Red Phase (SZSE:300427) Days Payable : 517.03 (As of Mar. 2024)

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What is Red Phase Days Payable?

Red Phase's average Accounts Payable for the three months ended in Mar. 2024 was ¥240.9 Mil. Red Phase's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥42.5 Mil. Hence, Red Phase's Days Payable for the three months ended in Mar. 2024 was 517.03.

The historical rank and industry rank for Red Phase's Days Payable or its related term are showing as below:

SZSE:300427' s Days Payable Range Over the Past 10 Years
Min: 105.39 Med: 176.61 Max: 222.84
Current: 222.84

During the past 13 years, Red Phase's highest Days Payable was 222.84. The lowest was 105.39. And the median was 176.61.

SZSE:300427's Days Payable is ranked better than
91.91% of 2928 companies
in the Industrial Products industry
Industry Median: 76.275 vs SZSE:300427: 222.84

Red Phase's Days Payable increased from Mar. 2023 (238.38) to Mar. 2024 (517.03). It may suggest that Red Phase delayed paying its suppliers.

Red Phase Days Payable Historical Data

The historical data trend for Red Phase'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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Red Phase Days Payable Chart

Red Phase Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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213.78

188.77

176.62

176.60

186.50

Red Phase 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															238.38	288.78	264.17	124.32	517.03

Competitive Comparison of Red Phase's Days Payable

For the Electrical Equipment & Parts subindustry, Red Phase'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.

Red Phase's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Red Phase's Days Payable distribution charts can be found below:

* The bar in red indicates where Red Phase's Days Payable falls into.

Red Phase 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.

Red Phase'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
=	( (654.326	+	251.32)	/	2 )	/	886.233	*	365
=	452.823					/	886.233	*	365
=	186.50

Red Phase'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
=	( (251.32	+	230.402)	/	2 )	/	42.509	*	365 / 4
=	240.861					/	42.509	*	365 / 4
=	517.03

Red Phase Days Payable Related Terms

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Red Phase (SZSE:300427) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Red Phase Inc (SZSE:300427) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Unit 1002, No. 3, Nantou Road, Siming District, Fujian Province, Xiamen, CHN, 361008

Website

http://www.redphase.com.cn

Red Phase Inc is engaged in the research and application of power system state maintenance technology. It provides its customers with various solutions for power grid state maintenance and intelligent operation.

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