Hunan Copote Science & Technology Co (SHSE:600476) Days Payable : 387.87 (As of Sep. 2024)

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What is Hunan Copote Science & Technology Co Days Payable?

Hunan Copote Science & Technology Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥308.0 Mil. Hunan Copote Science & Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥72.5 Mil. Hence, Hunan Copote Science & Technology Co's Days Payable for the three months ended in Sep. 2024 was 387.87.

The historical rank and industry rank for Hunan Copote Science & Technology Co's Days Payable or its related term are showing as below:

SHSE:600476' s Days Payable Range Over the Past 10 Years
Min: 62.76 Med: 98.18 Max: 238.69
Current: 238.69

During the past 13 years, Hunan Copote Science & Technology Co's highest Days Payable was 238.69. The lowest was 62.76. And the median was 98.18.

SHSE:600476's Days Payable is ranked better than
85.55% of 2553 companies
in the Software industry
Industry Median: 51.71 vs SHSE:600476: 238.69

Hunan Copote Science & Technology Co's Days Payable increased from Sep. 2023 (144.54) to Sep. 2024 (387.87). It may suggest that Hunan Copote Science & Technology Co delayed paying its suppliers.

Hunan Copote Science & Technology Co Days Payable Historical Data

The historical data trend for Hunan Copote Science & 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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Hunan Copote Science & Technology Co Days Payable Chart

Hunan Copote Science & Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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78.91

62.76

119.11

126.13

199.59

Hunan Copote Science & Technology Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															144.54	125.11	454.34	232.68	387.87

Competitive Comparison of Hunan Copote Science & Technology Co's Days Payable

For the Software - Application subindustry, Hunan Copote Science & 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.

Hunan Copote Science & Technology Co's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Hunan Copote Science & Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hunan Copote Science & Technology Co's Days Payable falls into.

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Hunan Copote Science & 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.

Hunan Copote Science & 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
=	( (171.53	+	341.506)	/	2 )	/	469.099	*	365
=	256.518					/	469.099	*	365
=	199.59

Hunan Copote Science & Technology Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (276.798	+	339.186)	/	2 )	/	72.458	*	365 / 4
=	307.992					/	72.458	*	365 / 4
=	387.87

Hunan Copote Science & Technology Co Days Payable Related Terms

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Hunan Copote Science & Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hunan Copote Science & Technology Co Ltd (SHSE:600476) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2 Yulan Road, Lugu Base, High-tech Industrial Development Zone, Hunan Province, Changsha, CHN, 410205

Website

http://www.copote.com

Hunan Copote Science & Technology Co Ltd is engaged in development, production, and sale of computer software, hardware, and post and telecommunication high-tech electronic products. It also designs, installs, and maintains computer network engineering, wireless communication engineering, electronic information system integration, and security technology protection systems.

Executives

Dong Zhi Hong

Director

Hunan Copote Science & Technology Co Headlines

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