Jiangnan Mould & Plastic Technology Co (SZSE:000700) Days Payable : 146.93 (As of Mar. 2024)

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What is Jiangnan Mould & Plastic Technology Co Days Payable?

Jiangnan Mould & Plastic Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥2,413 Mil. Jiangnan Mould & Plastic Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,499 Mil. Hence, Jiangnan Mould & Plastic Technology Co's Days Payable for the three months ended in Mar. 2024 was 146.93.

The historical rank and industry rank for Jiangnan Mould & Plastic Technology Co's Days Payable or its related term are showing as below:

SZSE:000700' s Days Payable Range Over the Past 10 Years
Min: 117.5 Med: 132.76 Max: 155.67
Current: 117.5

During the past 13 years, Jiangnan Mould & Plastic Technology Co's highest Days Payable was 155.67. The lowest was 117.50. And the median was 132.76.

SZSE:000700's Days Payable is ranked better than
77.93% of 1264 companies
in the Vehicles & Parts industry
Industry Median: 65.57 vs SZSE:000700: 117.50

Jiangnan Mould & Plastic Technology Co's Days Payable increased from Mar. 2023 (146.66) to Mar. 2024 (146.93). It may suggest that Jiangnan Mould & Plastic Technology Co delayed paying its suppliers.

Jiangnan Mould & Plastic Technology Co Days Payable Historical Data

The historical data trend for Jiangnan Mould & Plastic Technology 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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Jiangnan Mould & Plastic Technology Co Days Payable Chart

Jiangnan Mould & Plastic Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

131.71

128.85

122.29

133.80

129.40

Jiangnan Mould & Plastic Technology 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															146.66	123.27	114.78	101.07	146.93

Competitive Comparison of Jiangnan Mould & Plastic Technology Co's Days Payable

For the Auto Parts subindustry, Jiangnan Mould & Plastic Technology 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.

Jiangnan Mould & Plastic Technology Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Jiangnan Mould & Plastic Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangnan Mould & Plastic Technology Co's Days Payable falls into.

Jiangnan Mould & Plastic Technology 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.

Jiangnan Mould & Plastic Technology 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
=	( (2473.097	+	2635.528)	/	2 )	/	7204.832	*	365
=	2554.3125					/	7204.832	*	365
=	129.40

Jiangnan Mould & Plastic Technology 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
=	( (2635.528	+	2190.806)	/	2 )	/	1498.677	*	365 / 4
=	2413.167					/	1498.677	*	365 / 4
=	146.93

Jiangnan Mould & Plastic Technology Co Days Payable Related Terms

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Jiangnan Mould & Plastic Technology Co (SZSE:000700) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Jiangnan Mould & Plastic Technology Co Ltd (SZSE:000700) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Changqing Road, Zhouzhuang Town, Jiangyin, Jiangsu, CHN, 214423

Website

http://www.jnmpt.com

Jiangnan Mould & Plastic Technology Co Ltd is engaged in developing, manufacturing and selling auto components. The company offers bumpers, moldings, grilles, license plates, spoilers, body side moldings, wheel opening products, rocker panels, fuel door covers, engine cover strips, and panels.

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