China Geokon Instruments Co (BJSE:830879) Days Payable : 137.72 (As of Mar. 2024)

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What is China Geokon Instruments Co Days Payable?

China Geokon Instruments Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥48.1 Mil. China Geokon Instruments Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥31.9 Mil. Hence, China Geokon Instruments Co's Days Payable for the three months ended in Mar. 2024 was 137.72.

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

BJSE:830879' s Days Payable Range Over the Past 10 Years
Min: 80.79 Med: 124.07 Max: 156.74
Current: 113.61

During the past 12 years, China Geokon Instruments Co's highest Days Payable was 156.74. The lowest was 80.79. And the median was 124.07.

BJSE:830879's Days Payable is ranked better than
75.84% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs BJSE:830879: 113.61

China Geokon Instruments Co's Days Payable declined from Mar. 2023 (201.99) to Mar. 2024 (137.72). It may suggest that China Geokon Instruments Co accelerated paying its suppliers.

China Geokon Instruments Co Days Payable Historical Data

The historical data trend for China Geokon Instruments 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 Geokon Instruments Co Days Payable Chart

China Geokon Instruments Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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118.61

80.79

91.29

133.20

134.34

China Geokon Instruments 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															201.99	144.85	137.61	69.53	137.72

Competitive Comparison of China Geokon Instruments Co's Days Payable

For the Scientific & Technical Instruments subindustry, China Geokon Instruments 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 Geokon Instruments Co's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where China Geokon Instruments Co's Days Payable falls into.

China Geokon Instruments 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 Geokon Instruments 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
=	( (63.364	+	46.58)	/	2 )	/	149.358	*	365
=	54.972					/	149.358	*	365
=	134.34

China Geokon Instruments 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
=	( (46.58	+	49.578)	/	2 )	/	31.856	*	365 / 4
=	48.079					/	31.856	*	365 / 4
=	137.72

China Geokon Instruments Co Days Payable Related Terms

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China Geokon Instruments Co (BJSE:830879) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China Geokon Instruments Co Ltd (BJSE:830879) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

No. 8 Caihefang Road,, Room 1111, Tianchuang Technology Building, Haidian District, Beijing, CHN, 100080

Website

https://www.geokon.com.cn

China Geokon Instruments Co Ltd is a tech enterprise engaged in the research and development, production and sales of intelligent monitoring terminals, as well as providing security monitoring IoT solutions and services. Its products are mainly used in engineering Safety monitoring and field environmental monitoring, hydropower stations, nuclear power stations, wind farms, oil and gas storage and transportation, water conservancy projects, subways, high-speed rails, bridges, tunnels, ports, municipal buildings, cultural relics, mines, geological disasters. It offers monitoring sensors, data acquisition equipment, and Safety Monitoring Management Software.

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