Ecovacs Robotics Co (SHSE:603486) Days Payable : 179.37 (As of Sep. 2024)

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What is Ecovacs Robotics Co Days Payable?

Ecovacs Robotics Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥3,397 Mil. Ecovacs Robotics Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥1,728 Mil. Hence, Ecovacs Robotics Co's Days Payable for the three months ended in Sep. 2024 was 179.37.

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

SHSE:603486' s Days Payable Range Over the Past 10 Years
Min: 120.86 Med: 139.67 Max: 155.78
Current: 152.39

During the past 11 years, Ecovacs Robotics Co's highest Days Payable was 155.78. The lowest was 120.86. And the median was 139.67.

SHSE:603486's Days Payable is ranked better than
86.99% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 68.66 vs SHSE:603486: 152.39

Ecovacs Robotics Co's Days Payable increased from Sep. 2023 (168.58) to Sep. 2024 (179.37). It may suggest that Ecovacs Robotics Co delayed paying its suppliers.

Ecovacs Robotics Co Days Payable Historical Data

The historical data trend for Ecovacs Robotics 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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Ecovacs Robotics Co Days Payable Chart

Ecovacs Robotics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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136.87

142.47

136.22

150.43

151.21

Ecovacs Robotics Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															168.58	117.44	156.11	172.51	179.37

Competitive Comparison of Ecovacs Robotics Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Ecovacs Robotics 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.

Ecovacs Robotics Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ecovacs Robotics Co's Days Payable distribution charts can be found below:

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

Ecovacs Robotics 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.

Ecovacs Robotics 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
=	( (3391.888	+	3351.532)	/	2 )	/	8138.633	*	365
=	3371.71					/	8138.633	*	365
=	151.21

Ecovacs Robotics Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (3553.454	+	3240.974)	/	2 )	/	1728.249	*	365 / 4
=	3397.214					/	1728.249	*	365 / 4
=	179.37

Ecovacs Robotics Co Days Payable Related Terms

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Ecovacs Robotics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ecovacs Robotics Co Ltd (SHSE:603486) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 108 Shihu West Road, Wuzhong District, Suzhou, CHN, 215168

Website

http://www.ecovacs.cn

Ecovacs Robotics Co Ltd is engaged in Research and development, design, production and sales of various types of household service robots, small cleaning appliances and other intelligent household equipment and related components.

Executives

Leng Ling	Director
Li Qian Huan	Director
Ma Jian Jun	Director
Xu Wei Qiang	senior management
Liu Peng Hai	Director
Li Yan	Director
Zhou Yang Hua	Director
Qian Dong Qi	Director

Ecovacs Robotics Co Headlines

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