Henan Yicheng New Energy Co (SZSE:300080) Days Payable : 389.98 (As of Mar. 2024)

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What is Henan Yicheng New Energy Co Days Payable?

Henan Yicheng New Energy Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥3,381 Mil. Henan Yicheng New Energy Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥791 Mil. Hence, Henan Yicheng New Energy Co's Days Payable for the three months ended in Mar. 2024 was 389.98.

The historical rank and industry rank for Henan Yicheng New Energy Co's Days Payable or its related term are showing as below:

SZSE:300080' s Days Payable Range Over the Past 10 Years
Min: 88.97 Med: 127.9 Max: 177.33
Current: 143.98

During the past 13 years, Henan Yicheng New Energy Co's highest Days Payable was 177.33. The lowest was 88.97. And the median was 127.90.

SZSE:300080's Days Payable is ranked better than
85.89% of 964 companies
in the Semiconductors industry
Industry Median: 51.61 vs SZSE:300080: 143.98

Henan Yicheng New Energy Co's Days Payable increased from Mar. 2023 (125.97) to Mar. 2024 (389.98). It may suggest that Henan Yicheng New Energy Co delayed paying its suppliers.

Henan Yicheng New Energy Co Days Payable Historical Data

The historical data trend for Henan Yicheng New Energy 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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Henan Yicheng New Energy Co Days Payable Chart

Henan Yicheng New Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

121.27

158.75

138.25

88.97

118.81

Henan Yicheng New Energy 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															125.97	106.90	126.99	113.50	389.98

Competitive Comparison of Henan Yicheng New Energy Co's Days Payable

For the Semiconductor Equipment & Materials subindustry, Henan Yicheng New Energy 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.

Henan Yicheng New Energy Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Henan Yicheng New Energy Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Henan Yicheng New Energy Co's Days Payable falls into.

Henan Yicheng New Energy 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.

Henan Yicheng New Energy 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
=	( (2566.3	+	3201.534)	/	2 )	/	8859.66	*	365
=	2883.917					/	8859.66	*	365
=	118.81

Henan Yicheng New Energy 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
=	( (3201.534	+	3561.313)	/	2 )	/	791.198	*	365 / 4
=	3381.4235					/	791.198	*	365 / 4
=	389.98

Henan Yicheng New Energy Co Days Payable Related Terms

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Henan Yicheng New Energy Co (SZSE:300080) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Henan Yicheng New Energy Co Ltd (SZSE:300080) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Kaifeng Fine Chemical Industrial Park, Henan Province, Henan, Kaifeng, CHN, 475000

Website

http://www.xindaxin.cn

Henan Yicheng New Energy Co Ltd is engaged in the production of solar crustal wafer cutting blade, recycling of waste mortar, solar power station construction, production and sales of negative electrode materials, and production and sales of monocrystalline silicon cells.

Executives

Chang Xing Hua	Directors, executives
Wang Shao Feng	Director
Lan Xiao Long	Executives
Yang Guang Jie	Executives
Cui Qiang	Executives
Wang An Le	Director
Yang Guo Xin	Executives
Wan Jian Min	Executives
Cui Yi	Independent director
Mai Zhi Yong	Directors, executives
Song He Chen	Director
Jiang Wei Hai	Director
Xu Yu Zhu	Executives
Ji Fang Yin	Director
Hao Yu Hui	Director

Henan Yicheng New Energy Co (SZSE:300080) Headlines

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