Xi'an Bright Laser Technologies Co (SHSE:688333) Days Payable

: 202.63 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

Xi'an Bright Laser Technologies Co's average Accounts Payable for the three months ended in Dec. 2023 was ¥519 Mil. Xi'an Bright Laser Technologies Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥234 Mil. Hence, Xi'an Bright Laser Technologies Co's Days Payable for the three months ended in Dec. 2023 was 202.63.

The historical rank and industry rank for Xi'an Bright Laser Technologies Co's Days Payable or its related term are showing as below:

SHSE:688333' s Days Payable Range Over the Past 10 Years
Min: 126.76 Med: 265.87 Max: 353.6
Current: 281.04

During the past 8 years, Xi'an Bright Laser Technologies Co's highest Days Payable was 353.60. The lowest was 126.76. And the median was 265.87.

SHSE:688333's Days Payable is ranked better than
94.47% of 2928 companies
in the Industrial Products industry
Industry Median: 76.15 vs SHSE:688333: 281.04

Xi'an Bright Laser Technologies Co's Days Payable declined from Dec. 2022 (265.84) to Dec. 2023 (202.63). It may suggest that Xi'an Bright Laser Technologies Co accelerated paying its suppliers.

Xi'an Bright Laser Technologies Co Days Payable Historical Data

The historical data trend for Xi'an Bright Laser Technologies 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.

Xi'an Bright Laser Technologies Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

248.52

197.33

283.22

353.60

292.97

Xi'an Bright Laser Technologies Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															265.84	628.82	254.81	262.31	202.63

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Xi'an Bright Laser Technologies 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.

Xi'an Bright Laser Technologies Co Days Payable Distribution

For the Industrial Products industry and Industrials sector, Xi'an Bright Laser Technologies Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Xi'an Bright Laser Technologies Co's Days Payable falls into.

Xi'an Bright Laser Technologies 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.

Xi'an Bright Laser Technologies Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (495.245	+	514.29)	/	2 )	/	628.861	*	365
=	504.7675					/	628.861	*	365
=	292.97

Xi'an Bright Laser Technologies Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (522.825	+	514.29)	/	2 )	/	233.516	*	365 / 4
=	518.5575					/	233.516	*	365 / 4
=	202.63

Xi'an Bright Laser Technologies Co Days Payable Related Terms

Thank you for viewing the detailed overview of Xi'an Bright Laser Technologies Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Xi'an Bright Laser Technologies Co (SHSE:688333) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xi'an Bright Laser Technologies Co Ltd (SHSE:688333) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1000, Shanglinyuan 7th Road, High-tech Zone, Shaanxi Province, Xi'an, CHN, 710000

Website

http://www.xa-blt.com

Xi'an Bright Laser Technologies Co Ltd is engaged in the development and production of metal 3D printing materials, research and development and production of metal 3D printing equipment, customized 3D printing product services, metal 3D printing process design and development and related technical services.

Xi'an Bright Laser Technologies Co (SHSE:688333) Headlines

No Headlines