Inner Mongolia OJing Science & Technology Co (SZSE:001269) Days Payable : 267.68 (As of Mar. 2024)

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What is Inner Mongolia OJing Science & Technology Co Days Payable?

Inner Mongolia OJing Science & Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥848 Mil. Inner Mongolia OJing Science & Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥289 Mil. Hence, Inner Mongolia OJing Science & Technology Co's Days Payable for the three months ended in Mar. 2024 was 267.68.

The historical rank and industry rank for Inner Mongolia OJing Science & Technology Co's Days Payable or its related term are showing as below:

SZSE:001269' s Days Payable Range Over the Past 10 Years
Min: 18.11 Med: 133.01 Max: 188.97
Current: 149.71

During the past 9 years, Inner Mongolia OJing Science & Technology Co's highest Days Payable was 188.97. The lowest was 18.11. And the median was 133.01.

SZSE:001269's Days Payable is ranked better than
86.42% of 965 companies
in the Semiconductors industry
Industry Median: 51.64 vs SZSE:001269: 149.71

Inner Mongolia OJing Science & Technology Co's Days Payable increased from Mar. 2023 (155.48) to Mar. 2024 (267.68). It may suggest that Inner Mongolia OJing Science & Technology Co delayed paying its suppliers.

Inner Mongolia OJing Science & Technology Co Days Payable Historical Data

The historical data trend for Inner Mongolia OJing Science & 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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Inner Mongolia OJing Science & Technology Co Days Payable Chart

Inner Mongolia OJing Science & Technology Co Annual Data

Trend

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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145.01

141.89

163.22

188.97

132.86

Inner Mongolia OJing Science & Technology Co Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															155.48	142.93	127.72	132.46	267.68

Competitive Comparison of Inner Mongolia OJing Science & Technology Co's Days Payable

For the Semiconductor Equipment & Materials subindustry, Inner Mongolia OJing Science & 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.

Inner Mongolia OJing Science & Technology Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Inner Mongolia OJing Science & Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Inner Mongolia OJing Science & Technology Co's Days Payable falls into.

Inner Mongolia OJing Science & 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.

Inner Mongolia OJing Science & 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
=	( (665.073	+	916.227)	/	2 )	/	2172.131	*	365
=	790.65					/	2172.131	*	365
=	132.86

Inner Mongolia OJing Science & 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
=	( (916.227	+	780.218)	/	2 )	/	289.153	*	365 / 4
=	848.2225					/	289.153	*	365 / 4
=	267.68

Inner Mongolia OJing Science & Technology Co Days Payable Related Terms

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Inner Mongolia OJing Science & Technology Co (SZSE:001269) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Inner Mongolia OJing Science & Technology Co Ltd (SZSE:001269) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 31, Amur South Street, Inner Mongolia Autonomous Region, Saihan District, Hohhot, CHN, 010070

Website

http://www.ojingquartz.com

Inner Mongolia OJing Science & Technology Co Ltd is is mainly engaged in the research and development and production of quartz crucibles, the manufacture of quartz parts, the cleaning of silicon materials, and the online recycling and processing of silicon wafer cutting fluids. The company's products and services are widely used in the photovoltaic and semiconductor industries.

Inner Mongolia OJing Science & Technology Co (SZSE:001269) Headlines

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