YingTong Telecommunication Co (SZSE:002861) Days Payable : 141.36 (As of Mar. 2024)

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What is YingTong Telecommunication Co Days Payable?

YingTong Telecommunication Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥204.9 Mil. YingTong Telecommunication Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥132.2 Mil. Hence, YingTong Telecommunication Co's Days Payable for the three months ended in Mar. 2024 was 141.36.

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

SZSE:002861' s Days Payable Range Over the Past 10 Years
Min: 47.83 Med: 91.77 Max: 116.85
Current: 116.85

During the past 13 years, YingTong Telecommunication Co's highest Days Payable was 116.85. The lowest was 47.83. And the median was 91.77.

SZSE:002861's Days Payable is ranked better than
76.7% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs SZSE:002861: 116.85

YingTong Telecommunication Co's Days Payable declined from Mar. 2023 (149.15) to Mar. 2024 (141.36). It may suggest that YingTong Telecommunication Co accelerated paying its suppliers.

YingTong Telecommunication Co Days Payable Historical Data

The historical data trend for YingTong Telecommunication 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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YingTong Telecommunication Co Days Payable Chart

YingTong Telecommunication Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

97.02

88.58

97.17

110.92

115.65

YingTong Telecommunication Co 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															149.15	100.72	115.42	133.58	141.36

Competitive Comparison of YingTong Telecommunication Co's Days Payable

For the Communication Equipment subindustry, YingTong Telecommunication 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.

YingTong Telecommunication Co's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where YingTong Telecommunication Co's Days Payable falls into.

YingTong Telecommunication 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.

YingTong Telecommunication 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
=	( (169.008	+	222.24)	/	2 )	/	617.398	*	365
=	195.624					/	617.398	*	365
=	115.65

YingTong Telecommunication Co'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
=	( (222.24	+	187.469)	/	2 )	/	132.239	*	365 / 4
=	204.8545					/	132.239	*	365 / 4
=	141.36

YingTong Telecommunication Co Days Payable Related Terms

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YingTong Telecommunication Co (SZSE:002861) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » YingTong Telecommunication Co Ltd (SZSE:002861) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Xinta Community, Economic Development Zone, Tongcheng County, Hubei Province, Lishui, CHN, 437400

Website

http://www.yingtong-wire.com

YingTong Telecommunication Co Ltd, formerly Hubei Yingtong Telecommunication Cable Co Ltd is a Chinese company engaged in offering solutions in the field of communication wire and electro-acoustic products. It is engaged in the research and development, production and sales of earphone wire, data cable, semi-finished earphone, earphone finished product, and smart wearables.

Executives

Zuo Gui Ming	Director
Huang Hui	Directors, executives
Wu Zhong Jia	Executives
Xiao Jin Ming	Director
Zuo Sun E	Director

YingTong Telecommunication Co (SZSE:002861) Headlines

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