Shenzhen Colibri Technologies Co (SZSE:002957) Days Payable : 289.30 (As of Mar. 2024)

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What is Shenzhen Colibri Technologies Co Days Payable?

Shenzhen Colibri Technologies Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,092 Mil. Shenzhen Colibri Technologies Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥345 Mil. Hence, Shenzhen Colibri Technologies Co's Days Payable for the three months ended in Mar. 2024 was 289.30.

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

SZSE:002957' s Days Payable Range Over the Past 10 Years
Min: 55.79 Med: 111.7 Max: 229.85
Current: 228.03

During the past 10 years, Shenzhen Colibri Technologies Co's highest Days Payable was 229.85. The lowest was 55.79. And the median was 111.70.

SZSE:002957's Days Payable is ranked better than
89.91% of 2923 companies
in the Industrial Products industry
Industry Median: 76.67 vs SZSE:002957: 228.03

Shenzhen Colibri Technologies Co's Days Payable declined from Mar. 2023 (339.83) to Mar. 2024 (289.30). It may suggest that Shenzhen Colibri Technologies Co accelerated paying its suppliers.

Shenzhen Colibri Technologies Co Days Payable Historical Data

The historical data trend for Shenzhen Colibri Technologies 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 Colibri Technologies Co Days Payable Chart

Shenzhen Colibri Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

99.78

107.97

180.17

194.03

229.85

Shenzhen Colibri Technologies 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															339.83	266.76	218.16	172.03	289.30

Competitive Comparison of Shenzhen Colibri Technologies Co's Days Payable

For the Specialty Industrial Machinery subindustry, Shenzhen Colibri Technologies 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 Colibri Technologies Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen Colibri Technologies Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen Colibri Technologies Co's Days Payable falls into.

Shenzhen Colibri Technologies 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 Colibri Technologies 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
=	( (1288.85	+	1112.938)	/	2 )	/	1907.024	*	365
=	1200.894					/	1907.024	*	365
=	229.85

Shenzhen Colibri Technologies 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
=	( (1112.938	+	1071.802)	/	2 )	/	344.557	*	365 / 4
=	1092.37					/	344.557	*	365 / 4
=	289.30

Shenzhen Colibri Technologies Co Days Payable Related Terms

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Shenzhen Colibri Technologies Co (SZSE:002957) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Colibri Technologies Co Ltd (SZSE:002957) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1/F, 7th Zhonggang Building, Maqueling Estate, Hi-Tech Industrial Park, Guangdong Province, Shenzhen, CHN, 518057

Website

http://www.colibri.com

Shenzhen Colibri Technologies Co Ltd is a technology-oriented automation company. It offers simple solutions encompassing advanced design, research and development, processing, and project management services. It provides customised technological solutions in three areas: precision automated equipment design and build, precision equipment replication and precision machining, tool and die.

Executives

Li Dan Dan	Executives
Rao Le Le	Executives

Shenzhen Colibri Technologies Co (SZSE:002957) Headlines

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