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Cybrid Technologies (SHSE:603212) Days Payable : 72.04 (As of Mar. 2024)


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What is Cybrid Technologies Days Payable?

Cybrid Technologies's average Accounts Payable for the three months ended in Mar. 2024 was ¥628 Mil. Cybrid Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥795 Mil. Hence, Cybrid Technologies's Days Payable for the three months ended in Mar. 2024 was 72.04.

The historical rank and industry rank for Cybrid Technologies's Days Payable or its related term are showing as below:

SHSE:603212' s Days Payable Range Over the Past 10 Years
Min: 65.16   Med: 120.42   Max: 149.76
Current: 66.96

During the past 10 years, Cybrid Technologies's highest Days Payable was 149.76. The lowest was 65.16. And the median was 120.42.

SHSE:603212's Days Payable is ranked better than
56.43% of 1501 companies
in the Chemicals industry
Industry Median: 60.44 vs SHSE:603212: 66.96

Cybrid Technologies's Days Payable increased from Mar. 2023 (62.25) to Mar. 2024 (72.04). It may suggest that Cybrid Technologies delayed paying its suppliers.


Cybrid Technologies Days Payable Historical Data

The historical data trend for Cybrid Technologies'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.

Cybrid Technologies Days Payable Chart

Cybrid Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 142.91 141.86 120.42 82.16 65.16

Cybrid Technologies 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 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 62.25 55.56 64.50 85.45 72.04

Competitive Comparison of Cybrid Technologies's Days Payable

For the Specialty Chemicals subindustry, Cybrid Technologies'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.


Cybrid Technologies's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cybrid Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Cybrid Technologies's Days Payable falls into.



Cybrid Technologies 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.

Cybrid Technologies'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
=( (697.746 + 629.744) / 2 ) / 3718.279*365
=663.745 / 3718.279*365
=65.16

Cybrid Technologies'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
=( (629.744 + 626.006) / 2 ) / 795.269*365 / 4
=627.875 / 795.269*365 / 4
=72.04

* 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.


Cybrid Technologies Days Payable Related Terms

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Cybrid Technologies (SHSE:603212) Business Description

Traded in Other Exchanges
N/A
Address
No. 369 Yegang Road, Wujiang Economic and Technological Development Zone, Jiangsu Province, Suzhou, CHN, 215299
Cybrid Technologies Inc is engaged in production and sales of thin-film functional polymer materials. The company produces high-tech composite materials, plastic processing special equipment and devices; sales of solar cell components and related accessories; synthetic resins, adhesives, and tapes.
Executives
Yan Wen Qin Directors, senior managers
Chen Hong Ye Directors, senior managers
Gao Tian Bo Directors, senior managers
Chen Xiao Ying senior management
Chen Da Wei senior management

Cybrid Technologies (SHSE:603212) Headlines

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