ShiJiaZhuang Kelin Electric Co (SHSE:603050) Days Payable : 194.35 (As of Jun. 2024)

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What is ShiJiaZhuang Kelin Electric Co Days Payable?

ShiJiaZhuang Kelin Electric Co's average Accounts Payable for the three months ended in Jun. 2024 was ¥1,664 Mil. ShiJiaZhuang Kelin Electric Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥781 Mil. Hence, ShiJiaZhuang Kelin Electric Co's Days Payable for the three months ended in Jun. 2024 was 194.35.

The historical rank and industry rank for ShiJiaZhuang Kelin Electric Co's Days Payable or its related term are showing as below:

SHSE:603050' s Days Payable Range Over the Past 10 Years
Min: 167.1 Med: 216.36 Max: 249.11
Current: 167.1

During the past 12 years, ShiJiaZhuang Kelin Electric Co's highest Days Payable was 249.11. The lowest was 167.10. And the median was 216.36.

SHSE:603050's Days Payable is ranked better than
86.78% of 2421 companies
in the Hardware industry
Industry Median: 68.28 vs SHSE:603050: 167.10

ShiJiaZhuang Kelin Electric Co's Days Payable increased from Jun. 2023 (179.25) to Jun. 2024 (194.35). It may suggest that ShiJiaZhuang Kelin Electric Co delayed paying its suppliers.

ShiJiaZhuang Kelin Electric Co Days Payable Historical Data

The historical data trend for ShiJiaZhuang Kelin Electric 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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ShiJiaZhuang Kelin Electric Co Days Payable Chart

ShiJiaZhuang Kelin Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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237.35

234.95

249.11

235.09

191.27

ShiJiaZhuang Kelin Electric Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															179.25	147.87	117.49	274.41	194.35

Competitive Comparison of ShiJiaZhuang Kelin Electric Co's Days Payable

For the Electronic Components subindustry, ShiJiaZhuang Kelin Electric 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.

ShiJiaZhuang Kelin Electric Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ShiJiaZhuang Kelin Electric Co's Days Payable distribution charts can be found below:

* The bar in red indicates where ShiJiaZhuang Kelin Electric Co's Days Payable falls into.

ShiJiaZhuang Kelin Electric 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.

ShiJiaZhuang Kelin Electric 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
=	( (1354.289	+	1764.991)	/	2 )	/	2976.245	*	365
=	1559.64					/	2976.245	*	365
=	191.27

ShiJiaZhuang Kelin Electric Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (1678.935	+	1649.764)	/	2 )	/	781.447	*	365 / 4
=	1664.3495					/	781.447	*	365 / 4
=	194.35

ShiJiaZhuang Kelin Electric Co Days Payable Related Terms

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ShiJiaZhuang Kelin Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ShiJiaZhuang Kelin Electric Co Ltd (SHSE:603050) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

South Section of Hongqi Street, Luquan District, Hebei Province, Shijiazhuang, CHN, 050222

Website

http://www.kldcop.com

ShiJiaZhuang Kelin Electric Co Ltd manufactures Intelligent Substation System, Distribution Network Automatic System, Comprehensive Automation and Microcomputer Protection System for Substation, Intelligent Dispatching Automation System, Energy Acquisition System, Smart Meter and Distribution Meter, It also produces Photovoltaic Inverter, HV-LV Prepaid System, HV-LV Breaker and Switchgear, HV Combined Transformer, and Prefabricated Substation.

Executives

Zhang Cheng Suo	Director
Qiu Shi Yong	Supervisors
Wang Yong	senior management
Qu Guo Wang	Director
Dong Cai Hong	Director
Li Yan Ru	Director
Song Jian Ling	senior management
Ren Yue Ji	senior management
Jia Li Xia	Supervisors

ShiJiaZhuang Kelin Electric Co Headlines

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