ORG Technology Co (SZSE:002701) Days Payable : 86.58 (As of Sep. 2024)

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What is ORG Technology Co Days Payable?

ORG Technology Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥2,901 Mil. ORG Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥3,057 Mil. Hence, ORG Technology Co's Days Payable for the three months ended in Sep. 2024 was 86.58.

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

SZSE:002701' s Days Payable Range Over the Past 10 Years
Min: 49.54 Med: 76.77 Max: 110.97
Current: 80.1

During the past 13 years, ORG Technology Co's highest Days Payable was 110.97. The lowest was 49.54. And the median was 76.77.

SZSE:002701's Days Payable is ranked better than
67.19% of 381 companies
in the Packaging & Containers industry
Industry Median: 58.36 vs SZSE:002701: 80.10

ORG Technology Co's Days Payable increased from Sep. 2023 (70.20) to Sep. 2024 (86.58). It may suggest that ORG Technology Co delayed paying its suppliers.

ORG Technology Co Days Payable Historical Data

The historical data trend for ORG 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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ORG Technology Co Days Payable Chart

ORG Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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110.97

95.44

75.74

77.80

74.07

ORG Technology 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															70.20	78.35	71.39	79.84	86.58

Competitive Comparison of ORG Technology Co's Days Payable

For the Packaging & Containers subindustry, ORG 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.

ORG Technology Co's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, ORG Technology Co's Days Payable distribution charts can be found below:

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

ORG 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.

ORG Technology 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
=	( (2566.685	+	2195.409)	/	2 )	/	11733.597	*	365
=	2381.047					/	11733.597	*	365
=	74.07

ORG Technology 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
=	( (2935.585	+	2865.78)	/	2 )	/	3057.042	*	365 / 4
=	2900.6825					/	3057.042	*	365 / 4
=	86.58

ORG Technology Co Days Payable Related Terms

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ORG Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » ORG Technology Co Ltd (SZSE:002701) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

YanQi Industrial Development Zone, Huai Rou District, Beijing, CHN, 101407

Website

https://www.orgtech.cn

ORG Technology Co Ltd is engaged in providing internet information services. The firm engages in offering technology development, technical services, technology testing; product design; economic and trade consultation; automatic identification and identification systems development and application; development and application of visualization and cargo tracking system; development and application of intelligent management system. Geographically it operates through China however it also holds a presence in the international market.

Executives

Zhang Shao Jun	Executives
Zhou Yuan	Director
Zhang Liang De	Executives
Shen Tao	Directors, executives
Zhou Yun Jie	Director
Jiang Xian Da	Supervisors
Huang Zhi Feng	Supervisors
Chen Yu Fei	Executives
Ma Bin Yun	Supervisors
Wang Dong	Directors, executives
Wu Duo Quan	Executives
Gao Shu Jun	Executives, directors
Chen Zhong Ge	Supervisors
Zhao Yu Hui	Directors, executives

ORG Technology Co Headlines

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