Jiangsu Cnano Technology Co (SHSE:688116) Days Payable : 333.02 (As of Mar. 2024)

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What is Jiangsu Cnano Technology Co Days Payable?

Jiangsu Cnano Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥735 Mil. Jiangsu Cnano Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥201 Mil. Hence, Jiangsu Cnano Technology Co's Days Payable for the three months ended in Mar. 2024 was 333.02.

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

SHSE:688116' s Days Payable Range Over the Past 10 Years
Min: 95.93 Med: 171.98 Max: 277.44
Current: 240.97

During the past 8 years, Jiangsu Cnano Technology Co's highest Days Payable was 277.44. The lowest was 95.93. And the median was 171.98.

SHSE:688116's Days Payable is ranked better than
93.12% of 2426 companies
in the Hardware industry
Industry Median: 68.08 vs SHSE:688116: 240.97

Jiangsu Cnano Technology Co's Days Payable increased from Mar. 2023 (216.29) to Mar. 2024 (333.02). It may suggest that Jiangsu Cnano Technology Co delayed paying its suppliers.

Jiangsu Cnano Technology Co Days Payable Historical Data

The historical data trend for Jiangsu Cnano 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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Jiangsu Cnano Technology Co Days Payable Chart

Jiangsu Cnano Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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126.06

95.93

109.82

134.84

240.03

Jiangsu Cnano Technology 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															216.29	183.93	197.20	293.43	333.02

Competitive Comparison of Jiangsu Cnano Technology Co's Days Payable

For the Electronic Components subindustry, Jiangsu Cnano 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.

Jiangsu Cnano Technology Co's Days Payable Distribution in the Hardware Industry

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

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

Jiangsu Cnano 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.

Jiangsu Cnano Technology 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
=	( (455.786	+	770.555)	/	2 )	/	932.4	*	365
=	613.1705					/	932.4	*	365
=	240.03

Jiangsu Cnano Technology 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
=	( (770.555	+	698.684)	/	2 )	/	201.29	*	365 / 4
=	734.6195					/	201.29	*	365 / 4
=	333.02

Jiangsu Cnano Technology Co Days Payable Related Terms

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Jiangsu Cnano Technology Co (SHSE:688116) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jiangsu Cnano Technology Co Ltd (SHSE:688116) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 113, Qinglongshan Road, Zhenjiang New District, cccProvince, Zhenjiang, CHN, 212000

Website

http://www.cnanotechnology.com

Jiangsu Cnano Technology Co Ltd is engaged in the manufacturing, research and development and commercialization of multi-wall carbon nanotubes products for the energy storage, especially lithium-ion battery paste.

Executives

Lin Wei Guo	Core technical personnel
Yue Bang Xian	Senior management, core technical personnel
Cai Yong Lve	Directors, senior managers
Ye Ya Wen	senior management
Yan Yan	Directors, senior managers
Zheng Tao	Directors, senior managers, core technical personn
Zhang Mei Jie	Directors, senior managers, core technical personn
Cai Wei Zheng	Core technical personnel
Zhou Yan	Supervisors
Lan Yin	Supervisors
Guo Wei Xing	Core technical personnel
Wei Zhao Jie	Core technical personnel
Xie Bao Dong	Core technical personnel
Cai Zong Yan	Core technical personnel
Sun Min	Supervisors

Jiangsu Cnano Technology Co (SHSE:688116) Headlines

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