Aerospace CH UAV Co (SZSE:002389) Days Payable : 411.52 (As of Mar. 2024)

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What is Aerospace CH UAV Co Days Payable?

Aerospace CH UAV Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,660 Mil. Aerospace CH UAV Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥368 Mil. Hence, Aerospace CH UAV Co's Days Payable for the three months ended in Mar. 2024 was 411.52.

The historical rank and industry rank for Aerospace CH UAV Co's Days Payable or its related term are showing as below:

SZSE:002389' s Days Payable Range Over the Past 10 Years
Min: 107.46 Med: 152.79 Max: 224.54
Current: 215.48

During the past 13 years, Aerospace CH UAV Co's highest Days Payable was 224.54. The lowest was 107.46. And the median was 152.79.

SZSE:002389's Days Payable is ranked better than
83.22% of 298 companies
in the Aerospace & Defense industry
Industry Median: 78.04 vs SZSE:002389: 215.48

Aerospace CH UAV Co's Days Payable increased from Mar. 2023 (224.99) to Mar. 2024 (411.52). It may suggest that Aerospace CH UAV Co delayed paying its suppliers.

Aerospace CH UAV Co Days Payable Historical Data

The historical data trend for Aerospace CH UAV 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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Aerospace CH UAV Co Days Payable Chart

Aerospace CH UAV Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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133.39

170.92

187.49

120.66

224.54

Aerospace CH UAV 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															224.99	180.11	215.42	149.13	411.52

Competitive Comparison of Aerospace CH UAV Co's Days Payable

For the Aerospace & Defense subindustry, Aerospace CH UAV 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.

Aerospace CH UAV Co's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Aerospace CH UAV Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Aerospace CH UAV Co's Days Payable falls into.

Aerospace CH UAV 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.

Aerospace CH UAV 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
=	( (998.474	+	1659.498)	/	2 )	/	2160.361	*	365
=	1328.986					/	2160.361	*	365
=	224.54

Aerospace CH UAV 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
=	( (1659.498	+	1660.407)	/	2 )	/	368.079	*	365 / 4
=	1659.9525					/	368.079	*	365 / 4
=	411.52

Aerospace CH UAV Co Days Payable Related Terms

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Aerospace CH UAV Co (SZSE:002389) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Aerospace CH UAV Co Ltd (SZSE:002389) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

388 Boulevard Development Zone, Taizhou, CHN, 318000

Website

http://www.nykj.cc

Aerospace CH UAV Co Ltd is engaged in the development, design, production, maintenance and sales of aviation, spacecraft and equipment, film for capacitors, optical grade polyester film, solar battery back film, packaging film, capacitor manufacturing, sales, aviation, spacecraft and equipment technical consulting services, equipment leasing, computer software design, research and development, installation, commissioning and technical services.

Executives

Qin Yong Ming	Director
Shao Yi Xing	Executives
Zhang Quan	Supervisors
Zhang Li Song	Supervisors
Li Feng	Director
Huang Guo Jiang	Director
Hu Xiao Feng	Director
Du Zhi Xi	Directors, executives
Hu Mei Xiao	Directors, executives
Hong Wei	Supervisors
Wang Yun Yan	Supervisors
Feng Xiao Yu	Director
Feng Hai Bin	Supervisors

Aerospace CH UAV Co (SZSE:002389) Headlines

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