CHTC Helon Co (SZSE:000677) Days Payable : 102.50 (As of Mar. 2025)

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What is CHTC Helon Co Days Payable?

CHTC Helon Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥228 Mil. CHTC Helon Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥203 Mil. Hence, CHTC Helon Co's Days Payable for the three months ended in Mar. 2025 was 102.50.

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

SZSE:000677' s Days Payable Range Over the Past 10 Years
Min: 10.08 Med: 33.69 Max: 53.26
Current: 42.33

During the past 13 years, CHTC Helon Co's highest Days Payable was 53.26. The lowest was 10.08. And the median was 33.69.

SZSE:000677's Days Payable is ranked worse than
66.6% of 524 companies
in the Conglomerates industry
Industry Median: 57.84 vs SZSE:000677: 42.33

CHTC Helon Co's Days Payable increased from Mar. 2024 (45.48) to Mar. 2025 (102.50). It may suggest that CHTC Helon Co delayed paying its suppliers.

CHTC Helon Co Days Payable Historical Data

The historical data trend for CHTC Helon 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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CHTC Helon Co Days Payable Chart

CHTC Helon Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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21.12

11.60

10.08

33.64

53.26

CHTC Helon Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															45.48	36.16	29.56	48.44	102.50

Competitive Comparison of CHTC Helon Co's Days Payable

For the Conglomerates subindustry, CHTC Helon 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.

CHTC Helon Co's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, CHTC Helon Co's Days Payable distribution charts can be found below:

* The bar in red indicates where CHTC Helon Co's Days Payable falls into.

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CHTC Helon 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.

CHTC Helon Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (126.381	+	115.831)	/	2 )	/	830.028	*	365
=	121.106					/	830.028	*	365
=	53.26

CHTC Helon Co's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (115.831	+	340.235)	/	2 )	/	203.01	*	365 / 4
=	228.033					/	203.01	*	365 / 4
=	102.50

CHTC Helon Co Days Payable Related Terms

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CHTC Helon Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » CHTC Helon Co Ltd (SZSE:000677) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 555 Hailong Road, Hanting District, Shandong Province, Weifang City, CHN, 261100

Website

http://www.helon.cn

CHTC Helon Co Ltd is engaged in the development and production of high mode low shrink dipped polyester cord fabrics and canvases. The other products of the company include nylon cord fabrics, polyester belt canvas, and polyester canvas for conveyor belt.

Executives

Zhang Yan	Director
Li Guang	Independent director
Shi Le Tang	Executives
Li Yu Bo	Supervisors
Wang Li Min	Directors, executives
Wang Zhi Gang	Director
Chen Xue Jian	Director

CHTC Helon Co Headlines

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