Shenzhen Gongjin Electronics Co (SHSE:603118) Days Payable : 95.89 (As of Mar. 2025)

View and export this data going back to 2015. Start your Free Trial

What is Shenzhen Gongjin Electronics Co Days Payable?

Shenzhen Gongjin Electronics Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥1,926 Mil. Shenzhen Gongjin Electronics Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥1,833 Mil. Hence, Shenzhen Gongjin Electronics Co's Days Payable for the three months ended in Mar. 2025 was 95.89.

The historical rank and industry rank for Shenzhen Gongjin Electronics Co's Days Payable or its related term are showing as below:

SHSE:603118' s Days Payable Range Over the Past 10 Years
Min: 88.51 Med: 108.85 Max: 167.36
Current: 167.36

During the past 13 years, Shenzhen Gongjin Electronics Co's highest Days Payable was 167.36. The lowest was 88.51. And the median was 108.85.

SHSE:603118's Days Payable is ranked better than
86.42% of 2401 companies
in the Hardware industry
Industry Median: 68.88 vs SHSE:603118: 167.36

Shenzhen Gongjin Electronics Co's Days Payable declined from Mar. 2024 (160.11) to Mar. 2025 (95.89). It may suggest that Shenzhen Gongjin Electronics Co accelerated paying its suppliers.

Shenzhen Gongjin Electronics Co Days Payable Historical Data

The historical data trend for Shenzhen Gongjin Electronics 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.

* Premium members only.

Shenzhen Gongjin Electronics Co Days Payable Chart

Shenzhen Gongjin Electronics Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

115.34

105.69

115.15

155.70

124.87

Shenzhen Gongjin Electronics 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															160.11	139.48	160.07	123.06	95.89

Competitive Comparison of Shenzhen Gongjin Electronics Co's Days Payable

For the Communication Equipment subindustry, Shenzhen Gongjin Electronics 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.

Shenzhen Gongjin Electronics Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Gongjin Electronics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen Gongjin Electronics Co's Days Payable falls into.

Save Embed

;

Save Embed

;

Shenzhen Gongjin Electronics 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.

Shenzhen Gongjin Electronics 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
=	( (3111.464	+	1957.928)	/	2 )	/	7408.922	*	365
=	2534.696					/	7408.922	*	365
=	124.87

Shenzhen Gongjin Electronics 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
=	( (1957.928	+	1894.73)	/	2 )	/	1833.165	*	365 / 4
=	1926.329					/	1833.165	*	365 / 4
=	95.89

Shenzhen Gongjin Electronics Co Days Payable Related Terms

Thank you for viewing the detailed overview of Shenzhen Gongjin Electronics Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Shenzhen Gongjin Electronics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Gongjin Electronics Co Ltd (SHSE:603118) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nanshan Medical Device Industrial Park, No. 1019 Nanhai Avenue, Floor No. 2, 3, 4 and 5, Nanshan District, Guangdong, Shenzhen, CHN, 518052

Website

http://www.twsz.com

Shenzhen Gongjin Electronics Co Ltd through its subsidiaries is engaged in manufacturing of broadband communication terminal products. It is specialized in the communication terminals, communication networks, and smart medical services. It also researches and develops, produces, sale and provides services of broadband access terminals, wireless communication devices and optical communication products. Its products include Cable broadband, LTE dual carrier, optical, wireless terminal.

Executives

He Wei Di	Supervisors
Tang Fu Nan	Director
Wang Da Wei	Director
He Yi Meng	Director
Hu Zu Min	Director
Wei Yi Ming	senior management
Gong Pu Sheng	senior management
Qi Jian Zhong	Supervisors
Tang Xiao Lin	senior management
Long Xiao Jing	Director
Wang Zhi Bo	Director
Yin Ze Wang	Supervisors

Shenzhen Gongjin Electronics Co Headlines

No Headlines