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FAWER Automotive Parts Co (SZSE:000030) Days Payable : 147.22 (As of Mar. 2024)


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What is FAWER Automotive Parts Co Days Payable?

FAWER Automotive Parts Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥5,416 Mil. FAWER Automotive Parts Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥3,357 Mil. Hence, FAWER Automotive Parts Co's Days Payable for the three months ended in Mar. 2024 was 147.22.

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

SZSE:000030' s Days Payable Range Over the Past 10 Years
Min: 122.12   Med: 137.98   Max: 155.71
Current: 122.12

During the past 13 years, FAWER Automotive Parts Co's highest Days Payable was 155.71. The lowest was 122.12. And the median was 137.98.

SZSE:000030's Days Payable is ranked better than
79.03% of 1264 companies
in the Vehicles & Parts industry
Industry Median: 66.61 vs SZSE:000030: 122.12

FAWER Automotive Parts Co's Days Payable declined from Mar. 2023 (150.13) to Mar. 2024 (147.22). It may suggest that FAWER Automotive Parts Co accelerated paying its suppliers.


FAWER Automotive Parts Co Days Payable Historical Data

The historical data trend for FAWER Automotive Parts 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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FAWER Automotive Parts Co Days Payable Chart

FAWER Automotive Parts Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 140.02 147.11 133.56 135.93 128.41

FAWER Automotive Parts 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 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 150.13 120.07 114.83 118.25 147.22

Competitive Comparison of FAWER Automotive Parts Co's Days Payable

For the Auto Parts subindustry, FAWER Automotive Parts 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.


FAWER Automotive Parts Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, FAWER Automotive Parts Co's Days Payable distribution charts can be found below:

* The bar in red indicates where FAWER Automotive Parts Co's Days Payable falls into.



FAWER Automotive Parts 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.

FAWER Automotive Parts 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
=( (4370.779 + 5602.672) / 2 ) / 14174.246*365
=4986.7255 / 14174.246*365
=128.41

FAWER Automotive Parts 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
=( (5602.672 + 5229.587) / 2 ) / 3357.119*365 / 4
=5416.1295 / 3357.119*365 / 4
=147.22

* 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.


FAWER Automotive Parts Co Days Payable Related Terms

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FAWER Automotive Parts Co (SZSE:000030) Business Description

Traded in Other Exchanges
Address
777 Dongfeng South Street, Xixin Economic Development Zone, Jilin Province, Changchun City, CHN, 130033
FAWER Automotive Parts Ltd Co is engaged in manufacturing automotive parts and components of environment control systems, chassis systems, steering and transmission systems, safety systems, engine accessory systems.
Executives
Wang Xiao Ping Directors, executives
Gan Xian Guo Directors, executives
Yang Yi Ping Executives
Du Xin Yue Executives
Zu Xue Zhong Executives
Ye Fan Directors, executives
Ban Wu Director
Niu Su Yan Supervisors
Gong Yi Heng Supervisors

FAWER Automotive Parts Co (SZSE:000030) Headlines

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