Shanghai Kelai Mechatronics Engineering Co (SHSE:603960) Days Payable : 124.09 (As of Mar. 2025)

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What is Shanghai Kelai Mechatronics Engineering Co Days Payable?

Shanghai Kelai Mechatronics Engineering Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥80.0 Mil. Shanghai Kelai Mechatronics Engineering Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥58.8 Mil. Hence, Shanghai Kelai Mechatronics Engineering Co's Days Payable for the three months ended in Mar. 2025 was 124.09.

The historical rank and industry rank for Shanghai Kelai Mechatronics Engineering Co's Days Payable or its related term are showing as below:

SHSE:603960' s Days Payable Range Over the Past 10 Years
Min: 55.37 Med: 70 Max: 109.21
Current: 60.58

During the past 13 years, Shanghai Kelai Mechatronics Engineering Co's highest Days Payable was 109.21. The lowest was 55.37. And the median was 70.00.

SHSE:603960's Days Payable is ranked worse than
60.79% of 2943 companies
in the Industrial Products industry
Industry Median: 76.19 vs SHSE:603960: 60.58

Shanghai Kelai Mechatronics Engineering Co's Days Payable increased from Mar. 2024 (89.90) to Mar. 2025 (124.09). It may suggest that Shanghai Kelai Mechatronics Engineering Co delayed paying its suppliers.

Shanghai Kelai Mechatronics Engineering Co Days Payable Historical Data

The historical data trend for Shanghai Kelai Mechatronics Engineering 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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Shanghai Kelai Mechatronics Engineering Co Days Payable Chart

Shanghai Kelai Mechatronics Engineering Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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101.20

109.21

87.38

71.27

67.00

Shanghai Kelai Mechatronics Engineering 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															89.90	57.85	63.52	43.73	124.09

Competitive Comparison of Shanghai Kelai Mechatronics Engineering Co's Days Payable

For the Specialty Industrial Machinery subindustry, Shanghai Kelai Mechatronics Engineering 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.

Shanghai Kelai Mechatronics Engineering Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Kelai Mechatronics Engineering Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Kelai Mechatronics Engineering Co's Days Payable falls into.

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Shanghai Kelai Mechatronics Engineering 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.

Shanghai Kelai Mechatronics Engineering 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
=	( (75.332	+	93.672)	/	2 )	/	460.347	*	365
=	84.502					/	460.347	*	365
=	67.00

Shanghai Kelai Mechatronics Engineering 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
=	( (93.672	+	66.246)	/	2 )	/	58.8	*	365 / 4
=	79.959					/	58.8	*	365 / 4
=	124.09

Shanghai Kelai Mechatronics Engineering Co Days Payable Related Terms

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Shanghai Kelai Mechatronics Engineering Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Kelai Mechatronics Engineering Co Ltd (SHSE:603960) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1555 Luo Dong Road, Baoshan District, Shanghai, CHN, 200949

Website

http://www.sh-kelai.com

Shanghai Kelai Mechatronics Engineering Co Ltd is a provider of automation equipment and industrial robot system application in China. The company is engaged in the research, development and manufacture of non-standard intelligent equipment and industrial robot system integration. Its products are widely used in automobiles, 3C electronics, food, Tobacco, medical machinery and other industries.

Executives

Su Jian Liang	Directors, senior managers
Zhang Hai Hong	Supervisors
Xiao Yi	senior management
Wang Yang Ming	Director
Feng Shou Jia	Director
Wang Zhi Hao	Director
Chen Jiu Kang	Director
Wang Wei Feng	senior management
Shen Jun Jie	senior management
Li Jie	Supervisors
Li Nan	senior management
Tan Shi Li	Director

Shanghai Kelai Mechatronics Engineering Co Headlines

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