Hubei Donper Electromechanical Group Co (SHSE:601956) Days Payable : 191.89 (As of Mar. 2024)

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What is Hubei Donper Electromechanical Group Co Days Payable?

Hubei Donper Electromechanical Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥2,686 Mil. Hubei Donper Electromechanical Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,277 Mil. Hence, Hubei Donper Electromechanical Group Co's Days Payable for the three months ended in Mar. 2024 was 191.89.

The historical rank and industry rank for Hubei Donper Electromechanical Group Co's Days Payable or its related term are showing as below:

SHSE:601956' s Days Payable Range Over the Past 10 Years
Min: 177.39 Med: 186.77 Max: 216.94
Current: 177.39

During the past 7 years, Hubei Donper Electromechanical Group Co's highest Days Payable was 216.94. The lowest was 177.39. And the median was 186.77.

SHSE:601956's Days Payable is ranked better than
83% of 2929 companies
in the Industrial Products industry
Industry Median: 76.43 vs SHSE:601956: 177.39

Hubei Donper Electromechanical Group Co's Days Payable increased from Mar. 2023 (188.46) to Mar. 2024 (191.89). It may suggest that Hubei Donper Electromechanical Group Co delayed paying its suppliers.

Hubei Donper Electromechanical Group Co Days Payable Historical Data

The historical data trend for Hubei Donper Electromechanical Group 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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Hubei Donper Electromechanical Group Co Days Payable Chart

Hubei Donper Electromechanical Group Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

184.63

191.84

186.77

216.94

182.63

Hubei Donper Electromechanical Group Co Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															188.46	155.71	185.82	186.10	191.89

Competitive Comparison of Hubei Donper Electromechanical Group Co's Days Payable

For the Specialty Industrial Machinery subindustry, Hubei Donper Electromechanical Group 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.

Hubei Donper Electromechanical Group Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hubei Donper Electromechanical Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hubei Donper Electromechanical Group Co's Days Payable falls into.

Hubei Donper Electromechanical Group 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.

Hubei Donper Electromechanical Group 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
=	( (2372.867	+	2704.047)	/	2 )	/	5073.379	*	365
=	2538.457					/	5073.379	*	365
=	182.63

Hubei Donper Electromechanical Group Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (2704.047	+	2667.709)	/	2 )	/	1277.195	*	365 / 4
=	2685.878					/	1277.195	*	365 / 4
=	191.89

Hubei Donper Electromechanical Group Co Days Payable Related Terms

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Hubei Donper Electromechanical Group Co (SHSE:601956) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hubei Donper Electromechanical Group Co Ltd (SHSE:601956) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6, Jinshan Avenue East, Huangshi Economic and Technological Development Zone, Hubei Province, Tieshan District, Huangshi, CHN, 435000

Website

http://www.donper.com

Hubei Donper Electromechanical Group Co Ltd is engaged in the research, development, and production of refrigeration compressors and commercial refrigeration appliances.

Executives

Jiang Min	Director
Liao Han Gang	Director
Fang Ze Yun	Director
Fu Xue Dong	senior management

Hubei Donper Electromechanical Group Co (SHSE:601956) Headlines

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