Zhejiangnhua Intelligent Controls Co (SZSE:002050) Days Payable : 156.43 (As of Mar. 2024)

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What is Zhejiangnhua Intelligent Controls Co Days Payable?

Zhejiangnhua Intelligent Controls Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥8,053 Mil. Zhejiangnhua Intelligent Controls Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥4,698 Mil. Hence, Zhejiangnhua Intelligent Controls Co's Days Payable for the three months ended in Mar. 2024 was 156.43.

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

SZSE:002050' s Days Payable Range Over the Past 10 Years
Min: 109.6 Med: 124.09 Max: 147.7
Current: 146.75

During the past 13 years, Zhejiangnhua Intelligent Controls Co's highest Days Payable was 147.70. The lowest was 109.60. And the median was 124.09.

SZSE:002050's Days Payable is ranked better than
76.6% of 2923 companies
in the Industrial Products industry
Industry Median: 76.74 vs SZSE:002050: 146.75

Zhejiangnhua Intelligent Controls Co's Days Payable increased from Mar. 2023 (139.11) to Mar. 2024 (156.43). It may suggest that Zhejiangnhua Intelligent Controls Co delayed paying its suppliers.

Zhejiangnhua Intelligent Controls Co Days Payable Historical Data

The historical data trend for Zhejiangnhua Intelligent Controls 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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Zhejiangnhua Intelligent Controls Co Days Payable Chart

Zhejiangnhua Intelligent Controls Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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125.01

130.25

132.18

133.81

147.70

Zhejiangnhua Intelligent Controls 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															139.11	120.29	143.28	172.58	156.43

Competitive Comparison of Zhejiangnhua Intelligent Controls Co's Days Payable

For the Specialty Industrial Machinery subindustry, Zhejiangnhua Intelligent Controls 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.

Zhejiangnhua Intelligent Controls Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiangnhua Intelligent Controls Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiangnhua Intelligent Controls Co's Days Payable falls into.

Zhejiangnhua Intelligent Controls 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.

Zhejiangnhua Intelligent Controls 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
=	( (6464.878	+	7866.652)	/	2 )	/	17708.12	*	365
=	7165.765					/	17708.12	*	365
=	147.70

Zhejiangnhua Intelligent Controls 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
=	( (7866.652	+	8239.628)	/	2 )	/	4697.542	*	365 / 4
=	8053.14					/	4697.542	*	365 / 4
=	156.43

Zhejiangnhua Intelligent Controls Co Days Payable Related Terms

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Zhejiangnhua Intelligent Controls Co (SZSE:002050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Sanhua Intelligent Controls Co Ltd (SZSE:002050) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xiali Street, Qixing Street, Xinchang County, Zhejiang Province, Shaoxing, CHN, 312500

Website

http://www.zjshc.com

Zhejiang Sanhua Intelligent Controls Co Ltd is an HVAC&R manufacturer of controls and components. It is engaged in the research and development, manufacture and distribution of refrigeration and air-conditioning control components, which include 4-way reversing valves, solenoid valves, and electronic expansion valves. The products offered by the company are standard controls and line components, customized controls and line components, electronic controls, and micro-channel heat exchanger. The products have application in air conditioning, commercial refrigeration, heat pump and home appliances. The organization supplies its products in China and internationally.

Executives

Ni Xiao Ming	Director
Hu Kai Cheng	Secretary Dong
Wang Da Yong	Directors, executives
Yu Ying Kui	Executives
Zhang Ya Bo	Directors, executives
Chen Xiao Ming	Supervisors
Chen Yu Zhong	Directors, executives
Wang Yu Tong	Securities Affairs Representative
Weng Wei Feng	Supervisors
Shi Chu Liang	Director
Liu Fei	Executives
Du An Lin	Executives
Li Wen Xiang	Director
Yu Shu Li	Director

Zhejiangnhua Intelligent Controls Co (SZSE:002050) Headlines

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