Jinhong Holding Group Co (SZSE:000669) Days Payable : 51.14 (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Jinhong Holding Group Co Days Payable?

Jinhong Holding Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥191 Mil. Jinhong Holding Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥340 Mil. Hence, Jinhong Holding Group Co's Days Payable for the three months ended in Mar. 2024 was 51.14.

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

SZSE:000669' s Days Payable Range Over the Past 10 Years
Min: 32.76 Med: 89.65 Max: 161.92
Current: 50.7

During the past 13 years, Jinhong Holding Group Co's highest Days Payable was 161.92. The lowest was 32.76. And the median was 89.65.

SZSE:000669's Days Payable is ranked worse than
67.29% of 2421 companies
in the Hardware industry
Industry Median: 67.83 vs SZSE:000669: 50.70

Jinhong Holding Group Co's Days Payable increased from Mar. 2023 (43.32) to Mar. 2024 (51.14). It may suggest that Jinhong Holding Group Co delayed paying its suppliers.

Jinhong Holding Group Co Days Payable Historical Data

The historical data trend for Jinhong Holding 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.

* Premium members only.

Jinhong Holding Group Co Days Payable Chart

Jinhong Holding Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

96.35

88.21

32.76

48.20

56.91

Jinhong Holding Group 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															43.32	53.91	56.80	40.89	51.14

Competitive Comparison of Jinhong Holding Group Co's Days Payable

For the Communication Equipment subindustry, Jinhong Holding 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.

Jinhong Holding Group Co's Days Payable Distribution in the Hardware Industry

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

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

Jinhong Holding 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.

Jinhong Holding 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
=	( (167.044	+	182.527)	/	2 )	/	1121.007	*	365
=	174.7855					/	1121.007	*	365
=	56.91

Jinhong Holding Group 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
=	( (182.527	+	198.717)	/	2 )	/	340.118	*	365 / 4
=	190.622					/	340.118	*	365 / 4
=	51.14

Jinhong Holding Group Co Days Payable Related Terms

Thank you for viewing the detailed overview of Jinhong Holding Group Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Jinhong Holding Group Co (SZSE:000669) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jinhong Holding Group Co Ltd (SZSE:000669) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 108, Hengshan West Road, High-tech Zone, Jilin Province, Jilin, CHN, 100120

Website

http://www.000669.com

Jinhong Holding Group Co Ltd, formerly known as PetroChina Jinhong Energy Investment Co Ltd manufactures and markets telephone sets, cordless telephones, and personal digital assistant products, cold light source products, and other related products.

Jinhong Holding Group Co (SZSE:000669) Headlines

No Headlines