China Zhenhua (Group) Science & Technology Co (SZSE:000733) Days Payable : 197.66 (As of Sep. 2023)

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What is China Zhenhua (Group) Science & Technology Co Days Payable?

China Zhenhua (Group) Science & Technology Co's average Accounts Payable for the three months ended in Sep. 2023 was ¥1,615 Mil. China Zhenhua (Group) Science & Technology Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥746 Mil. Hence, China Zhenhua (Group) Science & Technology Co's Days Payable for the three months ended in Sep. 2023 was 197.66.

The historical rank and industry rank for China Zhenhua (Group) Science & Technology Co's Days Payable or its related term are showing as below:

SZSE:000733' s Days Payable Range Over the Past 10 Years
Min: 54.17 Med: 133.57 Max: 211.77
Current: 208.14

During the past 13 years, China Zhenhua (Group) Science & Technology Co's highest Days Payable was 211.77. The lowest was 54.17. And the median was 133.57.

SZSE:000733's Days Payable is ranked better than
90.74% of 2419 companies
in the Hardware industry
Industry Median: 67.96 vs SZSE:000733: 208.14

China Zhenhua (Group) Science & Technology Co's Days Payable declined from Sep. 2022 (223.43) to Sep. 2023 (197.66). It may suggest that China Zhenhua (Group) Science & Technology Co accelerated paying its suppliers.

China Zhenhua (Group) Science & Technology Co Days Payable Historical Data

The historical data trend for China Zhenhua (Group) Science & 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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China Zhenhua (Group) Science & Technology Co Days Payable Chart

China Zhenhua (Group) Science & Technology Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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171.49

211.77

161.13

187.07

201.54

China Zhenhua (Group) Science & Technology Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															223.43	283.08	197.18	176.00	197.66

Competitive Comparison of China Zhenhua (Group) Science & Technology Co's Days Payable

For the Communication Equipment subindustry, China Zhenhua (Group) Science & 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.

China Zhenhua (Group) Science & Technology Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, China Zhenhua (Group) Science & Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Zhenhua (Group) Science & Technology Co's Days Payable falls into.

China Zhenhua (Group) Science & 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.

China Zhenhua (Group) Science & Technology Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1340.327	+	1650.944)	/	2 )	/	2708.744	*	365
=	1495.6355					/	2708.744	*	365
=	201.54

China Zhenhua (Group) Science & Technology Co's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (1622.774	+	1607.568)	/	2 )	/	745.64	*	365 / 4
=	1615.171					/	745.64	*	365 / 4
=	197.66

China Zhenhua (Group) Science & Technology Co Days Payable Related Terms

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China Zhenhua (Group) Science & Technology Co (SZSE:000733) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China Zhenhua (Group) Science & Technology Co Ltd (SZSE:000733) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 268, North Section, Xin Tim Road, Wudang District, Guizhou Province, Guiyang, CHN, 550018

Website

http://www.czst.com.cn

China Zhenhua (Group) Science & Technology Co Ltd operates in the electronic components business. The business activities are functioned through four sectors namely Electronic Components, Electronic Materials, Complete Machines and Systems, and Modern Service Industries. Geographically the business is functioned through the region of China.

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