Fuda Alloy Materials Co (SHSE:603045) Days Payable : 16.73 (As of Dec. 2024)

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What is Fuda Alloy Materials Co Days Payable?

Fuda Alloy Materials Co's average Accounts Payable for the three months ended in Dec. 2024 was ¥197 Mil. Fuda Alloy Materials Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ¥1,074 Mil. Hence, Fuda Alloy Materials Co's Days Payable for the three months ended in Dec. 2024 was 16.73.

The historical rank and industry rank for Fuda Alloy Materials Co's Days Payable or its related term are showing as below:

SHSE:603045' s Days Payable Range Over the Past 10 Years
Min: 8.91 Med: 21.11 Max: 32.92
Current: 18.7

During the past 12 years, Fuda Alloy Materials Co's highest Days Payable was 32.92. The lowest was 8.91. And the median was 21.11.

SHSE:603045's Days Payable is ranked worse than
95.18% of 2946 companies
in the Industrial Products industry
Industry Median: 76.25 vs SHSE:603045: 18.70

Fuda Alloy Materials Co's Days Payable increased from Dec. 2023 (10.32) to Dec. 2024 (16.73). It may suggest that Fuda Alloy Materials Co delayed paying its suppliers.

Fuda Alloy Materials Co Days Payable Historical Data

The historical data trend for Fuda Alloy Materials 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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Fuda Alloy Materials Co Days Payable Chart

Fuda Alloy Materials Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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22.94

21.92

13.14

8.91

12.00

Fuda Alloy Materials Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															10.32	12.87	21.00	28.73	16.73

Competitive Comparison of Fuda Alloy Materials Co's Days Payable

For the Electrical Equipment & Parts subindustry, Fuda Alloy Materials 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.

Fuda Alloy Materials Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fuda Alloy Materials Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Fuda Alloy Materials Co's Days Payable falls into.

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Fuda Alloy Materials 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.

Fuda Alloy Materials 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
=	( (84.393	+	147.271)	/	2 )	/	3522.716	*	365
=	115.832					/	3522.716	*	365
=	12.00

Fuda Alloy Materials Co's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (246.685	+	147.271)	/	2 )	/	1074.341	*	365 / 4
=	196.978					/	1074.341	*	365 / 4
=	16.73

Fuda Alloy Materials Co Days Payable Related Terms

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Fuda Alloy Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fuda Alloy Materials Co Ltd (SHSE:603045) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 518 Binhai Road, Economic and Technological Development Zone, Zhejiang Province, Wenzhou, CHN, 325025

Website

http://www.china-fuda.com

Fuda Alloy Materials Co Ltd is engaged in the design, production and sale of contact materials for electrical appliances and electronics products. The company's products include contact rivets, stamped tips, powder metallurgy tips, contact buttons, contact components, silver alloy wires and brazing alloys. The company offer its products to electric companies , like Schneider, ABB, Siemens, Chint, Delixi , Tyco, Mitsubishi, and Xiamen Hongfa.

Executives

Lin Wan Huan	Director
Zhang Qi Min	Director
Bai Xiao Ping	Director
Ma Si Ping	Supervisors
Chen Song Yang	Director
Wang Da Wu	Director

Fuda Alloy Materials Co Headlines

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