Wuhan Zhongyuan Huadian Science & Technology Co (SZSE:300018) Days Payable : 129.03 (As of Mar. 2024)

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What is Wuhan Zhongyuan Huadian Science & Technology Co Days Payable?

Wuhan Zhongyuan Huadian Science & Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥69.1 Mil. Wuhan Zhongyuan Huadian Science & Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥48.9 Mil. Hence, Wuhan Zhongyuan Huadian Science & Technology Co's Days Payable for the three months ended in Mar. 2024 was 129.03.

The historical rank and industry rank for Wuhan Zhongyuan Huadian Science & Technology Co's Days Payable or its related term are showing as below:

SZSE:300018' s Days Payable Range Over the Past 10 Years
Min: 86.31 Med: 136.62 Max: 219.49
Current: 86.31

During the past 13 years, Wuhan Zhongyuan Huadian Science & Technology Co's highest Days Payable was 219.49. The lowest was 86.31. And the median was 136.62.

SZSE:300018's Days Payable is ranked better than
55.96% of 2936 companies
in the Industrial Products industry
Industry Median: 76.765 vs SZSE:300018: 86.31

Wuhan Zhongyuan Huadian Science & Technology Co's Days Payable declined from Mar. 2023 (162.89) to Mar. 2024 (129.03). It may suggest that Wuhan Zhongyuan Huadian Science & Technology Co accelerated paying its suppliers.

Wuhan Zhongyuan Huadian Science & Technology Co Days Payable Historical Data

The historical data trend for Wuhan Zhongyuan Huadian Science & Technology 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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Wuhan Zhongyuan Huadian Science & Technology Co Days Payable Chart

Wuhan Zhongyuan Huadian Science & Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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137.92

123.36

111.54

96.32

105.17

Wuhan Zhongyuan Huadian Science & Technology 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															162.89	81.88	82.13	67.68	129.03

Competitive Comparison of Wuhan Zhongyuan Huadian Science & Technology Co's Days Payable

For the Specialty Industrial Machinery subindustry, Wuhan Zhongyuan Huadian Science & Technology 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.

Wuhan Zhongyuan Huadian Science & Technology Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuhan Zhongyuan Huadian Science & Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Wuhan Zhongyuan Huadian Science & Technology Co's Days Payable falls into.

Wuhan Zhongyuan Huadian Science & Technology 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.

Wuhan Zhongyuan Huadian Science & Technology 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
=	( (66.642	+	69.344)	/	2 )	/	235.971	*	365
=	67.993					/	235.971	*	365
=	105.17

Wuhan Zhongyuan Huadian Science & Technology 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
=	( (69.344	+	68.819)	/	2 )	/	48.853	*	365 / 4
=	69.0815					/	48.853	*	365 / 4
=	129.03

Wuhan Zhongyuan Huadian Science & Technology Co Days Payable Related Terms

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Wuhan Zhongyuan Huadian Science & Technology Co (SZSE:300018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wuhan Zhongyuan Huadian Science & Technology Co Ltd (SZSE:300018) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6, 6th Road, Science and Technology Park, Huazhong University of Science and Technology, Wuhan East Lake New Technology Development Zone, Hubei Province, Wuhan, CHN, 430223

Website

http://www.zyhd.com.cn

Wuhan Zhongyuan Huadian Science & Technology Co Ltd specializes in the development and manufacturing of intelligent record analysis, electric power, and time synchronization systems in China.

Executives

Lu Chun Ming	Directors, executives
Deng Zhi Gang	Director
Wang Yong Ye	Director
Yin Li Guang	Supervisors
Zhang Xiao Bo	Directors, executives
Fu Duo	Director
Chen Zhi Bing	Supervisors
Yin Jian	Executives
Chen Xi Ping	Supervisors
Guo Xiao Ming	Supervisors

Wuhan Zhongyuan Huadian Science & Technology Co (SZSE:300018) Headlines

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