Xingtai Naknor Technology Co (BJSE:832522) Days Payable : 131.77 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Xingtai Naknor Technology Co Days Payable?

Xingtai Naknor Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥321.2 Mil. Xingtai Naknor Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥222.4 Mil. Hence, Xingtai Naknor Technology Co's Days Payable for the three months ended in Mar. 2024 was 131.77.

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

BJSE:832522' s Days Payable Range Over the Past 10 Years
Min: 136.02 Med: 187.12 Max: 478.38
Current: 478.38

During the past 12 years, Xingtai Naknor Technology Co's highest Days Payable was 478.38. The lowest was 136.02. And the median was 187.12.

BJSE:832522's Days Payable is ranked better than
97.95% of 2928 companies
in the Industrial Products industry
Industry Median: 76.585 vs BJSE:832522: 478.38

Xingtai Naknor Technology Co's Days Payable increased from Dec. 2022 (117.52) to Mar. 2024 (131.77). It may suggest that Xingtai Naknor Technology Co delayed paying its suppliers.

Xingtai Naknor Technology Co Days Payable Historical Data

The historical data trend for Xingtai Naknor 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.

* Premium members only.

Xingtai Naknor Technology Co Days Payable Chart

Xingtai Naknor Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

269.35

463.91

163.09

184.70

189.53

Xingtai Naknor Technology Co Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															117.52	220.25	408.63	-	131.77

Competitive Comparison of Xingtai Naknor Technology Co's Days Payable

For the Specialty Industrial Machinery subindustry, Xingtai Naknor 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.

Xingtai Naknor Technology Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xingtai Naknor Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Xingtai Naknor Technology Co's Days Payable falls into.

Xingtai Naknor 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.

Xingtai Naknor Technology 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
=	( (377.7	+	356.658)	/	2 )	/	707.106	*	365
=	367.179					/	707.106	*	365
=	189.53

Xingtai Naknor Technology 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
=	( (356.658	+	285.654)	/	2 )	/	222.401	*	365 / 4
=	321.156					/	222.401	*	365 / 4
=	131.77

Xingtai Naknor Technology Co Days Payable Related Terms

Thank you for viewing the detailed overview of Xingtai Naknor Technology Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Xingtai Naknor Technology Co (BJSE:832522) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xingtai Naknor Technology Co Ltd (BJSE:832522) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1788, Zhenxing South Road, Economic Development Zone, Hebei, Xingtai, CHN, 054001

Website

https://www.naknor.com

Xingtai Naknor Technology Co Ltd is engaged in research & development, production and sales of high-precision rolling equipment.

Xingtai Naknor Technology Co (BJSE:832522) Headlines

No Headlines