Shenzhen Aoto Electronics Co (SZSE:002587) Days Payable : 434.06 (As of Sep. 2024)

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What is Shenzhen Aoto Electronics Co Days Payable?

Shenzhen Aoto Electronics Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥433.7 Mil. Shenzhen Aoto Electronics Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥91.2 Mil. Hence, Shenzhen Aoto Electronics Co's Days Payable for the three months ended in Sep. 2024 was 434.06.

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

SZSE:002587' s Days Payable Range Over the Past 10 Years
Min: 109.89 Med: 253.56 Max: 441.66
Current: 380.37

During the past 13 years, Shenzhen Aoto Electronics Co's highest Days Payable was 441.66. The lowest was 109.89. And the median was 253.56.

SZSE:002587's Days Payable is ranked better than
96.56% of 2416 companies
in the Hardware industry
Industry Median: 68.85 vs SZSE:002587: 380.37

Shenzhen Aoto Electronics Co's Days Payable increased from Sep. 2023 (360.39) to Sep. 2024 (434.06). It may suggest that Shenzhen Aoto Electronics Co delayed paying its suppliers.

Shenzhen Aoto Electronics Co Days Payable Historical Data

The historical data trend for Shenzhen Aoto Electronics 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 Aoto Electronics Co Days Payable Chart

Shenzhen Aoto Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

342.00

431.24

351.02

379.55

441.66

Shenzhen Aoto Electronics Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															360.39	322.49	383.51	412.16	434.06

Competitive Comparison of Shenzhen Aoto Electronics Co's Days Payable

For the Electronic Components subindustry, Shenzhen Aoto Electronics 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 Aoto Electronics Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Aoto Electronics Co's Days Payable distribution charts can be found below:

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

Shenzhen Aoto Electronics 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 Aoto Electronics 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
=	( (565.575	+	446.604)	/	2 )	/	418.244	*	365
=	506.0895					/	418.244	*	365
=	441.66

Shenzhen Aoto Electronics Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (454.953	+	412.466)	/	2 )	/	91.177	*	365 / 4
=	433.7095					/	91.177	*	365 / 4
=	434.06

Shenzhen Aoto Electronics Co Days Payable Related Terms

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Shenzhen Aoto Electronics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Aoto Electronics Co Ltd (SZSE:002587) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

B, 6/F, Phase A, T2 Building, South District, Hi-Tech Industrial Park, Shenzhen, CHN, 518057

Website

http://www.szaoto.com.cn

Shenzhen Aoto Electronics Co Ltd is mainly engaged in LED display system and electronic receipt system development, design, production, sale and related professional services in China. Its LED products are mainly used in sports, media advertising, entertainment leasing, transportation, television stations, command centers and smart city landscape lighting.

Executives

Wu Han Qu	Director
Peng Shi Xin	Executives
Qiu Rong Bang	Supervisors
Yang Jian Zhong	Director
Zhao Xu Feng	Executives
Yang Wen Chao	Director
Shen Yong Jian	Directors, executives
Yang Si Hua	Directors, executives
Wu Zhen Zhi	Executives
Jiao Ren Quan	Executives
Huang Bin	Supervisors
Guo Wei Hua	Director
Shen Yi	Executives, directors
Li Jun	Secretary Dong

Shenzhen Aoto Electronics Co Headlines

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