Hytera Communications (SZSE:002583) Days Payable : 177.45 (As of Mar. 2024)

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What is Hytera Communications Days Payable?

Hytera Communications's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,267 Mil. Hytera Communications's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥652 Mil. Hence, Hytera Communications's Days Payable for the three months ended in Mar. 2024 was 177.45.

The historical rank and industry rank for Hytera Communications's Days Payable or its related term are showing as below:

SZSE:002583' s Days Payable Range Over the Past 10 Years
Min: 140.17 Med: 175.76 Max: 258.11
Current: 146.4

During the past 13 years, Hytera Communications's highest Days Payable was 258.11. The lowest was 140.17. And the median was 175.76.

SZSE:002583's Days Payable is ranked better than
84.18% of 2421 companies
in the Hardware industry
Industry Median: 67.64 vs SZSE:002583: 146.40

Hytera Communications's Days Payable declined from Mar. 2023 (283.48) to Mar. 2024 (177.45). It may suggest that Hytera Communications accelerated paying its suppliers.

Hytera Communications Days Payable Historical Data

The historical data trend for Hytera Communications'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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Hytera Communications Days Payable Chart

Hytera Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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173.38

258.11

191.68

179.68

176.53

Hytera Communications 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															283.48	154.31	167.32	110.66	177.45

Competitive Comparison of Hytera Communications's Days Payable

For the Communication Equipment subindustry, Hytera Communications'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.

Hytera Communications's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hytera Communications's Days Payable distribution charts can be found below:

* The bar in red indicates where Hytera Communications's Days Payable falls into.

Hytera Communications 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.

Hytera Communications'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
=	( (1438.607	+	1341.111)	/	2 )	/	2873.792	*	365
=	1389.859					/	2873.792	*	365
=	176.53

Hytera Communications'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
=	( (1341.111	+	1193.396)	/	2 )	/	651.676	*	365 / 4
=	1267.2535					/	651.676	*	365 / 4
=	177.45

Hytera Communications Days Payable Related Terms

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Hytera Communications (SZSE:002583) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hytera Communications Corp Ltd (SZSE:002583) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

North Ring Road, No. 9108 Hytera Building, Shenzhen Hi-Tech Industrial Park North, Nanshan District, Guangdong, Shenzhen, CHN, 518057

Website

http://www.hytera.com

Hytera Communications Corp Ltd designs & manufactures professional wireless communications equipment, offering customized communication solutions to government, utility, enterprises & businesses to help achieve higher organizational efficiency.

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