Hefei I-TEK OptoElectronics Co (SHSE:688610) Days Payable : 103.50 (As of Mar. 2025)

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What is Hefei I-TEK OptoElectronics Co Days Payable?

Hefei I-TEK OptoElectronics Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥51.1 Mil. Hefei I-TEK OptoElectronics Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥45.0 Mil. Hence, Hefei I-TEK OptoElectronics Co's Days Payable for the three months ended in Mar. 2025 was 103.50.

The historical rank and industry rank for Hefei I-TEK OptoElectronics Co's Days Payable or its related term are showing as below:

SHSE:688610' s Days Payable Range Over the Past 10 Years
Min: 43.87 Med: 78.86 Max: 107.38
Current: 107.38

During the past 6 years, Hefei I-TEK OptoElectronics Co's highest Days Payable was 107.38. The lowest was 43.87. And the median was 78.86.

SHSE:688610's Days Payable is ranked better than
72.84% of 2401 companies
in the Hardware industry
Industry Median: 68.88 vs SHSE:688610: 107.38

Hefei I-TEK OptoElectronics Co's Days Payable increased from Mar. 2024 (100.14) to Mar. 2025 (103.50). It may suggest that Hefei I-TEK OptoElectronics Co delayed paying its suppliers.

Hefei I-TEK OptoElectronics Co Days Payable Historical Data

The historical data trend for Hefei I-TEK OptoElectronics 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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Hefei I-TEK OptoElectronics Co Days Payable Chart

Hefei I-TEK OptoElectronics Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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43.87

63.59

74.31

93.89

97.24

Hefei I-TEK OptoElectronics Co Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial											100.14	106.66	106.05	94.39	103.50

Competitive Comparison of Hefei I-TEK OptoElectronics Co's Days Payable

For the Electronic Components subindustry, Hefei I-TEK OptoElectronics 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.

Hefei I-TEK OptoElectronics Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hefei I-TEK OptoElectronics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hefei I-TEK OptoElectronics Co's Days Payable falls into.

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Hefei I-TEK OptoElectronics 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.

Hefei I-TEK OptoElectronics 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
=	( (38.919	+	40.049)	/	2 )	/	148.202	*	365
=	39.484					/	148.202	*	365
=	97.24

Hefei I-TEK OptoElectronics 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
=	( (40.049	+	62.121)	/	2 )	/	45.038	*	365 / 4
=	51.085					/	45.038	*	365 / 4
=	103.50

Hefei I-TEK OptoElectronics Co Days Payable Related Terms

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Hefei I-TEK OptoElectronics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hefei I-TEK OptoElectronics Co Ltd (SHSE:688610) » Definitions » Days Payable

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Traded in Other Exchanges

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Address

Wangjiang West Road, 3rd Floor, Building J2, Phase II, Zhongan Chuanggu Science and Technology Park, High-tech Zone, Anhui, Hefei, CHN, 230088

Website

http://www.i-tek.cn

Hefei I-TEK OptoElectronics Co Ltd is a national high-tech enterprise specializing in research & development, production and sales of high-end industrial imaging components. Echo Optoelectronics has always focused on technological innovation and adhered to the positioning of high-end products. It is a high-end domestic brand pioneer enterprise with independent innovation in the field of machine vision.

Hefei I-TEK OptoElectronics Co Headlines

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