Shenzhen Hymson Laser Intelligent Equipments Co (SHSE:688559) Days Payable : 185.77 (As of Sep. 2024)

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What is Shenzhen Hymson Laser Intelligent Equipments Co Days Payable?

Shenzhen Hymson Laser Intelligent Equipments Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥1,900 Mil. Shenzhen Hymson Laser Intelligent Equipments Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥933 Mil. Hence, Shenzhen Hymson Laser Intelligent Equipments Co's Days Payable for the three months ended in Sep. 2024 was 185.77.

The historical rank and industry rank for Shenzhen Hymson Laser Intelligent Equipments Co's Days Payable or its related term are showing as below:

SHSE:688559' s Days Payable Range Over the Past 10 Years
Min: 110.83 Med: 258.46 Max: 286.56
Current: 219.92

During the past 8 years, Shenzhen Hymson Laser Intelligent Equipments Co's highest Days Payable was 286.56. The lowest was 110.83. And the median was 258.46.

SHSE:688559's Days Payable is ranked better than
89.19% of 2943 companies
in the Industrial Products industry
Industry Median: 76.37 vs SHSE:688559: 219.92

Shenzhen Hymson Laser Intelligent Equipments Co's Days Payable declined from Sep. 2023 (328.29) to Sep. 2024 (185.77). It may suggest that Shenzhen Hymson Laser Intelligent Equipments Co accelerated paying its suppliers.

Shenzhen Hymson Laser Intelligent Equipments Co Days Payable Historical Data

The historical data trend for Shenzhen Hymson Laser Intelligent Equipments 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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Shenzhen Hymson Laser Intelligent Equipments Co Days Payable Chart

Shenzhen Hymson Laser Intelligent Equipments Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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256.24

260.67

286.56

261.06

273.90

Shenzhen Hymson Laser Intelligent Equipments 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															328.29	227.91	278.38	188.41	185.77

Competitive Comparison of Shenzhen Hymson Laser Intelligent Equipments Co's Days Payable

For the Specialty Industrial Machinery subindustry, Shenzhen Hymson Laser Intelligent Equipments 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.

Shenzhen Hymson Laser Intelligent Equipments Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen Hymson Laser Intelligent Equipments Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen Hymson Laser Intelligent Equipments Co's Days Payable falls into.

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Shenzhen Hymson Laser Intelligent Equipments 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.

Shenzhen Hymson Laser Intelligent Equipments 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
=	( (2522.616	+	2581.454)	/	2 )	/	3400.882	*	365
=	2552.035					/	3400.882	*	365
=	273.90

Shenzhen Hymson Laser Intelligent Equipments 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
=	( (1924.101	+	1876.161)	/	2 )	/	933.355	*	365 / 4
=	1900.131					/	933.355	*	365 / 4
=	185.77

Shenzhen Hymson Laser Intelligent Equipments Co Days Payable Related Terms

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Shenzhen Hymson Laser Intelligent Equipments Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Hymson Laser Intelligent Equipments Co Ltd (SHSE:688559) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

101, 26 Huanguan South Road, Guanlan Street, Junzibu Community, Longhua District, Guangdong, Shenzhen, CHN, 518110

Website

http://www.hymson.com

Shenzhen Hymson Laser Intelligent Equipments Co Ltd is engaged in design, production and sales of laser and automation equipment in consumer electronics, power batteries, sheet metal processing and other industries. The company's core businesses include lithium battery automation, wind-cooled UV laser equipment, large scale automated production line, large scale laser cutting equipment, sapphire cutting equipment, PCB labeling systems and more.

Executives

Zhou Yu Chao	senior management
Zhang Song Ling	Directors, senior managers
Peng Xin Han	Core technical personnel
Ceng Zhang Jin	senior management
Wen Yan Xiu	Core technical personnel
Zhao Sheng Yu	Director
Liang Chen	senior management
Gao Jing	Directors, senior managers
Nie Shui Bin	Director
Liu Ming Qing	Supervisors
Lin Guo Dong	Supervisors
Li Ying	senior management

Shenzhen Hymson Laser Intelligent Equipments Co Headlines

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