Nantong Jianghai Capacitor Co (SZSE:002484) Days Payable : 128.09 (As of Mar. 2024)

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What is Nantong Jianghai Capacitor Co Days Payable?

Nantong Jianghai Capacitor Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,127 Mil. Nantong Jianghai Capacitor Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥803 Mil. Hence, Nantong Jianghai Capacitor Co's Days Payable for the three months ended in Mar. 2024 was 128.09.

The historical rank and industry rank for Nantong Jianghai Capacitor Co's Days Payable or its related term are showing as below:

SZSE:002484' s Days Payable Range Over the Past 10 Years
Min: 84.42 Med: 112.05 Max: 128.58
Current: 121.52

During the past 13 years, Nantong Jianghai Capacitor Co's highest Days Payable was 128.58. The lowest was 84.42. And the median was 112.05.

SZSE:002484's Days Payable is ranked better than
70.16% of 2929 companies
in the Industrial Products industry
Industry Median: 76.43 vs SZSE:002484: 121.52

Nantong Jianghai Capacitor Co's Days Payable increased from Mar. 2023 (123.24) to Mar. 2024 (128.09). It may suggest that Nantong Jianghai Capacitor Co delayed paying its suppliers.

Nantong Jianghai Capacitor Co Days Payable Historical Data

The historical data trend for Nantong Jianghai Capacitor 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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Nantong Jianghai Capacitor Co Days Payable Chart

Nantong Jianghai Capacitor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

128.58

124.85

108.53

108.16

116.25

Nantong Jianghai Capacitor 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															123.24	118.70	112.02	129.35	128.09

Competitive Comparison of Nantong Jianghai Capacitor Co's Days Payable

For the Electrical Equipment & Parts subindustry, Nantong Jianghai Capacitor 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.

Nantong Jianghai Capacitor Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nantong Jianghai Capacitor Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nantong Jianghai Capacitor Co's Days Payable falls into.

Nantong Jianghai Capacitor 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.

Nantong Jianghai Capacitor 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
=	( (1161.157	+	1120.327)	/	2 )	/	3581.565	*	365
=	1140.742					/	3581.565	*	365
=	116.25

Nantong Jianghai Capacitor 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
=	( (1120.327	+	1134.655)	/	2 )	/	803.223	*	365 / 4
=	1127.491					/	803.223	*	365 / 4
=	128.09

Nantong Jianghai Capacitor Co Days Payable Related Terms

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Nantong Jianghai Capacitor Co (SZSE:002484) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nantong Jianghai Capacitor Co Ltd (SZSE:002484) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No.79 Tongyang South Road, Pingchao Town, Nantong, Jiangsu, CHN, 226361

Website

http://www.jianghai.com

Nantong Jianghai Capacitor Co Ltd is mainly engaged in the manufacture, sales, and service of capacitors, related materials, and accessories. Its products include aluminum electrolytic capacitor, film capacitor, a super capacitor. The company's products are used in various fields, including industrial automation, power supply, consumer electronics, lifting equipment, transportation, and new energy sectors.

Executives

Lu Jun	Directors, executives
Shao Guo Zhu	Executives
Ding Ji Hua	Directors, executives
Gu Hong Zhong	Executives
Gu Yi Ming	Executives
Wang Jun	Executives
Xu Yong Hua	Executives
Wang Han Ming	Directors, executives
Xu You Long	Independent director
Song Guo Hua	Supervisors
Chen Wei Dong	Director
Shao Mei Juan	Supervisors
Chen Zhong Yi	Independent director
Cheng Zhi Ming	Independent director

Nantong Jianghai Capacitor Co (SZSE:002484) Headlines

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