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Suzhou Keda Technology Co (SHSE:603660) Days Payable : 198.03 (As of Dec. 2024)


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What is Suzhou Keda Technology Co Days Payable?

Suzhou Keda Technology Co's average Accounts Payable for the three months ended in Dec. 2024 was ¥332 Mil. Suzhou Keda Technology Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ¥153 Mil. Hence, Suzhou Keda Technology Co's Days Payable for the three months ended in Dec. 2024 was 198.03.

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

SHSE:603660' s Days Payable Range Over the Past 10 Years
Min: 94.36   Med: 157.66   Max: 314.44
Current: 286.91

During the past 13 years, Suzhou Keda Technology Co's highest Days Payable was 314.44. The lowest was 94.36. And the median was 157.66.

SHSE:603660's Days Payable is ranked better than
94.63% of 2401 companies
in the Hardware industry
Industry Median: 68.88 vs SHSE:603660: 286.91

Suzhou Keda Technology Co's Days Payable increased from Dec. 2023 (134.66) to Dec. 2024 (198.03). It may suggest that Suzhou Keda Technology Co delayed paying its suppliers.


Suzhou Keda Technology Co Days Payable Historical Data

The historical data trend for Suzhou Keda Technology 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.

Suzhou Keda Technology Co Days Payable Chart

Suzhou Keda Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 188.73 203.22 261.32 193.37 314.44

Suzhou Keda Technology Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 134.66 480.85 335.77 215.06 198.03

Competitive Comparison of Suzhou Keda Technology Co's Days Payable

For the Communication Equipment subindustry, Suzhou Keda Technology 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.


Suzhou Keda Technology Co's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Suzhou Keda Technology Co's Days Payable falls into.


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Suzhou Keda Technology 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.

Suzhou Keda Technology 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
=( (403.218 + 358.175) / 2 ) / 441.913*365
=380.6965 / 441.913*365
=314.44

Suzhou Keda Technology Co's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (305.721 + 358.175) / 2 ) / 152.957*365 / 4
=331.948 / 152.957*365 / 4
=198.03

* 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.


Suzhou Keda Technology Co Days Payable Related Terms

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Suzhou Keda Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 131, Jinshan Road, High-tech Zone, Jiangsu Province, Suzhou, CHN, 215011
Suzhou Keda Technology Co Ltd is the video surveillance company and solution provider. The company's product line mainly include video surveillance products and video conferencing products. Its video surveillance product line include a recognitive camera, network codec, network video recorder and streaming media server. Its video conferencing product line includes the multipoint control unit and video conferencing peripheral devices. Its products are mainly applied in the fields of hospitals, military, medical, corporate and government sector.
Executives
Zhu Feng Yong senior management
Wang Chao senior management
Yao Gui Gen Director
Qian Jian Zhong senior management
Long Rui senior management
Chen Dong Gen Director
Chen Wei Dong Director
Yu Fang Biao Director

Suzhou Keda Technology Co Headlines

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