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Shanghai Lianming Machinery Co (SHSE:603006) Days Payable : 187.06 (As of Mar. 2025)


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What is Shanghai Lianming Machinery Co Days Payable?

Shanghai Lianming Machinery Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥284.6 Mil. Shanghai Lianming Machinery Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥138.8 Mil. Hence, Shanghai Lianming Machinery Co's Days Payable for the three months ended in Mar. 2025 was 187.06.

The historical rank and industry rank for Shanghai Lianming Machinery Co's Days Payable or its related term are showing as below:

SHSE:603006' s Days Payable Range Over the Past 10 Years
Min: 59.78   Med: 117.73   Max: 203.11
Current: 193.07

During the past 13 years, Shanghai Lianming Machinery Co's highest Days Payable was 203.11. The lowest was 59.78. And the median was 117.73.

SHSE:603006's Days Payable is ranked better than
91.54% of 1288 companies
in the Vehicles & Parts industry
Industry Median: 65.37 vs SHSE:603006: 193.07

Shanghai Lianming Machinery Co's Days Payable declined from Mar. 2024 (239.26) to Mar. 2025 (187.06). It may suggest that Shanghai Lianming Machinery Co accelerated paying its suppliers.


Shanghai Lianming Machinery Co Days Payable Historical Data

The historical data trend for Shanghai Lianming Machinery 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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Shanghai Lianming Machinery Co Days Payable Chart

Shanghai Lianming Machinery 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 127.56 153.82 160.45 164.53 203.11

Shanghai Lianming Machinery 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 239.26 212.19 241.45 151.01 187.06

Competitive Comparison of Shanghai Lianming Machinery Co's Days Payable

For the Auto Parts subindustry, Shanghai Lianming Machinery 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.


Shanghai Lianming Machinery Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Lianming Machinery Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Lianming Machinery Co's Days Payable falls into.


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Shanghai Lianming Machinery 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.

Shanghai Lianming Machinery 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
=( (361.822 + 291.635) / 2 ) / 587.163*365
=326.7285 / 587.163*365
=203.11

Shanghai Lianming Machinery 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
=( (291.635 + 277.504) / 2 ) / 138.814*365 / 4
=284.5695 / 138.814*365 / 4
=187.06

* 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.


Shanghai Lianming Machinery Co Days Payable Related Terms

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Shanghai Lianming Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No. 905, Chuansha Road, Pudong New Area, Shanghai, CHN, 201209
Shanghai Lianming Machinery Co Ltd is a manufacturer of automotive components. The company's products includes car body parts, such as stamping and welding assembly products for automotive OEMs.
Executives
Li Zheng Tao Director
Lin Xiao Feng Director
Zhao Tao Director
Zhang Cheng Mao senior management
Lin Xue Nong Director
Tang Lin Director
Zhong Ding Hui senior management

Shanghai Lianming Machinery Co Headlines

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