Konka Group Co (SZSE:000016) Days Payable : 125.98 (As of Jun. 2024)

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What is Konka Group Co Days Payable?

Konka Group Co's average Accounts Payable for the three months ended in Jun. 2024 was ¥3,762 Mil. Konka Group Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥2,725 Mil. Hence, Konka Group Co's Days Payable for the three months ended in Jun. 2024 was 125.98.

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

SZSE:000016' s Days Payable Range Over the Past 10 Years
Min: 39.59 Med: 65.23 Max: 115.4
Current: 115.4

During the past 13 years, Konka Group Co's highest Days Payable was 115.40. The lowest was 39.59. And the median was 65.23.

SZSE:000016's Days Payable is ranked better than
76.18% of 2418 companies
in the Hardware industry
Industry Median: 68.235 vs SZSE:000016: 115.40

Konka Group Co's Days Payable increased from Jun. 2023 (60.33) to Jun. 2024 (125.98). It may suggest that Konka Group Co delayed paying its suppliers.

Konka Group Co Days Payable Historical Data

The historical data trend for Konka Group 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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Konka Group Co Days Payable Chart

Konka Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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43.20

69.35

61.10

54.61

79.09

Konka Group Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															60.33	84.53	120.66	146.17	125.98

Competitive Comparison of Konka Group Co's Days Payable

For the Consumer Electronics subindustry, Konka Group 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.

Konka Group Co's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Konka Group Co's Days Payable falls into.

Konka Group 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.

Konka Group 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
=	( (3714.52	+	3717.315)	/	2 )	/	17149.036	*	365
=	3715.9175					/	17149.036	*	365
=	79.09

Konka Group Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (3602.437	+	3922.48)	/	2 )	/	2725.137	*	365 / 4
=	3762.4585					/	2725.137	*	365 / 4
=	125.98

Konka Group Co Days Payable Related Terms

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Konka Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Konka Group Co Ltd (SZSE:000016) » Definitions » Days Payable

Traded in Other Exchanges

200016:China

Address

28 Keji South Twelfth Road, Yuehai Street, 15-24th Floor, Konka R&D Center, Science and Technology Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057

Website

http://www.konka.com

Konka Group Co Ltd operates in the consumer electronics industry of China. The company sells its goods primarily in China, but a portion of its sales are from overseas markets. Most of its revenue is derived from the business-to-business sale of various color TV models including Smart TVs, LED TVs, 4K TVs, and OLED TVs. Its secondary source of revenue is obtained from the manufacture and sale of mobile phones and appliances such as refrigerators, washing machines, air conditioners, and freezers. The Konka Group also develops and maintains software technologies, produces and distributes molds and plastic products, and provides digital network products.

Executives

Zhou Bin	Executives
Zhang Guang Hui	Supervisors
Huo Jun	Director

Konka Group Co Headlines

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