin Cai	senior management
Zhou Qing Chun	Core technical personnel

Zhangjiagang Guangda Special Material Co Headlines

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