Daheng New Epoch Technology (SHSE:600288) Days Payable : 128.87 (As of Mar. 2025)

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What is Daheng New Epoch Technology Days Payable?

Daheng New Epoch Technology's average Accounts Payable for the three months ended in Mar. 2025 was ¥344 Mil. Daheng New Epoch Technology's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥244 Mil. Hence, Daheng New Epoch Technology's Days Payable for the three months ended in Mar. 2025 was 128.87.

The historical rank and industry rank for Daheng New Epoch Technology's Days Payable or its related term are showing as below:

SHSE:600288' s Days Payable Range Over the Past 10 Years
Min: 59.03 Med: 80.5 Max: 115.17
Current: 100.36

During the past 13 years, Daheng New Epoch Technology's highest Days Payable was 115.17. The lowest was 59.03. And the median was 80.50.

SHSE:600288's Days Payable is ranked better than
62.46% of 2946 companies
in the Industrial Products industry
Industry Median: 76.25 vs SHSE:600288: 100.36

Daheng New Epoch Technology's Days Payable declined from Mar. 2024 (178.45) to Mar. 2025 (128.87). It may suggest that Daheng New Epoch Technology accelerated paying its suppliers.

Daheng New Epoch Technology Days Payable Historical Data

The historical data trend for Daheng New Epoch Technology'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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Daheng New Epoch Technology Days Payable Chart

Daheng New Epoch Technology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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115.17

102.43

105.20

95.70

112.81

Daheng New Epoch Technology Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															178.45	98.82	126.53	66.75	128.87

Competitive Comparison of Daheng New Epoch Technology's Days Payable

For the Electrical Equipment & Parts subindustry, Daheng New Epoch Technology'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.

Daheng New Epoch Technology's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Daheng New Epoch Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Daheng New Epoch Technology's Days Payable falls into.

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Daheng New Epoch Technology 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.

Daheng New Epoch Technology's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (388.908	+	328.453)	/	2 )	/	1160.499	*	365
=	358.6805					/	1160.499	*	365
=	112.81

Daheng New Epoch Technology's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (328.453	+	359.551)	/	2 )	/	243.572	*	365 / 4
=	344.002					/	243.572	*	365 / 4
=	128.87

Daheng New Epoch Technology Days Payable Related Terms

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Daheng New Epoch Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Daheng New Epoch Technology Inc (SHSE:600288) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 3 Su Zhou Street, Da Heng Technology Tower, 15th Floor, Haidian District, Beijing, Beijing, CHN, 100080

Website

http://www.dhxjy.com.cn

Daheng New Epoch Technology Inc is a Chinese company engaged in electrical and optical-electro-mechanical products. It is engaged in manufacture and sale of optical and mechanical integration products, information technology and office automation products, digital TV network editing and playback systems, and semiconductor components. Geographically the business activities are functioned through the region of China.

Executives

He Jian Guo	Director
Lu Yong Zhi	Director
Huang Yu Feng	Director
Wang Xue Ming	Director
Song Chang	Director

Daheng New Epoch Technology Headlines

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