Zhejiang Yinlun Machinery Co (SZSE:002126) Days Payable : 223.02 (As of Mar. 2024)

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What is Zhejiang Yinlun Machinery Co Days Payable?

Zhejiang Yinlun Machinery Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥5,693 Mil. Zhejiang Yinlun Machinery Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,329 Mil. Hence, Zhejiang Yinlun Machinery Co's Days Payable for the three months ended in Mar. 2024 was 223.02.

The historical rank and industry rank for Zhejiang Yinlun Machinery Co's Days Payable or its related term are showing as below:

SZSE:002126' s Days Payable Range Over the Past 10 Years
Min: 158.35 Med: 182.78 Max: 233.97
Current: 221.49

During the past 13 years, Zhejiang Yinlun Machinery Co's highest Days Payable was 233.97. The lowest was 158.35. And the median was 182.78.

SZSE:002126's Days Payable is ranked better than
93.69% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 66.62 vs SZSE:002126: 221.49

Zhejiang Yinlun Machinery Co's Days Payable increased from Mar. 2023 (218.95) to Mar. 2024 (223.02). It may suggest that Zhejiang Yinlun Machinery Co delayed paying its suppliers.

Zhejiang Yinlun Machinery Co Days Payable Historical Data

The historical data trend for Zhejiang Yinlun Machinery 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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Zhejiang Yinlun Machinery Co Days Payable Chart

Zhejiang Yinlun Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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190.25

215.84

212.40

233.97

219.04

Zhejiang Yinlun Machinery 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															218.95	222.24	227.67	214.42	223.02

Competitive Comparison of Zhejiang Yinlun Machinery Co's Days Payable

For the Auto Parts subindustry, Zhejiang Yinlun Machinery 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.

Zhejiang Yinlun Machinery Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Yinlun Machinery Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Yinlun Machinery Co's Days Payable falls into.

Zhejiang Yinlun Machinery 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.

Zhejiang Yinlun Machinery 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
=	( (4700.669	+	5671.339)	/	2 )	/	8641.918	*	365
=	5186.004					/	8641.918	*	365
=	219.04

Zhejiang Yinlun Machinery 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
=	( (5671.339	+	5713.795)	/	2 )	/	2329.19	*	365 / 4
=	5692.567					/	2329.19	*	365 / 4
=	223.02

Zhejiang Yinlun Machinery Co Days Payable Related Terms

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Zhejiang Yinlun Machinery Co (SZSE:002126) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhejiang Yinlun Machinery Co Ltd (SZSE:002126) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fuxi Road, Communication and Transportation Industrial Park, Tiantai County, Taizhou, Zhejiang, CHN, 317200

Website

http://www.yinlun.com

Zhejiang Yinlun Machinery Co Ltd provides heat exchange products and services in China and internationally. It provides oil coolers, including stainless steel, aluminum, and copper-tube oil coolers; and cooling modules comprising charge air coolers, water-air intercoolers, radiator, commercial vehicle cooling, engineering machinery cooling, car front-end, and other cooling module products. The company also offers exhaust gas recirculation systems, urea-SCR systems, and aluminum die-casting parts.

Executives

Chen Jun Yi	Executives
Wang Ning	Executives
Chen Gui Qi	Supervisors
Zhu Wen Bin	Supervisors
Xu Li Fen	Securities Affairs Representative
Chen Neng Mao	Director
Li Zhong Lin	Executives
Zhou Yi Min	Director
Chai Zhong Hua	Executives
Zhu Xiao Hong	Directors, executives
Ji Shan Kui	Director
Chen Bu Fei	Director
Liu Hao	Executives
Wang Da Lun	Director
Tao Yue Zheng	Secretary Dong

Zhejiang Yinlun Machinery Co (SZSE:002126) Headlines

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