Shenzhen Kingsino Technology Co (SZSE:002548) Days Payable : 37.06 (As of Dec. 2024)

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What is Shenzhen Kingsino Technology Co Days Payable?

Shenzhen Kingsino Technology Co's average Accounts Payable for the three months ended in Dec. 2024 was ¥413 Mil. Shenzhen Kingsino Technology Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ¥1,016 Mil. Hence, Shenzhen Kingsino Technology Co's Days Payable for the three months ended in Dec. 2024 was 37.06.

The historical rank and industry rank for Shenzhen Kingsino Technology Co's Days Payable or its related term are showing as below:

SZSE:002548' s Days Payable Range Over the Past 10 Years
Min: 27.28 Med: 42.79 Max: 64.14
Current: 36.85

During the past 13 years, Shenzhen Kingsino Technology Co's highest Days Payable was 64.14. The lowest was 27.28. And the median was 42.79.

SZSE:002548's Days Payable is ranked worse than
61.75% of 1830 companies
in the Consumer Packaged Goods industry
Industry Median: 45.895 vs SZSE:002548: 36.85

Shenzhen Kingsino Technology Co's Days Payable declined from Dec. 2023 (47.74) to Dec. 2024 (37.06). It may suggest that Shenzhen Kingsino Technology Co accelerated paying its suppliers.

Shenzhen Kingsino Technology Co Days Payable Historical Data

The historical data trend for Shenzhen Kingsino Technology 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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Shenzhen Kingsino Technology Co Days Payable Chart

Shenzhen Kingsino Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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44.91

44.83

50.97

40.74

40.02

Shenzhen Kingsino Technology Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															47.74	40.37	34.79	32.42	37.06

Competitive Comparison of Shenzhen Kingsino Technology Co's Days Payable

For the Packaged Foods subindustry, Shenzhen Kingsino Technology 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.

Shenzhen Kingsino Technology Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shenzhen Kingsino Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen Kingsino Technology Co's Days Payable falls into.

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Shenzhen Kingsino Technology 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.

Shenzhen Kingsino Technology 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
=	( (473.642	+	420.737)	/	2 )	/	4078.868	*	365
=	447.1895					/	4078.868	*	365
=	40.02

Shenzhen Kingsino Technology Co's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (404.755	+	420.737)	/	2 )	/	1016.161	*	365 / 4
=	412.746					/	1016.161	*	365 / 4
=	37.06

Shenzhen Kingsino Technology Co Days Payable Related Terms

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Shenzhen Kingsino Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shenzhen Kingsino Technology Co Ltd (SZSE:002548) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 18, Guangdian North Road, Guangming Street, Jinxinnong Building, Guangming District, Shenzhen, CHN, 518106

Website

http://www.kingsino.cn

Shenzhen Kingsino Technology Co Ltd formerly known as Shenzhen Jinxinnong Technology Co Ltd is engaged in the business of pig feed research and production, breeding pig breeding, animal protection veterinary drugs and Internet communication technology.

Executives

Tang Fei Bing	Executives
Qian Zi Long	Executives
Di Wei Bing	Directors, executives
Chen Wen Bin	Executives
Chen Jun Hai	Director
Zhao Zu Kai	Executives
Wang Jian Neng	Directors, executives
Yang Hua Lin	Supervisors
Li Xue	Director
Lin Xue	Supervisors
Cai Zhang Xing	Director
Liu Chao	Supervisors
Li Bin	Independent director
Zhang Guo En	Supervisors
Liu Yang	Executives

Shenzhen Kingsino Technology Co Headlines

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