Guangdong Senssun Weighing Apparatus Group (SZSE:002870) Days Payable : 105.85 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Guangdong Senssun Weighing Apparatus Group Days Payable?

Guangdong Senssun Weighing Apparatus Group's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,313 Mil. Guangdong Senssun Weighing Apparatus Group's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,132 Mil. Hence, Guangdong Senssun Weighing Apparatus Group's Days Payable for the three months ended in Mar. 2024 was 105.85.

The historical rank and industry rank for Guangdong Senssun Weighing Apparatus Group's Days Payable or its related term are showing as below:

SZSE:002870' s Days Payable Range Over the Past 10 Years
Min: 56.3 Med: 82.02 Max: 333.63
Current: 95.01

During the past 12 years, Guangdong Senssun Weighing Apparatus Group's highest Days Payable was 333.63. The lowest was 56.30. And the median was 82.02.

SZSE:002870's Days Payable is ranked better than
68.44% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs SZSE:002870: 95.01

Guangdong Senssun Weighing Apparatus Group's Days Payable declined from Mar. 2023 (120.59) to Mar. 2024 (105.85). It may suggest that Guangdong Senssun Weighing Apparatus Group accelerated paying its suppliers.

Guangdong Senssun Weighing Apparatus Group Days Payable Historical Data

The historical data trend for Guangdong Senssun Weighing Apparatus Group'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.

* Premium members only.

Guangdong Senssun Weighing Apparatus Group Days Payable Chart

Guangdong Senssun Weighing Apparatus Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

95.77

333.63

105.11

117.64

110.62

Guangdong Senssun Weighing Apparatus Group 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															120.59	99.31	85.08	90.99	105.85

Competitive Comparison of Guangdong Senssun Weighing Apparatus Group's Days Payable

For the Scientific & Technical Instruments subindustry, Guangdong Senssun Weighing Apparatus Group'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.

Guangdong Senssun Weighing Apparatus Group's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangdong Senssun Weighing Apparatus Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangdong Senssun Weighing Apparatus Group's Days Payable falls into.

Guangdong Senssun Weighing Apparatus Group 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.

Guangdong Senssun Weighing Apparatus Group'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
=	( (1277.649	+	1374.832)	/	2 )	/	4375.883	*	365
=	1326.2405					/	4375.883	*	365
=	110.62

Guangdong Senssun Weighing Apparatus Group'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
=	( (1374.832	+	1251.014)	/	2 )	/	1131.81	*	365 / 4
=	1312.923					/	1131.81	*	365 / 4
=	105.85

Guangdong Senssun Weighing Apparatus Group Days Payable Related Terms

Thank you for viewing the detailed overview of Guangdong Senssun Weighing Apparatus Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Guangdong Senssun Weighing Apparatus Group (SZSE:002870) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guangdong Senssun Weighing Apparatus Group Ltd (SZSE:002870) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

East of Qiwan Road,, Baishawan Industrial Park, East District, Guangdong Province, Zhongshan, CHN, 528403

Website

http://www.senssun.com

Guangdong Senssun Weighing Apparatus Group Ltd is mainly engaged in the research and development, production and sales of household health (home scale) products, commercial weighing (commercial weighing) products and intelligent measuring products. It focuses on product that includes human scales, fat scales, kitchen scales, pocket scales, luggage scales and other smart household scales; Safety traceability scales, bar code scales, electronic price scales, electronic platform scales and other intelligent commercial scales.

Executives

Zhao Yu Kun	Director
Liu Huan Guang	Directors, executives

Guangdong Senssun Weighing Apparatus Group (SZSE:002870) Headlines

No Headlines