Xi'an Manareco New Materials Co (SHSE:688550) Days Payable : 96.53 (As of Mar. 2025)

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What is Xi'an Manareco New Materials Co Days Payable?

Xi'an Manareco New Materials Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥209 Mil. Xi'an Manareco New Materials Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥198 Mil. Hence, Xi'an Manareco New Materials Co's Days Payable for the three months ended in Mar. 2025 was 96.53.

The historical rank and industry rank for Xi'an Manareco New Materials Co's Days Payable or its related term are showing as below:

SHSE:688550' s Days Payable Range Over the Past 10 Years
Min: 103.23 Med: 121.49 Max: 234.08
Current: 103.92

During the past 12 years, Xi'an Manareco New Materials Co's highest Days Payable was 234.08. The lowest was 103.23. And the median was 121.49.

SHSE:688550's Days Payable is ranked better than
78.42% of 1511 companies
in the Chemicals industry
Industry Median: 58.22 vs SHSE:688550: 103.92

Xi'an Manareco New Materials Co's Days Payable declined from Mar. 2024 (103.01) to Mar. 2025 (96.53). It may suggest that Xi'an Manareco New Materials Co accelerated paying its suppliers.

Xi'an Manareco New Materials Co Days Payable Historical Data

The historical data trend for Xi'an Manareco 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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Xi'an Manareco New Materials Co Days Payable Chart

Xi'an Manareco New Materials Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

105.04

105.99

133.86

118.17

106.01

Xi'an Manareco New Materials 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															103.01	100.19	116.19	112.28	96.53

Competitive Comparison of Xi'an Manareco New Materials Co's Days Payable

For the Specialty Chemicals subindustry, Xi'an Manareco 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.

Xi'an Manareco New Materials Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Xi'an Manareco New Materials Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Xi'an Manareco New Materials Co's Days Payable falls into.

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Xi'an Manareco 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.

Xi'an Manareco New Materials 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
=	( (248.603	+	224.26)	/	2 )	/	814.021	*	365
=	236.4315					/	814.021	*	365
=	106.01

Xi'an Manareco New Materials 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
=	( (224.26	+	194.317)	/	2 )	/	197.85	*	365 / 4
=	209.2885					/	197.85	*	365 / 4
=	96.53

Xi'an Manareco New Materials Co Days Payable Related Terms

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Xi'an Manareco New Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Xi'an Manareco New Materials Co Ltd (SHSE:688550) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 71, Jinye 2nd Road, High-tech Zone, Shaanxi Province, Xi'an, CHN, 710077

Website

http://www.xarlm.com

Xi'an Manareco New Materials Co Ltd is engaged in production and sales of special organic new materials involving in liquid crystal singles, OLED materials and pharmaceutical intermediates, which will be applied to LC mixtures, OLED final materials, and APIs. The company's products include Liquid Crystal Intermediates; OLED; Pharmaceutical Intermediates; and Other Organic Fine Chemicals.

Executives

Liu Xiao Chun	Director
Hu Zhan	senior management
Yuan Jiang Bo	senior management
Wang Xiao Wei	Directors, senior managers, core technical personn
Hu Zong Xue	senior management
Qiao Mu	Director
Qian Xiao Bo	senior management
He Han Jiang	Core technical personnel
Wang Yin Bin	senior management
Liu Qian Feng	Director
Zhao Tong	Core technical personnel
Lv Hao Ping	Director
Zhou Quan	senior management
Gao Ren Xiao	Director
Li Qi Gui	Core technical personnel

Xi'an Manareco New Materials Co Headlines

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