Shenzhen GuoHua Network Security Technology Co (SZSE:000004) Days Payable : 3,037.81 (As of Mar. 2024)

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What is Shenzhen GuoHua Network Security Technology Co Days Payable?

Shenzhen GuoHua Network Security Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥89.7 Mil. Shenzhen GuoHua Network Security Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2.7 Mil. Hence, Shenzhen GuoHua Network Security Technology Co's Days Payable for the three months ended in Mar. 2024 was 3,037.81.

The historical rank and industry rank for Shenzhen GuoHua Network Security Technology Co's Days Payable or its related term are showing as below:

SZSE:000004' s Days Payable Range Over the Past 10 Years
Min: 34.56 Med: 198.84 Max: 790.35
Current: 787.82

During the past 13 years, Shenzhen GuoHua Network Security Technology Co's highest Days Payable was 790.35. The lowest was 34.56. And the median was 198.84.

SZSE:000004's Days Payable is ranked better than
82.46% of 724 companies
in the Biotechnology industry
Industry Median: 150.695 vs SZSE:000004: 787.82

Shenzhen GuoHua Network Security Technology Co's Days Payable increased from Mar. 2023 (1,115.41) to Mar. 2024 (3,037.81). It may suggest that Shenzhen GuoHua Network Security Technology Co delayed paying its suppliers.

Shenzhen GuoHua Network Security Technology Co Days Payable Historical Data

The historical data trend for Shenzhen GuoHua Network Security Technology 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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Shenzhen GuoHua Network Security Technology Co Days Payable Chart

Shenzhen GuoHua Network Security Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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272.49

166.98

115.61

292.90

790.35

Shenzhen GuoHua Network Security Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															1,115.41	2,193.50	816.91	322.83	3,037.81

Competitive Comparison of Shenzhen GuoHua Network Security Technology Co's Days Payable

For the Biotechnology subindustry, Shenzhen GuoHua Network Security Technology 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.

Shenzhen GuoHua Network Security Technology Co's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Shenzhen GuoHua Network Security Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen GuoHua Network Security Technology Co's Days Payable falls into.

Shenzhen GuoHua Network Security Technology 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.

Shenzhen GuoHua Network Security Technology 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
=	( (112.351	+	89.722)	/	2 )	/	46.661	*	365
=	101.0365					/	46.661	*	365
=	790.35

Shenzhen GuoHua Network Security Technology 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
=	( (89.722	+	89.717)	/	2 )	/	2.695	*	365 / 4
=	89.7195					/	2.695	*	365 / 4
=	3,037.81

Shenzhen GuoHua Network Security Technology Co Days Payable Related Terms

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Shenzhen GuoHua Network Security Technology Co (SZSE:000004) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Shenzhen GuoHua Network Security Technology Co Ltd (SZSE:000004) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No.126, Zhongkang Road, Meilin Street, B2206A, Zhuoyuehui, Zhuoyuehui, Meidu Community, Futian District, Guangdong, Shenzhen, CHN, 518049

Website

Shenzhen GuoHua Network Security Technology Co Ltd formerly known as Shenzhen Cau Technology Co Ltd is principally engaged in the R&D and manufacturing of biological drugs, as well as mobile internet gaming business.

Executives

Li Lin Lin	Directors, executives
Xu Wen Su	Directors, executives
Tang Yin Ping	Supervisors
Jiang Yu Ming	Director
Zhang Hua	Director, within half a year of separation

Shenzhen GuoHua Network Security Technology Co (SZSE:000004) Headlines

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