Zhejiang Leapmotor Technology Co (HKSE:09863) Days Payable : 136.82 (As of Dec. 2023)

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What is Zhejiang Leapmotor Technology Co Days Payable?

Zhejiang Leapmotor Technology Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$8,619 Mil. Zhejiang Leapmotor Technology Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$11,497 Mil. Hence, Zhejiang Leapmotor Technology Co's Days Payable for the six months ended in Dec. 2023 was 136.82.

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

HKSE:09863' s Days Payable Range Over the Past 10 Years
Min: 112.77 Med: 174.76 Max: 312.01
Current: 159.68

During the past 5 years, Zhejiang Leapmotor Technology Co's highest Days Payable was 312.01. The lowest was 112.77. And the median was 174.76.

HKSE:09863's Days Payable is ranked better than
86.96% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 65.895 vs HKSE:09863: 159.68

Zhejiang Leapmotor Technology Co's Days Payable declined from Dec. 2022 (138.38) to Dec. 2023 (136.82). It may suggest that Zhejiang Leapmotor Technology Co accelerated paying its suppliers.

Zhejiang Leapmotor Technology Co Days Payable Historical Data

The historical data trend for Zhejiang Leapmotor 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.

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Zhejiang Leapmotor Technology Co Days Payable Chart

Zhejiang Leapmotor Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

312.01

177.07

133.71

112.77

174.76

Zhejiang Leapmotor Technology Co Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			-	77.33	138.38	178.30	136.82

Competitive Comparison of Zhejiang Leapmotor Technology Co's Days Payable

For the Auto Manufacturers subindustry, Zhejiang Leapmotor 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.

Zhejiang Leapmotor Technology Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Leapmotor Technology Co's Days Payable distribution charts can be found below:

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

Zhejiang Leapmotor 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.

Zhejiang Leapmotor 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
=	( (6685.504	+	10770.302)	/	2 )	/	18229.159	*	365
=	8727.903					/	18229.159	*	365
=	174.76

Zhejiang Leapmotor Technology Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (6468.589	+	10770.302)	/	2 )	/	11497.066	*	365 / 2
=	8619.4455					/	11497.066	*	365 / 2
=	136.82

Zhejiang Leapmotor Technology Co Days Payable Related Terms

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Zhejiang Leapmotor Technology Co (HKSE:09863) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhejiang Leapmotor Technology Co Ltd (HKSE:09863) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 451 Wulianwang Street, 1st Floor, Binjiang District, Zhejiang Province, Hangzhou, CHN

Website

https://www.leapmotor.com

Zhejiang Leapmotor Technology Co Ltd is principally engaged in the production, research and development and sales of new energy vehicles in the PRC.

Executives

Chen Ailing	2202 Interest of your spouse
Fu Liquan	2201 Interest of corporation controlled by you
Liu Yunzhen	2202 Interest of your spouse
Zhu Jiangming	2103 Interests held jointly with another person
Fu Yiqin	2201 Interest of corporation controlled by you
Guo Xin Zheng Quan Gu Fen You Xian Gong Si	2501 Other
Ning Bo Hua Ling Chuang Ye Tou Zi He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Stellantis N.v.	2101 Beneficial owner
Chen Ailing	2103 Interests held jointly with another person
Fu Liquan	2103 Interests held jointly with another person
Liu Yunzhen	2202 Interest of your spouse
Zhu Jiangming	2103 Interests held jointly with another person
Fu Yiqin	2201 Interest of corporation controlled by you
Hang Zhou Guo Shun Ling Pao Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo	2101 Beneficial owner

Zhejiang Leapmotor Technology Co (HKSE:09863) Headlines

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