Guangdong Haomei New Materials Co (SZSE:002988) Days Payable : 36.44 (As of Mar. 2025)

View and export this data going back to 2020. Start your Free Trial

What is Guangdong Haomei New Materials Co Days Payable?

Guangdong Haomei New Materials Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥597 Mil. Guangdong Haomei New Materials Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥1,494 Mil. Hence, Guangdong Haomei New Materials Co's Days Payable for the three months ended in Mar. 2025 was 36.44.

The historical rank and industry rank for Guangdong Haomei New Materials Co's Days Payable or its related term are showing as below:

SZSE:002988' s Days Payable Range Over the Past 10 Years
Min: 29.68 Med: 33.43 Max: 70.67
Current: 29.71

During the past 10 years, Guangdong Haomei New Materials Co's highest Days Payable was 70.67. The lowest was 29.68. And the median was 33.43.

SZSE:002988's Days Payable is ranked worse than
86.1% of 1029 companies
in the Metals & Mining industry
Industry Median: 132 vs SZSE:002988: 29.71

Guangdong Haomei New Materials Co's Days Payable increased from Mar. 2024 (32.49) to Mar. 2025 (36.44). It may suggest that Guangdong Haomei New Materials Co delayed paying its suppliers.

Guangdong Haomei New Materials Co Days Payable Historical Data

The historical data trend for Guangdong Haomei New Materials 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.

Guangdong Haomei New Materials Co Days Payable Chart

Guangdong Haomei New Materials Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

33.43

31.25

31.79

29.68

35.44

Guangdong Haomei New Materials Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															32.49	24.59	28.24	31.31	36.44

Competitive Comparison of Guangdong Haomei New Materials Co's Days Payable

For the Aluminum subindustry, Guangdong Haomei New Materials 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.

Guangdong Haomei New Materials Co's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Guangdong Haomei New Materials Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangdong Haomei New Materials Co's Days Payable falls into.

Save Embed

;

Save Embed

;

Guangdong Haomei New Materials 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.

Guangdong Haomei New Materials Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (532.006	+	607.878)	/	2 )	/	5870.002	*	365
=	569.942					/	5870.002	*	365
=	35.44

Guangdong Haomei New Materials Co's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (607.878	+	585.846)	/	2 )	/	1494.489	*	365 / 4
=	596.862					/	1494.489	*	365 / 4
=	36.44

Guangdong Haomei New Materials Co Days Payable Related Terms

Thank you for viewing the detailed overview of Guangdong Haomei New Materials Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Guangdong Haomei New Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Guangdong Haomei New Materials Co Ltd (SZSE:002988) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

High-tech Industrial Development Zone, Taiji Industrial City, Guangdong Province, Qingyuan, CHN, 511540

Website

http://www.haomei-alu.com

Guangdong Haomei New Materials Co Ltd is an aluminium profiles manufacturer. The company manufactures and sells aluminium alloy doors & windows system and lightweight materials. Its products are applied to buildings, rail transits, machineries and electronic appliances both at home and abroad.

Executives

Liang Zhi Kang

Director

Guangdong Haomei New Materials Co Headlines

No Headlines