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Jiangsu Xinri E-Vehicle Co (SHSE:603787) Days Payable : 145.69 (As of Sep. 2024)


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What is Jiangsu Xinri E-Vehicle Co Days Payable?

Jiangsu Xinri E-Vehicle Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥1,519 Mil. Jiangsu Xinri E-Vehicle Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥952 Mil. Hence, Jiangsu Xinri E-Vehicle Co's Days Payable for the three months ended in Sep. 2024 was 145.69.

The historical rank and industry rank for Jiangsu Xinri E-Vehicle Co's Days Payable or its related term are showing as below:

SHSE:603787' s Days Payable Range Over the Past 10 Years
Min: 73.86   Med: 113.01   Max: 192.56
Current: 192.56

During the past 12 years, Jiangsu Xinri E-Vehicle Co's highest Days Payable was 192.56. The lowest was 73.86. And the median was 113.01.

SHSE:603787's Days Payable is ranked better than
90.89% of 1273 companies
in the Vehicles & Parts industry
Industry Median: 66.34 vs SHSE:603787: 192.56

Jiangsu Xinri E-Vehicle Co's Days Payable increased from Sep. 2023 (141.63) to Sep. 2024 (145.69). It may suggest that Jiangsu Xinri E-Vehicle Co delayed paying its suppliers.


Jiangsu Xinri E-Vehicle Co Days Payable Historical Data

The historical data trend for Jiangsu Xinri E-Vehicle 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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Jiangsu Xinri E-Vehicle Co Days Payable Chart

Jiangsu Xinri E-Vehicle 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 73.86 94.08 157.65 133.61 170.81

Jiangsu Xinri E-Vehicle 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 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 141.63 242.80 219.29 164.02 145.69

Competitive Comparison of Jiangsu Xinri E-Vehicle Co's Days Payable

For the Recreational Vehicles subindustry, Jiangsu Xinri E-Vehicle 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.


Jiangsu Xinri E-Vehicle Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Jiangsu Xinri E-Vehicle Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangsu Xinri E-Vehicle Co's Days Payable falls into.



Jiangsu Xinri E-Vehicle 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.

Jiangsu Xinri E-Vehicle 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
=( (1682.012 + 1611.081) / 2 ) / 3518.403*365
=1646.5465 / 3518.403*365
=170.81

Jiangsu Xinri E-Vehicle 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
=( (1407.012 + 1631.656) / 2 ) / 951.634*365 / 4
=1519.334 / 951.634*365 / 4
=145.69

* 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.


Jiangsu Xinri E-Vehicle Co Days Payable Related Terms

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Jiangsu Xinri E-Vehicle Co Business Description

Traded in Other Exchanges
N/A
Address
No. 501, Xishan Avenue, Xishan District, Jiangsu Province, Wuxi, CHN, 214106
Jiangsu Xinri E-Vehicle Co Ltd mainly is engaged in the research, development, production, and sales of green transportation in China. Its main products include other non-motor vehicles, electric bicycles, electric sightseeing cars, electric tricycles and so on.
Executives
Zhao Xue Zhong Director
Fan Lai Sheng senior management

Jiangsu Xinri E-Vehicle Co Headlines

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