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Jiangsu Etern Co (SHSE:600105) Days Payable : 175.65 (As of Mar. 2024)


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What is Jiangsu Etern Co Days Payable?

Jiangsu Etern Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,299 Mil. Jiangsu Etern Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥675 Mil. Hence, Jiangsu Etern Co's Days Payable for the three months ended in Mar. 2024 was 175.65.

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

SHSE:600105' s Days Payable Range Over the Past 10 Years
Min: 83.4   Med: 98.69   Max: 144.86
Current: 144.86

During the past 13 years, Jiangsu Etern Co's highest Days Payable was 144.86. The lowest was 83.40. And the median was 98.69.

SHSE:600105's Days Payable is ranked better than
83.89% of 2421 companies
in the Hardware industry
Industry Median: 67.83 vs SHSE:600105: 144.86

Jiangsu Etern Co's Days Payable increased from Mar. 2023 (146.08) to Mar. 2024 (175.65). It may suggest that Jiangsu Etern Co delayed paying its suppliers.


Jiangsu Etern Co Days Payable Historical Data

The historical data trend for Jiangsu Etern 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.

Jiangsu Etern Co Days Payable Chart

Jiangsu Etern 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 93.16 103.06 113.48 119.00 126.07

Jiangsu Etern 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 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 146.08 152.17 159.52 114.90 175.65

Competitive Comparison of Jiangsu Etern Co's Days Payable

For the Communication Equipment subindustry, Jiangsu Etern 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.


Jiangsu Etern Co's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Jiangsu Etern Co's Days Payable falls into.



Jiangsu Etern 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.

Jiangsu Etern 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
=( (1236.547 + 1245.026) / 2 ) / 3592.334*365
=1240.7865 / 3592.334*365
=126.07

Jiangsu Etern 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
=( (1245.026 + 1353.008) / 2 ) / 674.819*365 / 4
=1299.017 / 674.819*365 / 4
=175.65

* 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.


Jiangsu Etern Co Days Payable Related Terms

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Jiangsu Etern Co (SHSE:600105) Business Description

Traded in Other Exchanges
N/A
Address
Fenhu Economic Development Zone, Luxu Town, Wujiang, Jiangsu, CHN, 215211
Jiangsu Etern Co Ltd is a China-based company operating in the communication industry. It is engaged in providing optical fiber optic cable, wires, and cables, special optical cable, optical devices, communication devices and equipment, communication large data and engineering services, system integration solutions in the communications industry chain.

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