Hangzhou Steam Turbine Co (SZSE:200771) Days Payable : 224.40 (As of Mar. 2024)

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What is Hangzhou Steam Turbine Co Days Payable?

Hangzhou Steam Turbine Co's average Accounts Payable for the three months ended in Mar. 2024 was HK$2,061 Mil. Hangzhou Steam Turbine Co's Cost of Goods Sold for the three months ended in Mar. 2024 was HK$838 Mil. Hence, Hangzhou Steam Turbine Co's Days Payable for the three months ended in Mar. 2024 was 224.40.

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

SZSE:200771' s Days Payable Range Over the Past 10 Years
Min: 141.47 Med: 160.16 Max: 197.8
Current: 169.78

During the past 13 years, Hangzhou Steam Turbine Co's highest Days Payable was 197.80. The lowest was 141.47. And the median was 160.16.

SZSE:200771's Days Payable is ranked better than
81.32% of 2928 companies
in the Industrial Products industry
Industry Median: 76.5 vs SZSE:200771: 169.78

Hangzhou Steam Turbine Co's Days Payable increased from Mar. 2023 (184.94) to Mar. 2024 (224.40). It may suggest that Hangzhou Steam Turbine Co delayed paying its suppliers.

Hangzhou Steam Turbine Co Days Payable Historical Data

The historical data trend for Hangzhou Steam Turbine 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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Hangzhou Steam Turbine Co Days Payable Chart

Hangzhou Steam Turbine Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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162.47

157.84

169.85

183.46

144.31

Hangzhou Steam Turbine 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															184.94	165.07	219.00	124.38	224.40

Competitive Comparison of Hangzhou Steam Turbine Co's Days Payable

For the Specialty Industrial Machinery subindustry, Hangzhou Steam Turbine 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.

Hangzhou Steam Turbine Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Steam Turbine Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hangzhou Steam Turbine Co's Days Payable falls into.

Hangzhou Steam Turbine 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.

Hangzhou Steam Turbine 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
=	( (1803.273	+	2067.849)	/	2 )	/	4895.433	*	365
=	1935.561					/	4895.433	*	365
=	144.31

Hangzhou Steam Turbine 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
=	( (2067.849	+	2053.726)	/	2 )	/	837.983	*	365 / 4
=	2060.7875					/	837.983	*	365 / 4
=	224.40

Hangzhou Steam Turbine Co Days Payable Related Terms

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Hangzhou Steam Turbine Co (SZSE:200771) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hangzhou Steam Turbine Co Ltd (SZSE:200771) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

No. 357 Shiqiao Road, Xiacheng District, Zhejiang Province, Hangzhou, CHN, 310022

Website

http://www.htc.cn

Hangzhou Steam Turbine Co Ltd is a supplier of industrial turbomachinery equipment. It designs, manufactures, and sells industrial steam and gas turbines. The firm's products include Steam Turbine for Industries, Steam Turbine in Power Plant, and others.

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