Hangzhou Star Shuaier Electric Appliance Co (SZSE:002860) Days Payable : 166.28 (As of Jun. 2024)

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What is Hangzhou Star Shuaier Electric Appliance Co Days Payable?

Hangzhou Star Shuaier Electric Appliance Co's average Accounts Payable for the three months ended in Jun. 2024 was ¥892 Mil. Hangzhou Star Shuaier Electric Appliance Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥490 Mil. Hence, Hangzhou Star Shuaier Electric Appliance Co's Days Payable for the three months ended in Jun. 2024 was 166.28.

The historical rank and industry rank for Hangzhou Star Shuaier Electric Appliance Co's Days Payable or its related term are showing as below:

SZSE:002860' s Days Payable Range Over the Past 10 Years
Min: 103.99 Med: 134.61 Max: 192.86
Current: 192.86

During the past 12 years, Hangzhou Star Shuaier Electric Appliance Co's highest Days Payable was 192.86. The lowest was 103.99. And the median was 134.61.

SZSE:002860's Days Payable is ranked better than
85.37% of 2945 companies
in the Industrial Products industry
Industry Median: 75.44 vs SZSE:002860: 192.86

Hangzhou Star Shuaier Electric Appliance Co's Days Payable increased from Jun. 2023 (105.32) to Jun. 2024 (166.28). It may suggest that Hangzhou Star Shuaier Electric Appliance Co delayed paying its suppliers.

Hangzhou Star Shuaier Electric Appliance Co Days Payable Historical Data

The historical data trend for Hangzhou Star Shuaier Electric Appliance 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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Hangzhou Star Shuaier Electric Appliance Co Days Payable Chart

Hangzhou Star Shuaier Electric Appliance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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106.49

130.03

113.59

140.33

152.59

Hangzhou Star Shuaier Electric Appliance Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															105.32	184.13	196.32	250.13	166.28

Competitive Comparison of Hangzhou Star Shuaier Electric Appliance Co's Days Payable

For the Electrical Equipment & Parts subindustry, Hangzhou Star Shuaier Electric Appliance 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.

Hangzhou Star Shuaier Electric Appliance Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Star Shuaier Electric Appliance Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hangzhou Star Shuaier Electric Appliance Co's Days Payable falls into.

Hangzhou Star Shuaier Electric Appliance 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.

Hangzhou Star Shuaier Electric Appliance 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
=	( (916.533	+	1130.281)	/	2 )	/	2448.088	*	365
=	1023.407					/	2448.088	*	365
=	152.59

Hangzhou Star Shuaier Electric Appliance Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (893.964	+	890.047)	/	2 )	/	489.523	*	365 / 4
=	892.0055					/	489.523	*	365 / 4
=	166.28

Hangzhou Star Shuaier Electric Appliance Co Days Payable Related Terms

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Hangzhou Star Shuaier Electric Appliance Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hangzhou Star Shuaier Electric Appliance Co Ltd (SZSE:002860) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No.99 Jiao Jie Ling.Shou Xiang Town, Fuyang, Zhejiang, Hangzhou, CHN, 311422

Website

http://www.hzstarshuaier.com

Hangzhou Star Shuaier Electric Appliance Co Ltd is a Chinese company engaged in manufacturing electrical machinery and equipment. Its product portfolio includes overload protectors for the compressor of refrigerators and air conditioners, starters, combined starter and overload protector, and starting relay. The company products are offered throughout the world.

Executives

Xia Qi Kui	Supervisors
Lou Yue Gen	Director
Ge Yan	Executives
Sun Jian	Executives
Zhang Yong	Executives
Tang Cheng	Executives
Gao Lin Feng	Executives
Sun Hua Min	Director
Lu Qun Feng	Secretary Dong
Lu Wen Cheng	Directors, executives
Sun Hai	Executives
Lou Yong Wei	Directors, executives
Xu Li Qun	Supervisors
Niu Jian Hua	Supervisors

Hangzhou Star Shuaier Electric Appliance Co Headlines

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