HuBei NengTer Technology Co (SZSE:002102) Days Payable : 77.98 (As of Mar. 2024)

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What is HuBei NengTer Technology Co Days Payable?

HuBei NengTer Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥2,529 Mil. HuBei NengTer Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,959 Mil. Hence, HuBei NengTer Technology Co's Days Payable for the three months ended in Mar. 2024 was 77.98.

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

SZSE:002102' s Days Payable Range Over the Past 10 Years
Min: 25.01 Med: 70.23 Max: 184.08
Current: 73.94

During the past 13 years, HuBei NengTer Technology Co's highest Days Payable was 184.08. The lowest was 25.01. And the median was 70.23.

SZSE:002102's Days Payable is ranked better than
63.42% of 473 companies
in the Conglomerates industry
Industry Median: 59.39 vs SZSE:002102: 73.94

HuBei NengTer Technology Co's Days Payable increased from Mar. 2023 (72.47) to Mar. 2024 (77.98). It may suggest that HuBei NengTer Technology Co delayed paying its suppliers.

HuBei NengTer Technology Co Days Payable Historical Data

The historical data trend for HuBei NengTer 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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HuBei NengTer Technology Co Days Payable Chart

HuBei NengTer Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

37.26

63.63

73.97

76.73

85.80

HuBei NengTer 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															72.47	77.25	69.88	70.52	77.98

Competitive Comparison of HuBei NengTer Technology Co's Days Payable

For the Conglomerates subindustry, HuBei NengTer 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.

HuBei NengTer Technology Co's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, HuBei NengTer Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where HuBei NengTer Technology Co's Days Payable falls into.

HuBei NengTer 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.

HuBei NengTer 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
=	( (2357.581	+	2738.949)	/	2 )	/	10839.951	*	365
=	2548.265					/	10839.951	*	365
=	85.80

HuBei NengTer 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
=	( (2738.949	+	2318.226)	/	2 )	/	2958.804	*	365 / 4
=	2528.5875					/	2958.804	*	365 / 4
=	77.98

HuBei NengTer Technology Co Days Payable Related Terms

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HuBei NengTer Technology Co (SZSE:002102) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » HuBei NengTer Technology Co Ltd (SZSE:002102) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Guanfu Industrial Park, Tuban Village, Dehua County, Fujian Province, Quanzhou, CHN, 362500

Website

http://www.guanfu.com

Guanfu Holdings Co Ltd is engaged in Research & Development, production and sales of pharmaceutical intermediates and vitamin E; plastic trading e-commerce business; investment real estate leasing business; gold mining business, and commercial factoring business.

Executives

Lin Wen Zhi	Directors, executives
Zhang Rong Hua	Directors, executives
Huang Hua Lun	Supervisors, securities affairs representatives

HuBei NengTer Technology Co (SZSE:002102) Headlines

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