Guangdong Hongtu Technology Holdings Co (SZSE:002101) Days Payable : 171.14 (As of Mar. 2024)

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What is Guangdong Hongtu Technology Holdings Co Days Payable?

Guangdong Hongtu Technology Holdings Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥2,797 Mil. Guangdong Hongtu Technology Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,491 Mil. Hence, Guangdong Hongtu Technology Holdings Co's Days Payable for the three months ended in Mar. 2024 was 171.14.

The historical rank and industry rank for Guangdong Hongtu Technology Holdings Co's Days Payable or its related term are showing as below:

SZSE:002101' s Days Payable Range Over the Past 10 Years
Min: 100.13 Med: 121.52 Max: 152.28
Current: 138.32

During the past 13 years, Guangdong Hongtu Technology Holdings Co's highest Days Payable was 152.28. The lowest was 100.13. And the median was 121.52.

SZSE:002101's Days Payable is ranked better than
50.61% of 1067 companies
in the Metals & Mining industry
Industry Median: 131.81 vs SZSE:002101: 138.32

Guangdong Hongtu Technology Holdings Co's Days Payable increased from Mar. 2023 (144.10) to Mar. 2024 (171.14). It may suggest that Guangdong Hongtu Technology Holdings Co delayed paying its suppliers.

Guangdong Hongtu Technology Holdings Co Days Payable Historical Data

The historical data trend for Guangdong Hongtu Technology Holdings 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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Guangdong Hongtu Technology Holdings Co Days Payable Chart

Guangdong Hongtu Technology Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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123.15

139.45

127.42

121.88

152.28

Guangdong Hongtu Technology Holdings 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															144.10	137.73	126.64	128.14	171.14

Competitive Comparison of Guangdong Hongtu Technology Holdings Co's Days Payable

For the Aluminum subindustry, Guangdong Hongtu Technology Holdings 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.

Guangdong Hongtu Technology Holdings Co's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Guangdong Hongtu Technology Holdings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangdong Hongtu Technology Holdings Co's Days Payable falls into.

Guangdong Hongtu Technology Holdings 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.

Guangdong Hongtu Technology Holdings 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
=	( (2063.659	+	3083.126)	/	2 )	/	6168.318	*	365
=	2573.3925					/	6168.318	*	365
=	152.28

Guangdong Hongtu Technology Holdings 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
=	( (3083.126	+	2510.542)	/	2 )	/	1491.202	*	365 / 4
=	2796.834					/	1491.202	*	365 / 4
=	171.14

Guangdong Hongtu Technology Holdings Co Days Payable Related Terms

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Guangdong Hongtu Technology Holdings Co (SZSE:002101) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Guangdong Hongtu Technology Holdings Co Ltd (SZSE:002101) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 168 Century Avenue, Jindu, Gaoyao, Guangdong, CHN, 526108

Website

http://www.ght-china.com

Guangdong Hongtu Technology Holdings Co Ltd is a manufacturer of precision aluminum alloy die castings in southern China. Its products include Automotive parts, Telecommunication parts, and Mechanical parts. Its aluminum alloy die casting parts are mainly applied for automobiles, motorcycles, household appliances, electronic devices, communication equipment and machinery.

Executives

Xu Fei Yue	Directors, executives
Liu Gang Nian	Executives
Mo Jin Gang	Directors, executives
Mo Jian Zhong	Executives
Liao Jian	Director
Wang Tao	Director
Huang Jie Feng	Executives
Chen De Fu	Director
Zhang Min	Director

Guangdong Hongtu Technology Holdings Co (SZSE:002101) Headlines

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