Baoding Tianwei Baobian Electric Co (SHSE:600550) Days Payable : 180.86 (As of Sep. 2024)

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What is Baoding Tianwei Baobian Electric Co Days Payable?

Baoding Tianwei Baobian Electric Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥2,194 Mil. Baoding Tianwei Baobian Electric Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥1,107 Mil. Hence, Baoding Tianwei Baobian Electric Co's Days Payable for the three months ended in Sep. 2024 was 180.86.

The historical rank and industry rank for Baoding Tianwei Baobian Electric Co's Days Payable or its related term are showing as below:

SHSE:600550' s Days Payable Range Over the Past 10 Years
Min: 142.75 Med: 206.57 Max: 275.39
Current: 180.05

During the past 13 years, Baoding Tianwei Baobian Electric Co's highest Days Payable was 275.39. The lowest was 142.75. And the median was 206.57.

SHSE:600550's Days Payable is ranked better than
83.48% of 2929 companies
in the Industrial Products industry
Industry Median: 75.78 vs SHSE:600550: 180.05

Baoding Tianwei Baobian Electric Co's Days Payable declined from Sep. 2023 (268.74) to Sep. 2024 (180.86). It may suggest that Baoding Tianwei Baobian Electric Co accelerated paying its suppliers.

Baoding Tianwei Baobian Electric Co Days Payable Historical Data

The historical data trend for Baoding Tianwei Baobian Electric 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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Baoding Tianwei Baobian Electric Co Days Payable Chart

Baoding Tianwei Baobian Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

237.91

198.16

209.54

255.71

229.04

Baoding Tianwei Baobian Electric 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															268.74	128.00	300.71	173.33	180.86

Competitive Comparison of Baoding Tianwei Baobian Electric Co's Days Payable

For the Specialty Industrial Machinery subindustry, Baoding Tianwei Baobian Electric 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.

Baoding Tianwei Baobian Electric Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Baoding Tianwei Baobian Electric Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Baoding Tianwei Baobian Electric Co's Days Payable falls into.

Baoding Tianwei Baobian Electric 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.

Baoding Tianwei Baobian Electric 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
=	( (1858.914	+	1887.797)	/	2 )	/	2985.428	*	365
=	1873.3555					/	2985.428	*	365
=	229.04

Baoding Tianwei Baobian Electric 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
=	( (2104.214	+	2284.211)	/	2 )	/	1107.053	*	365 / 4
=	2194.2125					/	1107.053	*	365 / 4
=	180.86

Baoding Tianwei Baobian Electric Co Days Payable Related Terms

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Baoding Tianwei Baobian Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Baoding Tianwei Baobian Electric Co Ltd (SHSE:600550) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2222 Tianwei West Road, Hebei Province, Baoding, CHN, 071056

Website

http://www.btwelectric.com

Baoding Tianwei Baobian Electric Co Ltd manufactures power transformers and modernized high technology power equipment. Its products include transformers, CT, and reactors applied on power generation, transmission and distribution systems, ranging from 10kV to 1200kV, with maximum product capacity 1500MVA. Its 1000MVA,1000kV single phase autotransformer.

Executives

Li Zhong

senior management

Baoding Tianwei Baobian Electric Co Headlines

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