PNC Process Systems Co (SHSE:603690) Days Payable : 173.48 (As of Mar. 2024)

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What is PNC Process Systems Co Days Payable?

PNC Process Systems Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,021 Mil. PNC Process Systems Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥537 Mil. Hence, PNC Process Systems Co's Days Payable for the three months ended in Mar. 2024 was 173.48.

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

SHSE:603690' s Days Payable Range Over the Past 10 Years
Min: 125.06 Med: 178.32 Max: 212.99
Current: 184.75

During the past 13 years, PNC Process Systems Co's highest Days Payable was 212.99. The lowest was 125.06. And the median was 178.32.

SHSE:603690's Days Payable is ranked better than
84.09% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs SHSE:603690: 184.75

PNC Process Systems Co's Days Payable declined from Mar. 2023 (186.16) to Mar. 2024 (173.48). It may suggest that PNC Process Systems Co accelerated paying its suppliers.

PNC Process Systems Co Days Payable Historical Data

The historical data trend for PNC Process Systems 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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PNC Process Systems Co Days Payable Chart

PNC Process Systems Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

194.92

153.09

125.06

133.10

175.37

PNC Process Systems 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															186.16	220.95	202.51	155.42	173.48

Competitive Comparison of PNC Process Systems Co's Days Payable

For the Specialty Industrial Machinery subindustry, PNC Process Systems 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.

PNC Process Systems Co's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where PNC Process Systems Co's Days Payable falls into.

PNC Process Systems 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.

PNC Process Systems 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
=	( (899.715	+	1104.423)	/	2 )	/	2085.608	*	365
=	1002.069					/	2085.608	*	365
=	175.37

PNC Process Systems 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
=	( (1104.423	+	937.241)	/	2 )	/	536.955	*	365 / 4
=	1020.832					/	536.955	*	365 / 4
=	173.48

PNC Process Systems Co Days Payable Related Terms

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PNC Process Systems Co (SHSE:603690) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » PNC Process Systems Co Ltd (SHSE:603690) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 170, Zihai Road, Minhang District, Shanghai, CHN, 200241

Website

http://www.pnc-systems.com

PNC Process Systems Co Ltd offers process system solutions for advanced manufacturing enterprises. The solutions cover the design, selection, manufacturing, installation, testing, commissioning, and system hosting services of the entire system. Its product portfolio covers gas delivery system solution, chemical delivery system solutions, process machine secondary, GMS detection control management system, and digital production system, among others. It also offers gasification equipment, wet process machine, ultra-clean electronic materials, media special inspection service, laboratory service, and biopharmaceutical systems and equipment. The systems and services are used in semiconductor, microelectronics, biomedical, photovoltaic, fiber optic, TFT-LCD, LED and other fields.

Executives

Lu Lei	senior management
Jiang Yuan	Directors, senior managers
Shen Yi Lin	senior management
Zhao Hao	Director
Chai Xin Ming	senior management
Wu Hai Hua	Director
Yuan Meng Qi	senior management

PNC Process Systems Co (SHSE:603690) Headlines

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