Fujian Torch Electron Technology Co (SHSE:603678) Days Payable : 82.40 (As of Mar. 2025)

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What is Fujian Torch Electron Technology Co Days Payable?

Fujian Torch Electron Technology Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥452 Mil. Fujian Torch Electron Technology Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥500 Mil. Hence, Fujian Torch Electron Technology Co's Days Payable for the three months ended in Mar. 2025 was 82.40.

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

SHSE:603678' s Days Payable Range Over the Past 10 Years
Min: 64.03 Med: 77.43 Max: 100.8
Current: 79.31

During the past 13 years, Fujian Torch Electron Technology Co's highest Days Payable was 100.80. The lowest was 64.03. And the median was 77.43.

SHSE:603678's Days Payable is ranked better than
58.43% of 2401 companies
in the Hardware industry
Industry Median: 68.91 vs SHSE:603678: 79.31

Fujian Torch Electron Technology Co's Days Payable declined from Mar. 2024 (94.67) to Mar. 2025 (82.40). It may suggest that Fujian Torch Electron Technology Co accelerated paying its suppliers.

Fujian Torch Electron Technology Co Days Payable Historical Data

The historical data trend for Fujian Torch Electron 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.

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Fujian Torch Electron Technology Co Days Payable Chart

Fujian Torch Electron Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

99.01

73.43

76.15

64.03

89.99

Fujian Torch Electron Technology Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															94.67	74.27	76.62	84.20	82.40

Competitive Comparison of Fujian Torch Electron Technology Co's Days Payable

For the Electronic Components subindustry, Fujian Torch Electron 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.

Fujian Torch Electron Technology Co's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Fujian Torch Electron Technology Co's Days Payable falls into.

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Fujian Torch Electron 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.

Fujian Torch Electron 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
=	( (490.011	+	459.972)	/	2 )	/	1926.599	*	365
=	474.9915					/	1926.599	*	365
=	89.99

Fujian Torch Electron Technology Co's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (459.972	+	443.571)	/	2 )	/	500.29	*	365 / 4
=	451.7715					/	500.29	*	365 / 4
=	82.40

Fujian Torch Electron Technology Co Days Payable Related Terms

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Fujian Torch Electron Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fujian Torch Electron Technology Co Ltd (SHSE:603678) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4 Zihua Road, Jiangnan Yuan, Jiangnan High-tech Electronic Information Park, Licheng District, Fujian, Quanzhou, CHN, 362000

Website

http://www.torch.cn

Fujian Torch Electron Technology Co Ltd is engaged in the research and development, production, sales and service work of ceramic capacitors. The company's product profile includes Chip multilayer ceramic capacitor, Molded surface mount ceramic capacitor, Coating lead type multilayer ceramic capacitor, and others.

Executives

Cai Jin Jun	Directors, senior managers
Wang Qiang	senior management
Hong Li Ling	Supervisors
Zhang Zi Shan	Directors, senior managers
Chen Wan Xia	Directors, senior managers
Cai Ming Tong	Director
Cai Jin Xuan	Supervisors
Zheng Qiu Wan	Supervisors
Chen Pei Yang	senior management
Chen Xiao Yin	Supervisors
Zheng Ping	Director
Chen Shi Zong	senior management
Li Hai Song	senior management

Fujian Torch Electron Technology Co Headlines

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