Changhong Huayi Compressor Co (SZSE:000404) Days Payable : 181.74 (As of Mar. 2024)

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What is Changhong Huayi Compressor Co Days Payable?

Changhong Huayi Compressor Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥5,988 Mil. Changhong Huayi Compressor Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥3,007 Mil. Hence, Changhong Huayi Compressor Co's Days Payable for the three months ended in Mar. 2024 was 181.74.

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

SZSE:000404' s Days Payable Range Over the Past 10 Years
Min: 153.08 Med: 171.39 Max: 206.76
Current: 206.76

During the past 13 years, Changhong Huayi Compressor Co's highest Days Payable was 206.76. The lowest was 153.08. And the median was 171.39.

SZSE:000404's Days Payable is ranked better than
87.36% of 2928 companies
in the Industrial Products industry
Industry Median: 76.585 vs SZSE:000404: 206.76

Changhong Huayi Compressor Co's Days Payable increased from Mar. 2023 (128.62) to Mar. 2024 (181.74). It may suggest that Changhong Huayi Compressor Co delayed paying its suppliers.

Changhong Huayi Compressor Co Days Payable Historical Data

The historical data trend for Changhong Huayi Compressor 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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Changhong Huayi Compressor Co Days Payable Chart

Changhong Huayi Compressor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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162.29

168.22

153.08

169.69

181.10

Changhong Huayi Compressor 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															128.62	168.59	210.95	313.76	181.74

Competitive Comparison of Changhong Huayi Compressor Co's Days Payable

For the Specialty Industrial Machinery subindustry, Changhong Huayi Compressor 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.

Changhong Huayi Compressor Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changhong Huayi Compressor Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Changhong Huayi Compressor Co's Days Payable falls into.

Changhong Huayi Compressor 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.

Changhong Huayi Compressor 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
=	( (5318.958	+	5780.261)	/	2 )	/	11185.315	*	365
=	5549.6095					/	11185.315	*	365
=	181.10

Changhong Huayi Compressor 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
=	( (5780.261	+	6196.128)	/	2 )	/	3006.67	*	365 / 4
=	5988.1945					/	3006.67	*	365 / 4
=	181.74

Changhong Huayi Compressor Co Days Payable Related Terms

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Changhong Huayi Compressor Co (SZSE:000404) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Changhong Huayi Compressor Co Ltd (SZSE:000404) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Changhong Avenue, Gaoxin Development Zone, Jingdezhen, Jiangxi, CHN, 333001

Website

https://www.hua-yi.cn

Changhong Huayi Compressor Co Ltd is a China-based company that develops and produces various types of compressors such as refrigerators, freezers, water dispensers, ice machines, and dehumidifiers. The company has established partnerships for the purpose of sales with domestic and foreign refrigerator companies such as Haier, Hisense, Midea, Meiling and Germany Bosch-Siemens, Sweden Electrolux, Italy Yixixi, Spain Fagor, Liebherr, Samsung, Toshiba.

Executives

Yang Fan	Executives
Shi Qiang	Secretary, Director
Yu Wan Chun	Executives
Chen Si Yuan	Supervisors
Zhang Qin Jian	Directors, executives
Yang Xiu Biao	Director
Xiao Wen Yi	Directors, executives
He Cheng Zhi	Executives
Pang Hai Tao	Executives
Fu Nian Ping	Director
Wu Wei Yu	Directors, executives
Cha Chun Xia	Supervisors
Wang Guo Qing	Executives
Wu Jing Hua	Executives
Zhu Jin Song	Directors, executives

Changhong Huayi Compressor Co (SZSE:000404) Headlines

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