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Zhejiang East Crystal Electronic Co (SZSE:002199) Days Payable : 144.37 (As of Mar. 2024)


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What is Zhejiang East Crystal Electronic Co Days Payable?

Zhejiang East Crystal Electronic Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥66.0 Mil. Zhejiang East Crystal Electronic Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥41.7 Mil. Hence, Zhejiang East Crystal Electronic Co's Days Payable for the three months ended in Mar. 2024 was 144.37.

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

SZSE:002199' s Days Payable Range Over the Past 10 Years
Min: 115.08   Med: 163.8   Max: 240.11
Current: 137.99

During the past 13 years, Zhejiang East Crystal Electronic Co's highest Days Payable was 240.11. The lowest was 115.08. And the median was 163.80.

SZSE:002199's Days Payable is ranked better than
82.15% of 2426 companies
in the Hardware industry
Industry Median: 68.08 vs SZSE:002199: 137.99

Zhejiang East Crystal Electronic Co's Days Payable declined from Mar. 2023 (204.92) to Mar. 2024 (144.37). It may suggest that Zhejiang East Crystal Electronic Co accelerated paying its suppliers.


Zhejiang East Crystal Electronic Co Days Payable Historical Data

The historical data trend for Zhejiang East Crystal Electronic 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.

* Premium members only.

Zhejiang East Crystal Electronic Co Days Payable Chart

Zhejiang East Crystal Electronic Co 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 115.08 115.85 146.26 213.72 153.49

Zhejiang East Crystal Electronic 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 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 204.92 137.16 165.28 106.32 144.37

Competitive Comparison of Zhejiang East Crystal Electronic Co's Days Payable

For the Electronic Components subindustry, Zhejiang East Crystal Electronic 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 East Crystal Electronic Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhejiang East Crystal Electronic Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang East Crystal Electronic Co's Days Payable falls into.



Zhejiang East Crystal Electronic 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 East Crystal Electronic 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
=( (77.242 + 59.703) / 2 ) / 162.827*365
=68.4725 / 162.827*365
=153.49

Zhejiang East Crystal Electronic 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
=( (59.703 + 72.338) / 2 ) / 41.73*365 / 4
=66.0205 / 41.73*365 / 4
=144.37

* 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.


Zhejiang East Crystal Electronic Co Days Payable Related Terms

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Zhejiang East Crystal Electronic Co (SZSE:002199) Business Description

Traded in Other Exchanges
N/A
Address
No. 555 Binhong Road Section 2, Jinhua, Zhejiang, CHN, 321017
Zhejiang East Crystal Electronic Co Ltd is specialized in manufacturing of electronic components. The company's main products include quartz crystal units, quartz crystal oscillator, and porcelain capacitors. These products are used in automotive electronics and household appliances such as television, computer, and mobile phones.
Executives
Yuan Yan Director
Chi Xu Ming Directors, executives
Yu Shang Dong Director
Fang Lin Supervisors
Jin Liang Rong Directors, executives
Wu Zong Ze Directors, Directors, and Executives
Li Qing Yue Director
Yang Ya Ping Supervisors
Chen Li Ping Director

Zhejiang East Crystal Electronic Co (SZSE:002199) Headlines

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