Kerun Intellgent Control Co (BJSE:834062) Days Payable : 159.49 (As of Mar. 2024)

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What is Kerun Intellgent Control Co Days Payable?

Kerun Intellgent Control Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥296 Mil. Kerun Intellgent Control Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥169 Mil. Hence, Kerun Intellgent Control Co's Days Payable for the three months ended in Mar. 2024 was 159.49.

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

BJSE:834062' s Days Payable Range Over the Past 10 Years
Min: 133.61 Med: 151.96 Max: 301.15
Current: 133.61

During the past 11 years, Kerun Intellgent Control Co's highest Days Payable was 301.15. The lowest was 133.61. And the median was 151.96.

BJSE:834062's Days Payable is ranked better than
73.51% of 2929 companies
in the Industrial Products industry
Industry Median: 76.43 vs BJSE:834062: 133.61

Kerun Intellgent Control Co's Days Payable declined from Mar. 2023 (174.09) to Mar. 2024 (159.49). It may suggest that Kerun Intellgent Control Co accelerated paying its suppliers.

Kerun Intellgent Control Co Days Payable Historical Data

The historical data trend for Kerun Intellgent Control 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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Kerun Intellgent Control Co Days Payable Chart

Kerun Intellgent Control Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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160.30

156.62

147.30

139.96

145.86

Kerun Intellgent Control Co Quarterly Data
	Dec18	Jun19	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															174.09	126.28	131.15	134.68	159.49

Competitive Comparison of Kerun Intellgent Control Co's Days Payable

For the Electrical Equipment & Parts subindustry, Kerun Intellgent Control 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.

Kerun Intellgent Control Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kerun Intellgent Control Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Kerun Intellgent Control Co's Days Payable falls into.

Kerun Intellgent Control 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.

Kerun Intellgent Control 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
=	( (313.569	+	334.428)	/	2 )	/	810.779	*	365
=	323.9985					/	810.779	*	365
=	145.86

Kerun Intellgent Control 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
=	( (334.428	+	256.594)	/	2 )	/	169.068	*	365 / 4
=	295.511					/	169.068	*	365 / 4
=	159.49

Kerun Intellgent Control Co Days Payable Related Terms

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Kerun Intellgent Control Co (BJSE:834062) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kerun Intellgent Control Co Ltd (BJSE:834062) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 1 Kaiyuan Road, Shanhai Cooperation Zone, Economic Development Zone, Jiangshan City, Zhejiang Province, Quzhou City, CHN, 324100

Website

http://www.krgroup.cn

Kerun Intellgent Control Co Ltd conducts research, development, production, sales, and service of power transmission and distribution equipment, high and low-voltage complete sets, special power containers, transformers, and new energy products. The company has six major business divisions - Electrical Division, Transformer Division, Component Division, Sheet Metal Division, New Energy Division, and Military Industry Division. The leading products are transformer series, high and low voltage complete switchgear series, and box-type substation series.

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