Shanghai Yahong Moulding Co (SHSE:603159) Days Payable : 105.32 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Shanghai Yahong Moulding Co Days Payable?

Shanghai Yahong Moulding Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥105.0 Mil. Shanghai Yahong Moulding Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥91.0 Mil. Hence, Shanghai Yahong Moulding Co's Days Payable for the three months ended in Mar. 2024 was 105.32.

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

SHSE:603159' s Days Payable Range Over the Past 10 Years
Min: 64.88 Med: 77.59 Max: 92.62
Current: 86.25

During the past 13 years, Shanghai Yahong Moulding Co's highest Days Payable was 92.62. The lowest was 64.88. And the median was 77.59.

SHSE:603159's Days Payable is ranked better than
55.99% of 2931 companies
in the Industrial Products industry
Industry Median: 76.42 vs SHSE:603159: 86.25

Shanghai Yahong Moulding Co's Days Payable declined from Mar. 2023 (130.12) to Mar. 2024 (105.32). It may suggest that Shanghai Yahong Moulding Co accelerated paying its suppliers.

Shanghai Yahong Moulding Co Days Payable Historical Data

The historical data trend for Shanghai Yahong Moulding 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.

Shanghai Yahong Moulding Co Days Payable Chart

Shanghai Yahong Moulding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

70.22

86.04

83.71

89.45

92.62

Shanghai Yahong Moulding Co Quarterly Data
	Jun19	Sep19	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															130.12	74.62	94.15	85.27	105.32

Competitive Comparison of Shanghai Yahong Moulding Co's Days Payable

For the Metal Fabrication subindustry, Shanghai Yahong Moulding 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 Yahong Moulding Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Yahong Moulding Co's Days Payable distribution charts can be found below:

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

Shanghai Yahong Moulding 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 Yahong Moulding 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
=	( (106.497	+	121.696)	/	2 )	/	449.622	*	365
=	114.0965					/	449.622	*	365
=	92.62

Shanghai Yahong Moulding 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
=	( (121.696	+	88.343)	/	2 )	/	90.992	*	365 / 4
=	105.0195					/	90.992	*	365 / 4
=	105.32

Shanghai Yahong Moulding Co Days Payable Related Terms

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

Shanghai Yahong Moulding Co (SHSE:603159) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Yahong Moulding Co Ltd (SHSE:603159) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 732, Huhang Road, Fengxian District, Shanghai, CHN, 201401

Website

http://www.yahong-mould.com

Shanghai Yahong Moulding Co Ltd is engaged in the research and development, design, production and sales of precision plastic mold and injection product. Its plastic molds and injection molded parts are used in domestic high-end car dashboards and microwaves. Its customers are first-tier suppliers and household appliances manufacturers of world-renowned automobile manufacturers.

Executives

Xu Zhi Gang	Directors, senior managers
Xie Yue	Director
Xie Ya Ming	Director
Li Jian Min	Director
Yang Jian Wei	senior management
Yan Li Ying	Director
Liu Kang	Supervisors
Xu Wei	Supervisors
Wang Zhong Ming	Directors, senior managers

Shanghai Yahong Moulding Co (SHSE:603159) Headlines

No Headlines