Jinko Power Technology Co (SHSE:601778) Days Payable : 295.26 (As of Sep. 2024)

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What is Jinko Power Technology Co Days Payable?

Jinko Power Technology Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥4,256 Mil. Jinko Power Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥1,315 Mil. Hence, Jinko Power Technology Co's Days Payable for the three months ended in Sep. 2024 was 295.26.

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

SHSE:601778' s Days Payable Range Over the Past 10 Years
Min: 526.16 Med: 793.38 Max: 1628.58
Current: 600.3

During the past 9 years, Jinko Power Technology Co's highest Days Payable was 1628.58. The lowest was 526.16. And the median was 793.38.

SHSE:601778's Days Payable is ranked better than
90.84% of 382 companies
in the Utilities - Independent Power Producers industry
Industry Median: 82.855 vs SHSE:601778: 600.30

Jinko Power Technology Co's Days Payable declined from Sep. 2023 (445.81) to Sep. 2024 (295.26). It may suggest that Jinko Power Technology Co accelerated paying its suppliers.

Jinko Power Technology Co Days Payable Historical Data

The historical data trend for Jinko Power 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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Jinko Power Technology Co Days Payable Chart

Jinko Power Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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682.82

901.20

583.11

907.00

725.28

Jinko Power 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															445.81	855.09	960.04	764.01	295.26

Competitive Comparison of Jinko Power Technology Co's Days Payable

For the Utilities - Renewable subindustry, Jinko Power 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.

Jinko Power Technology Co's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Jinko Power Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jinko Power Technology Co's Days Payable falls into.

Jinko Power 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.

Jinko Power 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
=	( (5383.734	+	4972.125)	/	2 )	/	2605.83	*	365
=	5177.9295					/	2605.83	*	365
=	725.28

Jinko Power 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
=	( (4354.378	+	4156.81)	/	2 )	/	1315.171	*	365 / 4
=	4255.594					/	1315.171	*	365 / 4
=	295.26

Jinko Power Technology Co Days Payable Related Terms

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Jinko Power Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Jinko Power Technology Co Ltd (SHSE:601778) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

106 Xing'an Avenue, 2nd Floor, Management Committee, Hengfeng County Economic Development Zone, Jiangxi Province, Shangrao, CHN, 334300

Website

http://cn.jinkopower.com

Jinko Power Technology Co Ltd is a clean energy company specializing in the development, construction, operation and financing of solar power plants. The company designs, consults, integrates, manufactures, engineers, installs, and commissions solar photovoltaic power generation and its application system engineering; power generation system electronic products, solar building decoration materials, and solar lighting equipment service.

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