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Eastern Communications Co (SHSE:900941) Days Payable : 66.25 (As of Mar. 2025)


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What is Eastern Communications Co Days Payable?

Eastern Communications Co's average Accounts Payable for the three months ended in Mar. 2025 was $39.6 Mil. Eastern Communications Co's Cost of Goods Sold for the three months ended in Mar. 2025 was $54.5 Mil. Hence, Eastern Communications Co's Days Payable for the three months ended in Mar. 2025 was 66.25.

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

SHSE:900941' s Days Payable Range Over the Past 10 Years
Min: 32.27   Med: 52.29   Max: 79.17
Current: 43.85

During the past 13 years, Eastern Communications Co's highest Days Payable was 79.17. The lowest was 32.27. And the median was 52.29.

SHSE:900941's Days Payable is ranked worse than
73.34% of 2401 companies
in the Hardware industry
Industry Median: 68.88 vs SHSE:900941: 43.85

Eastern Communications Co's Days Payable increased from Mar. 2024 (49.17) to Mar. 2025 (66.25). It may suggest that Eastern Communications Co delayed paying its suppliers.


Eastern Communications Co Days Payable Historical Data

The historical data trend for Eastern Communications 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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Eastern Communications Co Days Payable Chart

Eastern Communications Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.97 49.03 44.32 41.65 38.49

Eastern Communications Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.17 42.08 47.38 33.79 66.25

Competitive Comparison of Eastern Communications Co's Days Payable

For the Communication Equipment subindustry, Eastern Communications 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.


Eastern Communications Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Eastern Communications Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Eastern Communications Co's Days Payable falls into.


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Eastern Communications 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.

Eastern Communications 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
=( (35.353 + 40.672) / 2 ) / 360.48*365
=38.0125 / 360.48*365
=38.49

Eastern Communications 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
=( (40.672 + 38.495) / 2 ) / 54.519*365 / 4
=39.5835 / 54.519*365 / 4
=66.25

* 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.


Eastern Communications Co Days Payable Related Terms

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Eastern Communications Co Business Description

Traded in Other Exchanges
Address
No. 66 Dongxin Avenue, New and High-Technology Development Zone, Binjiang District, Zhejiang, Hangzhou, CHN, 310053
Eastern Communications Co Ltd is a China-based communications services company. It provides solutions for industrial applications and listed companies in the fields of communication and financial technology, communications business, an intelligent manufacturing business and intelligent services and software and other fields. The company's product portfolio includes private network communications and information security products and solutions; financial electronic equipment and operations services; communications and information technology integration services and EMS manufacturing operations. The company's products and solutions are used in China and other international countries.

Eastern Communications Co Headlines

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