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HIIG Trinity (Anhui) Technology Co (SHSE:600520) Days Payable : 194.89 (As of Mar. 2025)


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What is HIIG Trinity (Anhui) Technology Co Days Payable?

HIIG Trinity (Anhui) Technology Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥118.7 Mil. HIIG Trinity (Anhui) Technology Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥55.6 Mil. Hence, HIIG Trinity (Anhui) Technology Co's Days Payable for the three months ended in Mar. 2025 was 194.89.

The historical rank and industry rank for HIIG Trinity (Anhui) Technology Co's Days Payable or its related term are showing as below:

SHSE:600520' s Days Payable Range Over the Past 10 Years
Min: 177.54   Med: 362.93   Max: 699.81
Current: 177.54

During the past 13 years, HIIG Trinity (Anhui) Technology Co's highest Days Payable was 699.81. The lowest was 177.54. And the median was 362.93.

SHSE:600520's Days Payable is ranked better than
83.66% of 2943 companies
in the Industrial Products industry
Industry Median: 76.19 vs SHSE:600520: 177.54

HIIG Trinity (Anhui) Technology Co's Days Payable increased from Mar. 2024 (180.93) to Mar. 2025 (194.89). It may suggest that HIIG Trinity (Anhui) Technology Co delayed paying its suppliers.


HIIG Trinity (Anhui) Technology Co Days Payable Historical Data

The historical data trend for HIIG Trinity (Anhui) 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.

* Premium members only.

HIIG Trinity (Anhui) Technology Co Days Payable Chart

HIIG Trinity (Anhui) Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 564.81 335.53 323.71 316.85 178.34

HIIG Trinity (Anhui) Technology Co 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 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 180.93 171.04 167.27 168.20 194.89

Competitive Comparison of HIIG Trinity (Anhui) Technology Co's Days Payable

For the Specialty Industrial Machinery subindustry, HIIG Trinity (Anhui) 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.


HIIG Trinity (Anhui) Technology Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, HIIG Trinity (Anhui) Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where HIIG Trinity (Anhui) Technology Co's Days Payable falls into.


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HIIG Trinity (Anhui) 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.

HIIG Trinity (Anhui) Technology Co'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
=( (118.193 + 115.758) / 2 ) / 239.409*365
=116.9755 / 239.409*365
=178.34

HIIG Trinity (Anhui) Technology Co'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
=( (115.758 + 121.661) / 2 ) / 55.58*365 / 4
=118.7095 / 55.58*365 / 4
=194.89

* 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.


HIIG Trinity (Anhui) Technology Co Days Payable Related Terms

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HIIG Trinity (Anhui) Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Shicheng Road, Electronic Industrial Zone, Anhui Province, Tongling, CHN, 244000
HIIG Trinity (Anhui) Technology Co Ltd is engaged in design, development, manufacture and sale of extrusion dies and equipment, sale of semiconductor packaging and testing equipment, dies and precision spare parts, production and sale of SMD LED brackets and dispensing equipment. Production and sale of doors and windows. YC series robots are used in projects for automated production lines in the stamping industry to replace manual labor and reduce labor intensity.

HIIG Trinity (Anhui) Technology Co Headlines

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