Nantong Great Electric Co (BJSE:870436) Days Payable : 208.67 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Nantong Great Electric Co Days Payable?

Nantong Great Electric Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥361.7 Mil. Nantong Great Electric Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥158.2 Mil. Hence, Nantong Great Electric Co's Days Payable for the three months ended in Mar. 2024 was 208.67.

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

BJSE:870436' s Days Payable Range Over the Past 10 Years
Min: 146.66 Med: 167.46 Max: 271.25
Current: 149.67

During the past 10 years, Nantong Great Electric Co's highest Days Payable was 271.25. The lowest was 146.66. And the median was 167.46.

BJSE:870436's Days Payable is ranked better than
85.16% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 66.62 vs BJSE:870436: 149.67

Nantong Great Electric Co's Days Payable increased from Mar. 2023 (139.59) to Mar. 2024 (208.67). It may suggest that Nantong Great Electric Co delayed paying its suppliers.

Nantong Great Electric Co Days Payable Historical Data

The historical data trend for Nantong Great Electric 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.

Nantong Great Electric Co Days Payable Chart

Nantong Great Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

165.64

167.23

146.66

152.63

149.75

Nantong Great Electric 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															139.59	133.88	136.85	126.50	208.67

Competitive Comparison of Nantong Great Electric Co's Days Payable

For the Auto Parts subindustry, Nantong Great Electric 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.

Nantong Great Electric Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nantong Great Electric Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nantong Great Electric Co's Days Payable falls into.

Nantong Great Electric 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.

Nantong Great Electric 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
=	( (136.706	+	404.824)	/	2 )	/	659.957	*	365
=	270.765					/	659.957	*	365
=	149.75

Nantong Great Electric 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
=	( (404.824	+	318.638)	/	2 )	/	158.183	*	365 / 4
=	361.731					/	158.183	*	365 / 4
=	208.67

Nantong Great Electric Co Days Payable Related Terms

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

Nantong Great Electric Co (BJSE:870436) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nantong Great Electric Co Ltd (BJSE:870436) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 1166 Yonghe Road, Chongchuan District, Jiangsu Province, Nantong, CHN

Website

https://www.ntgec.com

Nantong Great Electric Co Ltd is involved in the product manufacturing and technical services for automotive wiring harnesses and related components.

Nantong Great Electric Co (BJSE:870436) Headlines

No Headlines