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Sunway Co (SHSE:603333) Days Payable : 73.04 (As of Mar. 2024)


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What is Sunway Co Days Payable?

Sunway Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥170 Mil. Sunway Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥212 Mil. Hence, Sunway Co's Days Payable for the three months ended in Mar. 2024 was 73.04.

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

SHSE:603333' s Days Payable Range Over the Past 10 Years
Min: 30.52   Med: 42.26   Max: 87.76
Current: 35.36

During the past 13 years, Sunway Co's highest Days Payable was 87.76. The lowest was 30.52. And the median was 42.26.

SHSE:603333's Days Payable is ranked worse than
84.84% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs SHSE:603333: 35.36

Sunway Co's Days Payable increased from Mar. 2023 (50.86) to Mar. 2024 (73.04). It may suggest that Sunway Co delayed paying its suppliers.


Sunway Co Days Payable Historical Data

The historical data trend for Sunway 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.

Sunway Co Days Payable Chart

Sunway Co 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 66.46 87.76 54.44 41.54 34.19

Sunway 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 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 50.86 28.55 31.85 31.96 73.04

Competitive Comparison of Sunway Co's Days Payable

For the Electrical Equipment & Parts subindustry, Sunway 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.


Sunway Co's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Sunway Co's Days Payable falls into.



Sunway 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.

Sunway 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
=( (162.143 + 178.364) / 2 ) / 1817.307*365
=170.2535 / 1817.307*365
=34.19

Sunway 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
=( (178.364 + 160.918) / 2 ) / 211.946*365 / 4
=169.641 / 211.946*365 / 4
=73.04

* 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.


Sunway Co Days Payable Related Terms

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Sunway Co (SHSE:603333) Business Description

Traded in Other Exchanges
N/A
Address
Yingbin Avenue 18,High-tech Di, Leshan City, Sichuan, CHN
Website
Sunway Co Ltd, formerly Sichuan Star Cable Co Ltd is engaged in manufacture and sell of specialty wires and cables. Its main products include all kinds of wires and cables, such as fluoropolymer fire insulation cables, explosion-proof cables, and other related products.
Executives
Sheng Ye Wu Directors, senior managers
Jiang Xiang Dong Directors, senior managers
Luo Ya Jun Director
Duan Yong Xiu Supervisors
Li Guang Yuan Director
Huang Cheng Long Supervisors
Shen Lu Dong Director
Yang Ping Director
He Yu Ying Director
Zhou Feng Shu Supervisors
Huang Jie Supervisors

Sunway Co (SHSE:603333) Headlines

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