New Sea Union Technology Group Co (SZSE:002089) Days Payable : 188.78 (As of Sep. 2023)

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What is New Sea Union Technology Group Co Days Payable?

New Sea Union Technology Group Co's average Accounts Payable for the three months ended in Sep. 2023 was ¥22.6 Mil. New Sea Union Technology Group Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥10.9 Mil. Hence, New Sea Union Technology Group Co's Days Payable for the three months ended in Sep. 2023 was 188.78.

The historical rank and industry rank for New Sea Union Technology Group Co's Days Payable or its related term are showing as below:

SZSE:002089' s Days Payable Range Over the Past 10 Years
Min: 109.13 Med: 141.92 Max: 689.56
Current: 137.13

During the past 13 years, New Sea Union Technology Group Co's highest Days Payable was 689.56. The lowest was 109.13. And the median was 141.92.

SZSE:002089's Days Payable is ranked better than
82.23% of 2420 companies
in the Hardware industry
Industry Median: 68.065 vs SZSE:002089: 137.13

New Sea Union Technology Group Co's Days Payable increased from Sep. 2022 (98.91) to Sep. 2023 (188.78). It may suggest that New Sea Union Technology Group Co delayed paying its suppliers.

New Sea Union Technology Group Co Days Payable Historical Data

The historical data trend for New Sea Union Technology 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.

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New Sea Union Technology Group Co Days Payable Chart

New Sea Union Technology Group Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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225.41

629.11

689.56

123.54

120.58

New Sea Union Technology Group Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															98.91	115.67	98.94	152.42	188.78

Competitive Comparison of New Sea Union Technology Group Co's Days Payable

For the Communication Equipment subindustry, New Sea Union Technology 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.

New Sea Union Technology Group Co's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where New Sea Union Technology Group Co's Days Payable falls into.

New Sea Union Technology 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.

New Sea Union Technology Group Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (59.481	+	22.175)	/	2 )	/	123.584	*	365
=	40.828					/	123.584	*	365
=	120.58

New Sea Union Technology Group Co's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (22.95	+	22.265)	/	2 )	/	10.928	*	365 / 4
=	22.6075					/	10.928	*	365 / 4
=	188.78

New Sea Union Technology Group Co Days Payable Related Terms

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New Sea Union Technology Group Co (SZSE:002089) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » New Sea Union Technology Group Co Ltd (SZSE:002089) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 168 Jingmao Road, Suzhou Industrial Park, Suzhou, CHN, 215021

Website

http://www.nsu.com.cn

New Sea Union Technology Group Co Ltd is mainly engaged in the development and sale of communications network equipment in China. The company offers 4G Communication Products, FTTx Telecommunication Series and Software and Services among others.

Executives

Ma Ling Zhi	Director
Ye Jian Biao	Directors, executives
Zhang Yi Bin	Directors, executives
Ma Chong Lei	Director
Xu Lei	Directors, Directors, and Executives
Lan Hong Bing	Director
Mao Zhen Fu	Director
Ma Chong Ji	Director
Zhang Xiao Gang	Supervisors
Li Liang Yu	Securities Affairs Representative
Chen Gui Fen	Supervisors
Ying Xiao Ming	Supervisors
Ge Feng	Director
Xu Sheng Bo	Directors, executives
Qian Ye Yin	Executives

New Sea Union Technology Group Co (SZSE:002089) Headlines

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