Datang Telecom Technology Co (SHSE:600198) Days Payable : 1,295.22 (As of Mar. 2024)

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What is Datang Telecom Technology Co Days Payable?

Datang Telecom Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥591 Mil. Datang Telecom Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥42 Mil. Hence, Datang Telecom Technology Co's Days Payable for the three months ended in Mar. 2024 was 1,295.22.

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

SHSE:600198' s Days Payable Range Over the Past 10 Years
Min: 99.14 Med: 293.34 Max: 548.15
Current: 447.71

During the past 13 years, Datang Telecom Technology Co's highest Days Payable was 548.15. The lowest was 99.14. And the median was 293.34.

SHSE:600198's Days Payable is ranked better than
97.73% of 2421 companies
in the Hardware industry
Industry Median: 67.87 vs SHSE:600198: 447.71

Datang Telecom Technology Co's Days Payable increased from Mar. 2023 (1,072.73) to Mar. 2024 (1,295.22). It may suggest that Datang Telecom Technology Co delayed paying its suppliers.

Datang Telecom Technology Co Days Payable Historical Data

The historical data trend for Datang Telecom 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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Datang Telecom Technology Co Days Payable Chart

Datang Telecom Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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348.34

354.00

451.60

548.15

420.22

Datang Telecom Technology 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															1,072.73	351.76	716.29	271.21	1,295.22

Competitive Comparison of Datang Telecom Technology Co's Days Payable

For the Communication Equipment subindustry, Datang Telecom 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.

Datang Telecom Technology Co's Days Payable Distribution in the Hardware Industry

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

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

Datang Telecom 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.

Datang Telecom 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
=	( (697.336	+	589.941)	/	2 )	/	559.055	*	365
=	643.6385					/	559.055	*	365
=	420.22

Datang Telecom Technology 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
=	( (589.941	+	591.978)	/	2 )	/	41.634	*	365 / 4
=	590.9595					/	41.634	*	365 / 4
=	1,295.22

Datang Telecom Technology Co Days Payable Related Terms

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Datang Telecom Technology Co (SHSE:600198) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Datang Telecom Technology Co Ltd (SHSE:600198) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 6 Yongjia North Road, Haidian District, Beijing, CHN, 100094

Website

http://www.datang.com

Datang Telecom Technology Co Ltd is a China-based company engaged in the communication equipment manufacturing industry. It is involved in the manufacturing of electronic and communication equipment, mobile phone, instrument and cultural and official goods, production and sales of security and protection products and design construction of security and protection work. It also provides system integration and network engineering services. The company operates its businesses primarily in domestic market.

Executives

Xu Hong Zhi	Director
Pan Hai Shen	Director
Jing Jun Xi	Supervisors
Zhu Ya Nong	Director
Zhao Jie	senior management
Zhou Huan	Director
Yang Yi Gang	Director

Datang Telecom Technology Co (SHSE:600198) Headlines

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