Luoyang JALON Micro-nano New Materials Co (SHSE:688357) Days Payable : 243.76 (As of Sep. 2024)

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What is Luoyang JALON Micro-nano New Materials Co Days Payable?

Luoyang JALON Micro-nano New Materials Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥355.4 Mil. Luoyang JALON Micro-nano New Materials Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥133.0 Mil. Hence, Luoyang JALON Micro-nano New Materials Co's Days Payable for the three months ended in Sep. 2024 was 243.76.

The historical rank and industry rank for Luoyang JALON Micro-nano New Materials Co's Days Payable or its related term are showing as below:

SHSE:688357' s Days Payable Range Over the Past 10 Years
Min: 98.98 Med: 199.2 Max: 482.08
Current: 274.99

During the past 10 years, Luoyang JALON Micro-nano New Materials Co's highest Days Payable was 482.08. The lowest was 98.98. And the median was 199.20.

SHSE:688357's Days Payable is ranked better than
96.94% of 1503 companies
in the Chemicals industry
Industry Median: 60.18 vs SHSE:688357: 274.99

Luoyang JALON Micro-nano New Materials Co's Days Payable increased from Sep. 2023 (220.91) to Sep. 2024 (243.76). It may suggest that Luoyang JALON Micro-nano New Materials Co delayed paying its suppliers.

Luoyang JALON Micro-nano New Materials Co Days Payable Historical Data

The historical data trend for Luoyang JALON Micro-nano New Materials 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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Luoyang JALON Micro-nano New Materials Co Days Payable Chart

Luoyang JALON Micro-nano New Materials Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

98.98

108.99

142.95

230.60

239.56

Luoyang JALON Micro-nano New Materials 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															220.91	313.15	294.08	252.76	243.76

Competitive Comparison of Luoyang JALON Micro-nano New Materials Co's Days Payable

For the Specialty Chemicals subindustry, Luoyang JALON Micro-nano New Materials 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.

Luoyang JALON Micro-nano New Materials Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Luoyang JALON Micro-nano New Materials Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Luoyang JALON Micro-nano New Materials Co's Days Payable falls into.

Luoyang JALON Micro-nano New Materials 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.

Luoyang JALON Micro-nano New Materials 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
=	( (447.111	+	442.625)	/	2 )	/	677.801	*	365
=	444.868					/	677.801	*	365
=	239.56

Luoyang JALON Micro-nano New Materials 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
=	( (366.155	+	344.554)	/	2 )	/	133.027	*	365 / 4
=	355.3545					/	133.027	*	365 / 4
=	243.76

Luoyang JALON Micro-nano New Materials Co Days Payable Related Terms

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Luoyang JALON Micro-nano New Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Luoyang JALON Micro-nano New Materials Co Ltd (SHSE:688357) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Junmin Road, Industrial Cluster District, Henan, Yanshi, CHN, 471900

Website

http://www.jlchem.cn

Luoyang JALON Micro-nano New Materials Co Ltd is a manufacturer of Molecular Sieves, Molecular Sieve Powders and Synthetic Zeolite Powders. The company produces and sells adsorbent materials; catalytic materials; industrial sodium chloride; and chemical products. Its products are used in Hydrogen Purification, Medical & Industrial Oxygen Concentrator, Cryogenic Air Separation, Coating, Sealants, Adhesives, Natural Gas Dehydration and Sweetening, Refinery, Air Break System, Insulating Glass, Refrigerant Dehydration, and Ethanol Dehydration.

Executives

Xu Shi Ye	Core technical personnel
Wang Yu Feng	Core technical personnel
Bai Pu	Senior management, core technical personnel
Guo Yan Xia	Core technical personnel
Zhang Yan	Core technical personnel
Liu Qiao Xiang	Supervisors
Li Jian Bo	Director
Zhang Jing Tao	senior management
Ning Hong Bo	Supervisors
Li Chao Feng	Directors, senior managers

Luoyang JALON Micro-nano New Materials Co Headlines

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