Ningbo Sunny Precision Industry Co (BJSE:831906) Days Payable : 371.89 (As of Mar. 2024)

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What is Ningbo Sunny Precision Industry Co Days Payable?

Ningbo Sunny Precision Industry Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥405.1 Mil. Ningbo Sunny Precision Industry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥99.4 Mil. Hence, Ningbo Sunny Precision Industry Co's Days Payable for the three months ended in Mar. 2024 was 371.89.

The historical rank and industry rank for Ningbo Sunny Precision Industry Co's Days Payable or its related term are showing as below:

BJSE:831906' s Days Payable Range Over the Past 10 Years
Min: 80.88 Med: 187.76 Max: 231.26
Current: 218.55

During the past 12 years, Ningbo Sunny Precision Industry Co's highest Days Payable was 231.26. The lowest was 80.88. And the median was 187.76.

BJSE:831906's Days Payable is ranked better than
93.53% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 66.62 vs BJSE:831906: 218.55

Ningbo Sunny Precision Industry Co's Days Payable increased from Mar. 2023 (252.15) to Mar. 2024 (371.89). It may suggest that Ningbo Sunny Precision Industry Co delayed paying its suppliers.

Ningbo Sunny Precision Industry Co Days Payable Historical Data

The historical data trend for Ningbo Sunny Precision 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.

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Ningbo Sunny Precision Industry Co Days Payable Chart

Ningbo Sunny Precision Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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208.12

206.69

194.09

205.69

231.26

Ningbo Sunny Precision Industry Co Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															252.15	240.88	239.59	149.07	371.89

Competitive Comparison of Ningbo Sunny Precision Industry Co's Days Payable

For the Auto Parts subindustry, Ningbo Sunny Precision 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.

Ningbo Sunny Precision Industry Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo Sunny Precision Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Ningbo Sunny Precision Industry Co's Days Payable falls into.

Ningbo Sunny Precision 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.

Ningbo Sunny Precision 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
=	( (395.368	+	460.869)	/	2 )	/	675.698	*	365
=	428.1185					/	675.698	*	365
=	231.26

Ningbo Sunny Precision 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
=	( (460.869	+	349.406)	/	2 )	/	99.408	*	365 / 4
=	405.1375					/	99.408	*	365 / 4
=	371.89

Ningbo Sunny Precision Industry Co Days Payable Related Terms

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Ningbo Sunny Precision Industry Co (BJSE:831906) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ningbo Sunny Precision Industry Co Ltd (BJSE:831906) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 518, Jinshun East Road, Zhejiang Province, Yuyao City, CHN, 315400

Website

http://www.sunnymould.com

Ningbo Sunny Precision Industry Co Ltd operates as an auto parts manufacturer integrating the design, development, and manufacture of automotive interior functional parts.

Ningbo Sunny Precision Industry Co (BJSE:831906) Headlines

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