Guangdong Greenway Technology Co (SHSE:688345) Days Payable : 179.30 (As of Mar. 2025)

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What is Guangdong Greenway Technology Co Days Payable?

Guangdong Greenway Technology Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥1,020 Mil. Guangdong Greenway Technology Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥519 Mil. Hence, Guangdong Greenway Technology Co's Days Payable for the three months ended in Mar. 2025 was 179.30.

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

SHSE:688345' s Days Payable Range Over the Past 10 Years
Min: 111.08 Med: 123.84 Max: 219.12
Current: 181.03

During the past 8 years, Guangdong Greenway Technology Co's highest Days Payable was 219.12. The lowest was 111.08. And the median was 123.84.

SHSE:688345's Days Payable is ranked better than
84.18% of 2945 companies
in the Industrial Products industry
Industry Median: 80.02 vs SHSE:688345: 181.03

Guangdong Greenway Technology Co's Days Payable declined from Mar. 2024 (244.15) to Mar. 2025 (179.30). It may suggest that Guangdong Greenway Technology Co accelerated paying its suppliers.

Guangdong Greenway Technology Co Days Payable Historical Data

The historical data trend for Guangdong Greenway Technology 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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Guangdong Greenway Technology Co Days Payable Chart

Guangdong Greenway Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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120.55

111.08

121.08

140.11

219.12

Guangdong Greenway Technology 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															244.15	180.27	191.60	171.76	179.30

Competitive Comparison of Guangdong Greenway Technology Co's Days Payable

For the Electrical Equipment & Parts subindustry, Guangdong Greenway Technology 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.

Guangdong Greenway Technology Co's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Guangdong Greenway Technology Co's Days Payable falls into.

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Guangdong Greenway Technology 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.

Guangdong Greenway Technology 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
=	( (831.2	+	1015.896)	/	2 )	/	1538.417	*	365
=	923.548					/	1538.417	*	365
=	219.12

Guangdong Greenway Technology 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
=	( (1015.896	+	1024.199)	/	2 )	/	519.115	*	365 / 4
=	1020.0475					/	519.115	*	365 / 4
=	179.30

Guangdong Greenway Technology Co Days Payable Related Terms

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Guangdong Greenway Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangdong Greenway Technology Co Ltd (SHSE:688345) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Dongcheng Street, Tongsha New Industrial Park, Guangdong Province, Dongguan, CHN, 523129

Website

https://www.greenway-battery.com

Guangdong Greenway Technology Co Ltd is engaged in the research and development, manufacturing and sales of lithium-ion batteries. It offers products such as electric motorcycle battery, two wheeled battery, LEV battery, lithium battery and others.

Executives

Chen Zhi Jun	Core technical personnel
Wang Juan	senior management

Guangdong Greenway Technology Co Headlines

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