Guoguang Electric Co Chengdu (SHSE:688776) Days Payable : 526.37 (As of Mar. 2025)

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What is Guoguang Electric Co Chengdu Days Payable?

Guoguang Electric Co Chengdu's average Accounts Payable for the three months ended in Mar. 2025 was ¥424.7 Mil. Guoguang Electric Co Chengdu's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥73.6 Mil. Hence, Guoguang Electric Co Chengdu's Days Payable for the three months ended in Mar. 2025 was 526.37.

The historical rank and industry rank for Guoguang Electric Co Chengdu's Days Payable or its related term are showing as below:

SHSE:688776' s Days Payable Range Over the Past 10 Years
Min: 93.19 Med: 168.71 Max: 427.44
Current: 427.44

During the past 8 years, Guoguang Electric Co Chengdu's highest Days Payable was 427.44. The lowest was 93.19. And the median was 168.71.

SHSE:688776's Days Payable is ranked better than
97.49% of 2944 companies
in the Industrial Products industry
Industry Median: 76.18 vs SHSE:688776: 427.44

Guoguang Electric Co Chengdu's Days Payable increased from Mar. 2024 (346.67) to Mar. 2025 (526.37). It may suggest that Guoguang Electric Co Chengdu delayed paying its suppliers.

Guoguang Electric Co Chengdu Days Payable Historical Data

The historical data trend for Guoguang Electric Co Chengdu'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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Guoguang Electric Co Chengdu Days Payable Chart

Guoguang Electric Co Chengdu Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

129.43

181.89

155.52

235.69

398.63

Guoguang Electric Co Chengdu 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															346.67	251.10	525.19	585.55	526.37

Competitive Comparison of Guoguang Electric Co Chengdu's Days Payable

For the Specialty Industrial Machinery subindustry, Guoguang Electric Co Chengdu'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.

Guoguang Electric Co Chengdu's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guoguang Electric Co Chengdu's Days Payable distribution charts can be found below:

* The bar in red indicates where Guoguang Electric Co Chengdu's Days Payable falls into.

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Guoguang Electric Co Chengdu 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.

Guoguang Electric Co Chengdu'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
=	( (358.61	+	424.471)	/	2 )	/	358.511	*	365
=	391.5405					/	358.511	*	365
=	398.63

Guoguang Electric Co Chengdu'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
=	( (424.471	+	424.887)	/	2 )	/	73.621	*	365 / 4
=	424.679					/	73.621	*	365 / 4
=	526.37

Guoguang Electric Co Chengdu Days Payable Related Terms

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Guoguang Electric Co Chengdu Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guoguang Electric Co Ltd Chengdu (SHSE:688776) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.117 Xingguang West Road, Chengdu Economic and Technological Development Zone, Sichuan Province, Chengdu, CHN, 610100

Website

http://www.chinaguoguang.com

Guoguang Electric Co Ltd Chengdu is engaged in the research and development, production and sales of vacuum and microwave application products.

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