GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Johnson Electric Holdings Ltd (OTCPK:JELCF) » Definitions » Days Payable

Johnson Electric Holdings (Johnson Electric Holdings) Days Payable : 94.72 (As of Mar. 2024)


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

What is Johnson Electric Holdings Days Payable?

Johnson Electric Holdings's average Accounts Payable for the six months ended in Mar. 2024 was $756 Mil. Johnson Electric Holdings's Cost of Goods Sold for the six months ended in Mar. 2024 was $1,456 Mil. Hence, Johnson Electric Holdings's Days Payable for the six months ended in Mar. 2024 was 94.72.

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

JELCF' s Days Payable Range Over the Past 10 Years
Min: 47.97   Med: 63.24   Max: 113.02
Current: 93.81

During the past 13 years, Johnson Electric Holdings's highest Days Payable was 113.02. The lowest was 47.97. And the median was 63.24.

JELCF's Days Payable is ranked better than
69.55% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 66.48 vs JELCF: 93.81

Johnson Electric Holdings's Days Payable declined from Mar. 2023 (98.76) to Mar. 2024 (94.72). It may suggest that Johnson Electric Holdings accelerated paying its suppliers.


Johnson Electric Holdings Days Payable Historical Data

The historical data trend for Johnson Electric Holdings'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.

Johnson Electric Holdings Days Payable Chart

Johnson Electric Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.05 110.13 113.43 102.35 92.09

Johnson Electric Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 110.19 112.19 98.76 94.34 94.72

Competitive Comparison of Johnson Electric Holdings's Days Payable

For the Auto Parts subindustry, Johnson Electric Holdings'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.


Johnson Electric Holdings's Days Payable Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Johnson Electric Holdings's Days Payable falls into.



Johnson Electric Holdings 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.

Johnson Electric Holdings's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (771.291 + 724.133) / 2 ) / 2963.493*365
=747.712 / 2963.493*365
=92.09

Johnson Electric Holdings'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: Sep. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (787.217 + 724.133) / 2 ) / 1456.016*365 / 2
=755.675 / 1456.016*365 / 2
=94.72

* 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.


Johnson Electric Holdings Days Payable Related Terms

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


Johnson Electric Holdings (Johnson Electric Holdings) Business Description

Traded in Other Exchanges
Address
6th Floor, 12 Science Park East Avenue, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG
Johnson Electric Holdings Ltd, along with its subsidiaries, is engaged in the manufacturing and selling of electro-mechanical motion systems and solutions. The company is organized into two business units: Automotive Products Group and Industry Products Group of which Automotive Products Group contributes the vast majority of its total revenue. Its automotive products include cooling fans, electric power steering motors, headlamp actuators, transmission and driveline actuators. Its industry segment offers medical devices, circuit breakers, power tools, industrial and laboratory equipment, building automation, and optronics. The company operates in Hong Kong, Switzerland, Canada, Serbia, and Others.

Johnson Electric Holdings (Johnson Electric Holdings) Headlines

No Headlines