Guizhou Aviation Technical Development Co (SHSE:688239) Days Payable : 143.21 (As of Mar. 2024)

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What is Guizhou Aviation Technical Development Co Days Payable?

Guizhou Aviation Technical Development Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥669 Mil. Guizhou Aviation Technical Development Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥426 Mil. Hence, Guizhou Aviation Technical Development Co's Days Payable for the three months ended in Mar. 2024 was 143.21.

The historical rank and industry rank for Guizhou Aviation Technical Development Co's Days Payable or its related term are showing as below:

SHSE:688239' s Days Payable Range Over the Past 10 Years
Min: 83.92 Med: 155.36 Max: 247.12
Current: 189.13

During the past 9 years, Guizhou Aviation Technical Development Co's highest Days Payable was 247.12. The lowest was 83.92. And the median was 155.36.

SHSE:688239's Days Payable is ranked better than
80.2% of 298 companies
in the Aerospace & Defense industry
Industry Median: 75.38 vs SHSE:688239: 189.13

Guizhou Aviation Technical Development Co's Days Payable declined from Mar. 2023 (196.95) to Mar. 2024 (143.21). It may suggest that Guizhou Aviation Technical Development Co accelerated paying its suppliers.

Guizhou Aviation Technical Development Co Days Payable Historical Data

The historical data trend for Guizhou Aviation Technical Development 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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Guizhou Aviation Technical Development Co Days Payable Chart

Guizhou Aviation Technical Development Co Annual Data

Trend

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

83.92

149.89

235.84

247.12

178.54

Guizhou Aviation Technical Development Co Quarterly Data
	Mar19	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															196.95	193.46	204.07	241.21	143.21

Competitive Comparison of Guizhou Aviation Technical Development Co's Days Payable

For the Aerospace & Defense subindustry, Guizhou Aviation Technical Development 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.

Guizhou Aviation Technical Development Co's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Guizhou Aviation Technical Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guizhou Aviation Technical Development Co's Days Payable falls into.

Guizhou Aviation Technical Development 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.

Guizhou Aviation Technical Development 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
=	( (788.143	+	710.712)	/	2 )	/	1532.093	*	365
=	749.4275					/	1532.093	*	365
=	178.54

Guizhou Aviation Technical Development 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
=	( (710.712	+	627.034)	/	2 )	/	426.203	*	365 / 4
=	668.873					/	426.203	*	365 / 4
=	143.21

Guizhou Aviation Technical Development Co Days Payable Related Terms

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Guizhou Aviation Technical Development Co (SHSE:688239) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Guizhou Aviation Technical Development Co Ltd (SHSE:688239) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shangbashan Road, Jinyang Science and Technology Industrial Park, Guiyang National High-tech Industrial Development, Guizhou Province, Guiyang, CHN, 550081

Website

http://www.gzhykj.net

Guizhou Aviation Technical Development Co Ltd is engaged in the research and development, production and sales of annular forgings of difficult-to-deform aerospace metal materials. Its products are mainly used in domestic aircraft engines, gas turbines, space launch vehicles, missiles and other high-end equipment fields.

Executives

Yang Jia Dian	Core technical personnel
Wang Hua Dong	Senior management, core technical personnel
Liu Chao Hui	Directors, senior managers
Song Jie	Supervisors

Guizhou Aviation Technical Development Co (SHSE:688239) Headlines

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