Autel Intelligent Technology (SHSE:688208) Days Payable : 74.29 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Autel Intelligent Technology Days Payable?

Autel Intelligent Technology's average Accounts Payable for the three months ended in Mar. 2024 was ¥304 Mil. Autel Intelligent Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥374 Mil. Hence, Autel Intelligent Technology's Days Payable for the three months ended in Mar. 2024 was 74.29.

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

SHSE:688208' s Days Payable Range Over the Past 10 Years
Min: 50.05 Med: 92.01 Max: 135.6
Current: 81.65

During the past 11 years, Autel Intelligent Technology's highest Days Payable was 135.60. The lowest was 50.05. And the median was 92.01.

SHSE:688208's Days Payable is ranked better than
61.64% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 66.62 vs SHSE:688208: 81.65

Autel Intelligent Technology's Days Payable declined from Mar. 2023 (84.00) to Mar. 2024 (74.29). It may suggest that Autel Intelligent Technology accelerated paying its suppliers.

Autel Intelligent Technology Days Payable Historical Data

The historical data trend for Autel Intelligent Technology'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.

* Premium members only.

Autel Intelligent Technology Days Payable Chart

Autel Intelligent Technology Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

81.49

108.20

113.50

99.96

50.05

Autel Intelligent Technology 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															84.00	96.76	104.93	53.12	74.29

Competitive Comparison of Autel Intelligent Technology's Days Payable

For the Auto Parts subindustry, Autel Intelligent Technology'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.

Autel Intelligent Technology's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Autel Intelligent Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Autel Intelligent Technology's Days Payable falls into.

Autel Intelligent Technology 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.

Autel Intelligent Technology'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
=	( (197.964	+	204.255)	/	2 )	/	1466.551	*	365
=	201.1095					/	1466.551	*	365
=	50.05

Autel Intelligent Technology'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
=	( (204.255	+	404.057)	/	2 )	/	373.603	*	365 / 4
=	304.156					/	373.603	*	365 / 4
=	74.29

Autel Intelligent Technology Days Payable Related Terms

Thank you for viewing the detailed overview of Autel Intelligent Technology's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Autel Intelligent Technology (SHSE:688208) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Autel Intelligent Technology Corp Ltd (SHSE:688208) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 1001 Xueyuan Avenue, Xili Street, 7th, 8th and 10th floors of Building B1, Zhiyuan, Nanshan District, Guangdong, Shenzhen, CHN, 518055

Website

http://www.auteltech.cn

Autel Intelligent Technology Corp Ltd is an automotive electronic products manufacturer. It is engaged in production, sales and service of automotive intelligent diagnosis, detection and analysis systems and automotive electronic components. The company's products include diagnostic products, ADAS series products, Tire Pressure products, Anti-Theft products and other products.

Executives

Li Hong Jing	Director
Li Hong	Director
Zhou Qiu Fang	Supervisors
Zhan Jin Yong	Core technical personnel
Deng Ren Xiang	Supervisors
Luo Yong Liang	Core technical personnel
Yin Hui	Core technical personnel
Wang Yong	senior management
Zhang Wei	Supervisors

Autel Intelligent Technology (SHSE:688208) Headlines

No Headlines