Shenzhen MTC Co (SZSE:002429) Days Payable : 127.10 (As of Mar. 2025)

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What is Shenzhen MTC Co Days Payable?

Shenzhen MTC Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥4,235 Mil. Shenzhen MTC Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥3,040 Mil. Hence, Shenzhen MTC Co's Days Payable for the three months ended in Mar. 2025 was 127.10.

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

SZSE:002429' s Days Payable Range Over the Past 10 Years
Min: 70.57 Med: 101.64 Max: 130.87
Current: 104.13

During the past 13 years, Shenzhen MTC Co's highest Days Payable was 130.87. The lowest was 70.57. And the median was 101.64.

SZSE:002429's Days Payable is ranked better than
70% of 2403 companies
in the Hardware industry
Industry Median: 71.02 vs SZSE:002429: 104.13

Shenzhen MTC Co's Days Payable declined from Mar. 2024 (130.01) to Mar. 2025 (127.10). It may suggest that Shenzhen MTC Co accelerated paying its suppliers.

Shenzhen MTC Co Days Payable Historical Data

The historical data trend for Shenzhen MTC 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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Shenzhen MTC Co Days Payable Chart

Shenzhen MTC Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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116.10

102.92

130.87

120.49

100.35

Shenzhen MTC 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															130.01	102.36	83.33	129.15	127.10

Competitive Comparison of Shenzhen MTC Co's Days Payable

For the Electronic Components subindustry, Shenzhen MTC 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.

Shenzhen MTC Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen MTC Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen MTC Co's Days Payable falls into.

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Shenzhen MTC 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.

Shenzhen MTC 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
=	( (4942.512	+	4315.164)	/	2 )	/	16835.797	*	365
=	4628.838					/	16835.797	*	365
=	100.35

Shenzhen MTC 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
=	( (4315.164	+	4154.661)	/	2 )	/	3040.474	*	365 / 4
=	4234.9125					/	3040.474	*	365 / 4
=	127.10

Shenzhen MTC Co Days Payable Related Terms

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Shenzhen MTC Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen MTC Co Ltd (SZSE:002429) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pengzhou Industrial Zone, Fuyong Street, Futian District, Shenzhen, Guangdong, CHN, 518103

Website

http://www.szmtc.com.cn

Shenzhen MTC Co Ltd is a China-based company that manufactures and designs LCD TVs, set-top boxes, LED components and components, network communications terminals and internet entertainment products.

Executives

Luo Tao	Supervisors
Qi Ling Yan	Executives
Liu Ze Xi	Supervisors
Kang Jian	Directors, executives
Zhou Can	Directors, executives
Quan Jin Song	Directors, executives
Deng Wei Ming	Independent director
Gu Wei	Director
Yao Xiang Rong	Directors, executives
Ou Jun	Executives

Shenzhen MTC Co Headlines

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