Zhejiang He Chuan Technology (SHSE:688320) Days Payable : 118.04 (As of Mar. 2025)

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What is Zhejiang He Chuan Technology Days Payable?

Zhejiang He Chuan Technology's average Accounts Payable for the three months ended in Mar. 2025 was ¥230.9 Mil. Zhejiang He Chuan Technology's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥178.5 Mil. Hence, Zhejiang He Chuan Technology's Days Payable for the three months ended in Mar. 2025 was 118.04.

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

SHSE:688320' s Days Payable Range Over the Past 10 Years
Min: 126.58 Med: 144.32 Max: 175.56
Current: 140.24

During the past 7 years, Zhejiang He Chuan Technology's highest Days Payable was 175.56. The lowest was 126.58. And the median was 144.32.

SHSE:688320's Days Payable is ranked better than
81.24% of 2404 companies
in the Hardware industry
Industry Median: 70.885 vs SHSE:688320: 140.24

Zhejiang He Chuan Technology's Days Payable declined from Mar. 2024 (170.51) to Mar. 2025 (118.04). It may suggest that Zhejiang He Chuan Technology accelerated paying its suppliers.

Zhejiang He Chuan Technology Days Payable Historical Data

The historical data trend for Zhejiang He Chuan 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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Zhejiang He Chuan Technology Days Payable Chart

Zhejiang He Chuan Technology Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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140.36

144.32

175.56

169.48

165.60

Zhejiang He Chuan Technology Quarterly Data
	Dec19	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															170.51	101.63	196.81	187.21	118.04

Competitive Comparison of Zhejiang He Chuan Technology's Days Payable

For the Computer Hardware subindustry, Zhejiang He Chuan 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.

Zhejiang He Chuan Technology's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhejiang He Chuan Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang He Chuan Technology's Days Payable falls into.

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Zhejiang He Chuan 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.

Zhejiang He Chuan Technology'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
=	( (318.881	+	224.164)	/	2 )	/	598.465	*	365
=	271.5225					/	598.465	*	365
=	165.60

Zhejiang He Chuan Technology'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
=	( (224.164	+	237.727)	/	2 )	/	178.533	*	365 / 4
=	230.9455					/	178.533	*	365 / 4
=	118.04

Zhejiang He Chuan Technology Days Payable Related Terms

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Zhejiang He Chuan Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Zhejiang He Chuan Technology Corp Ltd (SHSE:688320) » Definitions » Days Payable

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Address

No. 9, Fucai Road, Longyou Industrial Park, Zhejiang Province, Quzhou, CHN, 324400

Website

https://www.hcfa.cn

Zhejiang He Chuan Technology Corp Ltd is engaged in the research and development, production, sales and application integration of industrial automation products.

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