Jiangsu Maixinlin Aviation Science and Technology (SHSE:688685) Days Payable : 751.05 (As of Mar. 2025)

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What is Jiangsu Maixinlin Aviation Science and Technology Days Payable?

Jiangsu Maixinlin Aviation Science and Technology's average Accounts Payable for the three months ended in Mar. 2025 was ¥553.8 Mil. Jiangsu Maixinlin Aviation Science and Technology's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥67.3 Mil. Hence, Jiangsu Maixinlin Aviation Science and Technology's Days Payable for the three months ended in Mar. 2025 was 751.05.

The historical rank and industry rank for Jiangsu Maixinlin Aviation Science and Technology's Days Payable or its related term are showing as below:

SHSE:688685' s Days Payable Range Over the Past 10 Years
Min: 125.76 Med: 191.65 Max: 408.95
Current: 408.95

During the past 8 years, Jiangsu Maixinlin Aviation Science and Technology's highest Days Payable was 408.95. The lowest was 125.76. And the median was 191.65.

SHSE:688685's Days Payable is ranked better than
93.36% of 301 companies
in the Aerospace & Defense industry
Industry Median: 68.19 vs SHSE:688685: 408.95

Jiangsu Maixinlin Aviation Science and Technology's Days Payable increased from Mar. 2024 (254.82) to Mar. 2025 (751.05). It may suggest that Jiangsu Maixinlin Aviation Science and Technology delayed paying its suppliers.

Jiangsu Maixinlin Aviation Science and Technology Days Payable Historical Data

The historical data trend for Jiangsu Maixinlin Aviation Science and Technology'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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Jiangsu Maixinlin Aviation Science and Technology Days Payable Chart

Jiangsu Maixinlin Aviation Science and Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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191.65

167.98

172.11

206.55

387.90

Jiangsu Maixinlin Aviation Science and Technology 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															254.82	252.91	269.33	363.83	751.05

Competitive Comparison of Jiangsu Maixinlin Aviation Science and Technology's Days Payable

For the Aerospace & Defense subindustry, Jiangsu Maixinlin Aviation Science and Technology'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.

Jiangsu Maixinlin Aviation Science and Technology's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Jiangsu Maixinlin Aviation Science and Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangsu Maixinlin Aviation Science and Technology's Days Payable falls into.

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Jiangsu Maixinlin Aviation Science and Technology 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.

Jiangsu Maixinlin Aviation Science and Technology'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
=	( (123.671	+	485.344)	/	2 )	/	286.533	*	365
=	304.5075					/	286.533	*	365
=	387.90

Jiangsu Maixinlin Aviation Science and Technology'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
=	( (485.344	+	622.33)	/	2 )	/	67.289	*	365 / 4
=	553.837					/	67.289	*	365 / 4
=	751.05

Jiangsu Maixinlin Aviation Science and Technology Days Payable Related Terms

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Jiangsu Maixinlin Aviation Science and Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Jiangsu Maixinlin Aviation Science and Technology Corp (SHSE:688685) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1009, Xihong Road, Taihu Street, Wuzhong District, Jiangsu Province, Suzhou, CHN, 215104

Website

http://www.maixinlin.com

Jiangsu Maixinlin Aviation Science and Technology Corp is engaged in the process development and manufacturing of aerospace components.

Executives

Zhang You Zhi

Director

Jiangsu Maixinlin Aviation Science and Technology Headlines

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