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Tianjin Printronics Circuit (SZSE:002134) Days Payable : 188.89 (As of Mar. 2024)


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What is Tianjin Printronics Circuit Days Payable?

Tianjin Printronics Circuit's average Accounts Payable for the three months ended in Mar. 2024 was ¥423.0 Mil. Tianjin Printronics Circuit's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥204.3 Mil. Hence, Tianjin Printronics Circuit's Days Payable for the three months ended in Mar. 2024 was 188.89.

The historical rank and industry rank for Tianjin Printronics Circuit's Days Payable or its related term are showing as below:

SZSE:002134' s Days Payable Range Over the Past 10 Years
Min: 111   Med: 142.55   Max: 245.41
Current: 190.67

During the past 13 years, Tianjin Printronics Circuit's highest Days Payable was 245.41. The lowest was 111.00. And the median was 142.55.

SZSE:002134's Days Payable is ranked better than
90.47% of 965 companies
in the Semiconductors industry
Industry Median: 51.64 vs SZSE:002134: 190.67

Tianjin Printronics Circuit's Days Payable declined from Mar. 2023 (191.94) to Mar. 2024 (188.89). It may suggest that Tianjin Printronics Circuit accelerated paying its suppliers.


Tianjin Printronics Circuit Days Payable Historical Data

The historical data trend for Tianjin Printronics Circuit'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.

* Premium members only.

Tianjin Printronics Circuit Days Payable Chart

Tianjin Printronics Circuit Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 161.84 141.67 143.42 222.33 245.41

Tianjin Printronics Circuit 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 191.94 165.00 182.45 199.19 188.89

Competitive Comparison of Tianjin Printronics Circuit's Days Payable

For the Semiconductors subindustry, Tianjin Printronics Circuit'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.


Tianjin Printronics Circuit's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tianjin Printronics Circuit's Days Payable distribution charts can be found below:

* The bar in red indicates where Tianjin Printronics Circuit's Days Payable falls into.



Tianjin Printronics Circuit 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.

Tianjin Printronics Circuit'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
=( (273.163 + 402.877) / 2 ) / 502.738*365
=338.02 / 502.738*365
=245.41

Tianjin Printronics Circuit'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
=( (402.877 + 443.123) / 2 ) / 204.344*365 / 4
=423 / 204.344*365 / 4
=188.89

* 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.


Tianjin Printronics Circuit Days Payable Related Terms

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Tianjin Printronics Circuit (SZSE:002134) Business Description

Traded in Other Exchanges
N/A
Address
No. 53 Hanghai Road, Tianjin Port Logistics Center, Tianjin Airport Free Trade Zone, Tianjin, CHN, 300308
Tianjin Printronics Circuit Corp is engaged in the manufacturing traditional rigid printed circuit boards and HDI printed circuit boards for mobile phones and developing communication back plate. The products are applied in different fields which include industrial automation control, telecommunication, aviation and aerospace, and instrument and meters, and consumer electronics. The products of the company include rigid flex board, step board, black solder mask multi-layer board, and, normal board.
Executives
Lin Xiao Hua Secretary Dong

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