Shenzhen Prince New Materials Co (SZSE:002735) Days Payable : 140.99 (As of Mar. 2025)

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What is Shenzhen Prince New Materials Co Days Payable?

Shenzhen Prince New Materials Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥678 Mil. Shenzhen Prince New Materials Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥439 Mil. Hence, Shenzhen Prince New Materials Co's Days Payable for the three months ended in Mar. 2025 was 140.99.

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

SZSE:002735' s Days Payable Range Over the Past 10 Years
Min: 78.49 Med: 84.08 Max: 122.2
Current: 109.82

During the past 13 years, Shenzhen Prince New Materials Co's highest Days Payable was 122.20. The lowest was 78.49. And the median was 84.08.

SZSE:002735's Days Payable is ranked better than
81.98% of 383 companies
in the Packaging & Containers industry
Industry Median: 58.36 vs SZSE:002735: 109.82

Shenzhen Prince New Materials Co's Days Payable increased from Mar. 2024 (116.92) to Mar. 2025 (140.99). It may suggest that Shenzhen Prince New Materials Co delayed paying its suppliers.

Shenzhen Prince New Materials Co Days Payable Historical Data

The historical data trend for Shenzhen Prince New Materials 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 Prince New Materials Co Days Payable Chart

Shenzhen Prince New Materials Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

93.37

88.74

81.76

97.47

122.20

Shenzhen Prince New Materials Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															116.92	94.47	111.17	96.37	140.99

Competitive Comparison of Shenzhen Prince New Materials Co's Days Payable

For the Packaging & Containers subindustry, Shenzhen Prince New Materials 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 Prince New Materials Co's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Shenzhen Prince New Materials Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen Prince New Materials Co's Days Payable falls into.

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Shenzhen Prince New Materials 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 Prince New Materials 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
=	( (432.063	+	676.082)	/	2 )	/	1654.903	*	365
=	554.0725					/	1654.903	*	365
=	122.20

Shenzhen Prince New Materials Co's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (676.082	+	679.269)	/	2 )	/	438.612	*	365 / 4
=	677.6755					/	438.612	*	365 / 4
=	140.99

Shenzhen Prince New Materials Co Days Payable Related Terms

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Shenzhen Prince New Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Shenzhen Prince New Materials Co Ltd (SZSE:002735) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Industrial Park, No. 4, Fenjin Road, Longhua Street, Longhua District, Shenzhen, CHN, 518109

Website

http://www.szwzxc.com

Shenzhen Prince New Materials Co Ltd is engaged in the research and development, production and sales of plastic packaging materials. Its products include plastic packaging film, Packaging materials such as plastic trays and plastic cushioning materials are mainly used in electronic products such as computers, smartphones, and household appliances. It is a supplier of environmentally friendly packaging materials in China.

Executives

Qu Le Ming	Executives
Cai Hua	Directors, executives
Wang Wu Jun	Directors, executives
Wang Jin Jun	Directors, executives
Luo Zhong Fang	Directors, Directors, and Executives

Shenzhen Prince New Materials Co Headlines

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