Tsinghua Tongfang Co (SHSE:600100) Days Payable : 300.78 (As of Mar. 2024)

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What is Tsinghua Tongfang Co Days Payable?

Tsinghua Tongfang Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥7,676 Mil. Tsinghua Tongfang Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,329 Mil. Hence, Tsinghua Tongfang Co's Days Payable for the three months ended in Mar. 2024 was 300.78.

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

SHSE:600100' s Days Payable Range Over the Past 10 Years
Min: 120.04 Med: 138.1 Max: 164.51
Current: 132.63

During the past 13 years, Tsinghua Tongfang Co's highest Days Payable was 164.51. The lowest was 120.04. And the median was 138.10.

SHSE:600100's Days Payable is ranked better than
81.29% of 2421 companies
in the Hardware industry
Industry Median: 67.93 vs SHSE:600100: 132.63

Tsinghua Tongfang Co's Days Payable increased from Mar. 2023 (191.31) to Mar. 2024 (300.78). It may suggest that Tsinghua Tongfang Co delayed paying its suppliers.

Tsinghua Tongfang Co Days Payable Historical Data

The historical data trend for Tsinghua Tongfang 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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Tsinghua Tongfang Co Days Payable Chart

Tsinghua Tongfang Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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164.51

150.05

124.37

148.25

120.04

Tsinghua Tongfang Co Quarterly Data
	Jun19	Sep19	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															191.31	147.45	123.33	89.18	300.78

Competitive Comparison of Tsinghua Tongfang Co's Days Payable

For the Computer Hardware subindustry, Tsinghua Tongfang 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.

Tsinghua Tongfang Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tsinghua Tongfang Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tsinghua Tongfang Co's Days Payable falls into.

Tsinghua Tongfang 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.

Tsinghua Tongfang 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
=	( (7903.352	+	7694.002)	/	2 )	/	23712.748	*	365
=	7798.677					/	23712.748	*	365
=	120.04

Tsinghua Tongfang 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
=	( (7694.002	+	7658.119)	/	2 )	/	2328.762	*	365 / 4
=	7676.0605					/	2328.762	*	365 / 4
=	300.78

Tsinghua Tongfang Co Days Payable Related Terms

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Tsinghua Tongfang Co (SHSE:600100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tsinghua Tongfang Co Ltd (SHSE:600100) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

No. 1 Wangzhuang Road, 30th Floor, Tower A, Tsinghua Tongfang Technology Building, Haidian District, Beijing, CHN, 100083

Website

http://www.thtf.com.cn

Tsinghua Tongfang Co Ltd is a China-based company primarily engaged in the business of manufacturing personal computers. It develops computers, internet applications, microelectronics, radio frequency technology, multimedia, semiconductors, lighting, digital TVs and environmental technology products. The company also provides intelligence and information services for many buildings, subway lines, and high-speed rail passenger stations. The company is involved in the public safety industry, industrial manufacturing industry, lighting industry, science, and technology park and other businesses.

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