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Chnv Technology Co (BJSE:836957) Days Payable : 107.76 (As of Mar. 2024)


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What is Chnv Technology Co Days Payable?

Chnv Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥122.6 Mil. Chnv Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥103.8 Mil. Hence, Chnv Technology Co's Days Payable for the three months ended in Mar. 2024 was 107.76.

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

BJSE:836957' s Days Payable Range Over the Past 10 Years
Min: 22.95   Med: 42.86   Max: 132.38
Current: 98.97

During the past 11 years, Chnv Technology Co's highest Days Payable was 132.38. The lowest was 22.95. And the median was 42.86.

BJSE:836957's Days Payable is ranked better than
75.08% of 1501 companies
in the Chemicals industry
Industry Median: 60.48 vs BJSE:836957: 98.97

Chnv Technology Co's Days Payable declined from Mar. 2023 (109.97) to Mar. 2024 (107.76). It may suggest that Chnv Technology Co accelerated paying its suppliers.


Chnv Technology Co Days Payable Historical Data

The historical data trend for Chnv 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.

Chnv Technology Co Days Payable Chart

Chnv Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.01 109.87 132.38 113.93 110.22

Chnv Technology Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 109.97 92.27 101.17 106.81 107.76

Competitive Comparison of Chnv Technology Co's Days Payable

For the Specialty Chemicals subindustry, Chnv 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.


Chnv Technology Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chnv Technology Co's Days Payable distribution charts can be found below:

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



Chnv 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.

Chnv 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
=( (100.994 + 141.253) / 2 ) / 401.096*365
=121.1235 / 401.096*365
=110.22

Chnv 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
=( (141.253 + 103.893) / 2 ) / 103.796*365 / 4
=122.573 / 103.796*365 / 4
=107.76

* 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.


Chnv Technology Co Days Payable Related Terms

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Chnv Technology Co (BJSE:836957) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Qiaotai Street, Qiaoxinxi 1st Road,, Guangdong Province, Qiaotou Town, Dongguan City, CHN, 523525
Website
Chnv Technology Co Ltd engages in research and development, production, and sales of polymer material environmental protection additives. It has an automatic production line and specializes in the production of additives for petrochemicals, rubber, plastic, paint, paper, and other fields.

Chnv Technology Co (BJSE:836957) Headlines

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