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Beijing Jingyi Automation Equipment Co (SHSE:688652) Days Payable : 272.38 (As of Mar. 2024)


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What is Beijing Jingyi Automation Equipment Co Days Payable?

Beijing Jingyi Automation Equipment Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥424.7 Mil. Beijing Jingyi Automation Equipment Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥142.3 Mil. Hence, Beijing Jingyi Automation Equipment Co's Days Payable for the three months ended in Mar. 2024 was 272.38.

The historical rank and industry rank for Beijing Jingyi Automation Equipment Co's Days Payable or its related term are showing as below:

SHSE:688652' s Days Payable Range Over the Past 10 Years
Min: 111.38   Med: 165.66   Max: 237.98
Current: 237.98

During the past 5 years, Beijing Jingyi Automation Equipment Co's highest Days Payable was 237.98. The lowest was 111.38. And the median was 165.66.

SHSE:688652's Days Payable is ranked better than
93.06% of 965 companies
in the Semiconductors industry
Industry Median: 51.64 vs SHSE:688652: 237.98

Beijing Jingyi Automation Equipment Co's Days Payable increased from Mar. 2023 (166.47) to Mar. 2024 (272.38). It may suggest that Beijing Jingyi Automation Equipment Co delayed paying its suppliers.


Beijing Jingyi Automation Equipment Co Days Payable Historical Data

The historical data trend for Beijing Jingyi Automation Equipment 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.

* Premium members only.

Beijing Jingyi Automation Equipment Co Days Payable Chart

Beijing Jingyi Automation Equipment Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
143.00 111.38 165.66 178.95 223.35

Beijing Jingyi Automation Equipment Co Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 166.47 136.39 175.48 314.48 272.38

Competitive Comparison of Beijing Jingyi Automation Equipment Co's Days Payable

For the Semiconductor Equipment & Materials subindustry, Beijing Jingyi Automation Equipment 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.


Beijing Jingyi Automation Equipment Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Beijing Jingyi Automation Equipment Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing Jingyi Automation Equipment Co's Days Payable falls into.



Beijing Jingyi Automation Equipment 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.

Beijing Jingyi Automation Equipment 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
=( (195.664 + 364.344) / 2 ) / 457.581*365
=280.004 / 457.581*365
=223.35

Beijing Jingyi Automation Equipment 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
=( (364.344 + 485.146) / 2 ) / 142.292*365 / 4
=424.745 / 142.292*365 / 4
=272.38

* 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.


Beijing Jingyi Automation Equipment Co Days Payable Related Terms

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Beijing Jingyi Automation Equipment Co (SHSE:688652) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 8, Liangshuihe 2nd Street, Building A, Building 14, Beijing Economic & Technological Development Zone, Beijing, CHN, 100176
Beijing Jingyi Automation Equipment Co Ltd is engaged in research & development, production and sales of semiconductor special equipment.

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