Guangdong Ganhua Science & Industry Co (SZSE:000576) Days Payable : 173.41 (As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Guangdong Ganhua Science & Industry Co Days Payable?

Guangdong Ganhua Science & Industry Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥60.5 Mil. Guangdong Ganhua Science & Industry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥31.8 Mil. Hence, Guangdong Ganhua Science & Industry Co's Days Payable for the three months ended in Mar. 2024 was 173.41.

The historical rank and industry rank for Guangdong Ganhua Science & Industry Co's Days Payable or its related term are showing as below:

SZSE:000576' s Days Payable Range Over the Past 10 Years
Min: 13.53 Med: 21.68 Max: 135.94
Current: 135.94

During the past 13 years, Guangdong Ganhua Science & Industry Co's highest Days Payable was 135.94. The lowest was 13.53. And the median was 21.68.

SZSE:000576's Days Payable is ranked better than
82.48% of 468 companies
in the Conglomerates industry
Industry Median: 57.64 vs SZSE:000576: 135.94

Guangdong Ganhua Science & Industry Co's Days Payable declined from Mar. 2023 (186.97) to Mar. 2024 (173.41). It may suggest that Guangdong Ganhua Science & Industry Co accelerated paying its suppliers.

Guangdong Ganhua Science & Industry Co Days Payable Historical Data

The historical data trend for Guangdong Ganhua Science & Industry 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.

Guangdong Ganhua Science & Industry Co Days Payable Chart

Guangdong Ganhua Science & Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

20.91

22.45

29.04

89.47

128.76

Guangdong Ganhua Science & Industry Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															186.97	107.30	133.63	142.96	173.41

Competitive Comparison of Guangdong Ganhua Science & Industry Co's Days Payable

For the Conglomerates subindustry, Guangdong Ganhua Science & Industry 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 Ganhua Science & Industry Co's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Guangdong Ganhua Science & Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangdong Ganhua Science & Industry Co's Days Payable falls into.

Guangdong Ganhua Science & Industry 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 Ganhua Science & Industry 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
=	( (54.639	+	55.321)	/	2 )	/	155.852	*	365
=	54.98					/	155.852	*	365
=	128.76

Guangdong Ganhua Science & Industry Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (55.321	+	65.594)	/	2 )	/	31.814	*	365 / 4
=	60.4575					/	31.814	*	365 / 4
=	173.41

Guangdong Ganhua Science & Industry Co Days Payable Related Terms

Thank you for viewing the detailed overview of Guangdong Ganhua Science & Industry Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Guangdong Ganhua Science & Industry Co (SZSE:000576) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Guangdong Ganhua Science & Industry Co Ltd (SZSE:000576) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 62, Ganhua Road, Guangdong Province, Jiangmen, CHN, 529030

Website

http://www.gdganhua.com

Guangdong Ganhua Science & Industry Co Ltd is engaged in the business of power supply systems and core components of intelligent ammunition for the military sector. Also, the company is involved in dealing with mechanical equipment, instrumentation, spare parts and related technologies. It also manufactures and sells power converters, power modules, electronic components, semiconductor integrated circuits and system products, computer software and other types of machinery.

Guangdong Ganhua Science & Industry Co (SZSE:000576) Headlines

No Headlines