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LONGi Green Energy Technology Co (SHSE:601012) Days Payable : 219.46 (As of Mar. 2025)


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What is LONGi Green Energy Technology Co Days Payable?

LONGi Green Energy Technology Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥34,208 Mil. LONGi Green Energy Technology Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥14,223 Mil. Hence, LONGi Green Energy Technology Co's Days Payable for the three months ended in Mar. 2025 was 219.46.

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

SHSE:601012' s Days Payable Range Over the Past 10 Years
Min: 92.45   Med: 144.07   Max: 186.61
Current: 177.34

During the past 13 years, LONGi Green Energy Technology Co's highest Days Payable was 186.61. The lowest was 92.45. And the median was 144.07.

SHSE:601012's Days Payable is ranked better than
88.73% of 985 companies
in the Semiconductors industry
Industry Median: 52.5 vs SHSE:601012: 177.34

LONGi Green Energy Technology Co's Days Payable declined from Mar. 2024 (230.98) to Mar. 2025 (219.46). It may suggest that LONGi Green Energy Technology Co accelerated paying its suppliers.


LONGi Green Energy Technology Co Days Payable Historical Data

The historical data trend for LONGi Green Energy 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.

LONGi Green Energy Technology Co Days Payable Chart

LONGi Green Energy 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 158.95 124.39 92.45 129.19 186.61

LONGi Green Energy 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 230.98 180.75 179.84 147.14 219.46

Competitive Comparison of LONGi Green Energy Technology Co's Days Payable

For the Semiconductor Equipment & Materials subindustry, LONGi Green Energy 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.


LONGi Green Energy Technology Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, LONGi Green Energy Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where LONGi Green Energy Technology Co's Days Payable falls into.


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LONGi Green Energy 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.

LONGi Green Energy 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
=( (41088.527 + 37072.953) / 2 ) / 76439.846*365
=39080.74 / 76439.846*365
=186.61

LONGi Green Energy 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
=( (37072.953 + 31342.657) / 2 ) / 14223.459*365 / 4
=34207.805 / 14223.459*365 / 4
=219.46

* 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.


LONGi Green Energy Technology Co Days Payable Related Terms

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LONGi Green Energy Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8369, Shangyuan Road, Economic and Technological Development Zone, Shaanxi Province, Xian, CHN, 710018
LONGi Green Energy Technology is one of the largest integrated solar company in the world. It produced 127.5 gigawatts of solar silicon wafers and 72.8 GW of solar modules in 2023. Solar silicon wafer and solar module contributed 19% and 77% of revenue in 2023, respectively. LONGi's production bases are mostly in China. LONGi's products are sold in more than 150 countries and regions.
Executives
Zhong Bao Shen Director
Tian Ye Director
Liu Xue Wen Director
Bai Zhong Xue Director
Liu Xiao Dong senior management
Li Zhen Guo Director
Qin Yong Bo Supervisors
Xu Da Peng Director
Zou Zong Hai Director
Li Chun An Director
Wang Xiao Zhe senior management
Huang Li Xin senior management
Dai Su Supervisors
Hu Zhong Xiang Director
Zhang Yi Tao senior management

LONGi Green Energy Technology Co Headlines

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