Chengdu Xinzhu Road&Bridge Machinery Co (SZSE:002480) Days Payable : 1,403.93 (As of Mar. 2025)

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What is Chengdu Xinzhu Road&Bridge Machinery Co Days Payable?

Chengdu Xinzhu Road&Bridge Machinery Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥3,100 Mil. Chengdu Xinzhu Road&Bridge Machinery Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥202 Mil. Hence, Chengdu Xinzhu Road&Bridge Machinery Co's Days Payable for the three months ended in Mar. 2025 was 1,403.93.

The historical rank and industry rank for Chengdu Xinzhu Road&Bridge Machinery Co's Days Payable or its related term are showing as below:

SZSE:002480' s Days Payable Range Over the Past 10 Years
Min: 247.37 Med: 395.48 Max: 635.19
Current: 635.19

During the past 13 years, Chengdu Xinzhu Road&Bridge Machinery Co's highest Days Payable was 635.19. The lowest was 247.37. And the median was 395.48.

SZSE:002480's Days Payable is ranked better than
98.56% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 67.62 vs SZSE:002480: 635.19

Chengdu Xinzhu Road&Bridge Machinery Co's Days Payable increased from Mar. 2024 (750.63) to Mar. 2025 (1,403.93). It may suggest that Chengdu Xinzhu Road&Bridge Machinery Co delayed paying its suppliers.

Chengdu Xinzhu Road&Bridge Machinery Co Days Payable Historical Data

The historical data trend for Chengdu Xinzhu Road&Bridge 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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Chengdu Xinzhu Road&Bridge Machinery Co Days Payable Chart

Chengdu Xinzhu Road&Bridge Machinery Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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385.55

420.52

414.30

405.41

578.37

Chengdu Xinzhu Road&Bridge Machinery Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															750.63	520.20	673.69	468.15	1,403.93

Competitive Comparison of Chengdu Xinzhu Road&Bridge Machinery Co's Days Payable

For the Farm & Heavy Construction Machinery subindustry, Chengdu Xinzhu Road&Bridge 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.

Chengdu Xinzhu Road&Bridge Machinery Co's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Chengdu Xinzhu Road&Bridge Machinery Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chengdu Xinzhu Road&Bridge Machinery Co's Days Payable falls into.

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Chengdu Xinzhu Road&Bridge 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.

Chengdu Xinzhu Road&Bridge Machinery Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (2633.558	+	3194.617)	/	2 )	/	1839.044	*	365
=	2914.0875					/	1839.044	*	365
=	578.37

Chengdu Xinzhu Road&Bridge Machinery Co's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (3194.617	+	3006.335)	/	2 )	/	201.519	*	365 / 4
=	3100.476					/	201.519	*	365 / 4
=	1,403.93

Chengdu Xinzhu Road&Bridge Machinery Co Days Payable Related Terms

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Chengdu Xinzhu Road&Bridge Machinery Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Chengdu Xinzhu Road&Bridge Machinery Co Ltd (SZSE:002480) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Huaqiao Industrial Zone, Xinjin, Chengdu, CHN, 611430

Website

http://www.xinzhu.com

Chengdu Xinzhu Road&Bridge Machinery Co Ltd mainly designs and produce functional parts and materials of a bridge, project machinery, and urban rail transportation equipment. Its products are utilized home and abroad by a road, railway, airport, hydraulic and municipal engineering. Chengdu Xinzhu's customers cover all over the country and Southeast Asia, the Middle East, Africa and Russia.

Executives

Jia Xiu Ying	Directors, executives
Wang Bin	Supervisors
Yang Li	Supervisors
Xia Yu Long	Executives
Heng Fu Ming	Executives
Yang Yong Lin	Directors, executives
Gong Yong	Supervisors
Chen Xiang Yue	Executives
Zhang Yang	Directors, executives
Zhang Yu Lan	Supervisors
Du Xiao Feng	Directors, executives
Huang Zhi Ming	Director
Feng Ke Min	Directors, executives
Chen Han Zhong	Supervisors
Peng Bo	Director

Chengdu Xinzhu Road&Bridge Machinery Co Headlines

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