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Shennan Circuits Co (SZSE:002916) Days Payable : 101.17 (As of Sep. 2024)


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What is Shennan Circuits Co Days Payable?

Shennan Circuits Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥3,911 Mil. Shennan Circuits Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥3,528 Mil. Hence, Shennan Circuits Co's Days Payable for the three months ended in Sep. 2024 was 101.17.

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

SZSE:002916' s Days Payable Range Over the Past 10 Years
Min: 84.62   Med: 102.66   Max: 115.54
Current: 100.43

During the past 13 years, Shennan Circuits Co's highest Days Payable was 115.54. The lowest was 84.62. And the median was 102.66.

SZSE:002916's Days Payable is ranked better than
70.15% of 2409 companies
in the Hardware industry
Industry Median: 68.75 vs SZSE:002916: 100.43

Shennan Circuits Co's Days Payable declined from Sep. 2023 (102.28) to Sep. 2024 (101.17). It may suggest that Shennan Circuits Co accelerated paying its suppliers.


Shennan Circuits Co Days Payable Historical Data

The historical data trend for Shennan Circuits 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.

* Premium members only.

Shennan Circuits Co Days Payable Chart

Shennan Circuits Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 104.88 100.43 96.55 108.32 108.22

Shennan Circuits 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 102.28 91.06 104.37 104.13 101.17

Competitive Comparison of Shennan Circuits Co's Days Payable

For the Electronic Components subindustry, Shennan Circuits 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.


Shennan Circuits Co's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Shennan Circuits Co's Days Payable falls into.



Shennan Circuits 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.

Shennan Circuits 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
=( (2931.264 + 3210.025) / 2 ) / 10356.705*365
=3070.6445 / 10356.705*365
=108.22

Shennan Circuits 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
=( (3684.245 + 4138.422) / 2 ) / 3527.681*365 / 4
=3911.3335 / 3527.681*365 / 4
=101.17

* 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.


Shennan Circuits Co Days Payable Related Terms

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Shennan Circuits Co Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Qiao Cheng EAST Road, Nanshan District, Shenzhen, CHN
Shennan Circuits Co Ltd is engaged in Research and development, production and sales of printed circuit boards, packaging substrates and electronic assembly products.
Executives
Wang Cheng Yong Executives
Zhang Li Jun Directors, executives
Yang Zhi Cheng Director
Zhang Li Hua Executives
Gong Jian Executives
Zhou Jin Qun Directors, executives
Xie Yan Hong Supervisors

Shennan Circuits Co Headlines

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