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Sichuan Kexin Mechanical and Electrical Equipment Co (SZSE:300092) Days Payable : 49.31 (As of Jun. 2024)


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What is Sichuan Kexin Mechanical and Electrical Equipment Co Days Payable?

Sichuan Kexin Mechanical and Electrical Equipment Co's average Accounts Payable for the three months ended in Jun. 2024 was ¥179 Mil. Sichuan Kexin Mechanical and Electrical Equipment Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥332 Mil. Hence, Sichuan Kexin Mechanical and Electrical Equipment Co's Days Payable for the three months ended in Jun. 2024 was 49.31.

The historical rank and industry rank for Sichuan Kexin Mechanical and Electrical Equipment Co's Days Payable or its related term are showing as below:

SZSE:300092' s Days Payable Range Over the Past 10 Years
Min: 64.43   Med: 95.47   Max: 117.35
Current: 69.96

During the past 13 years, Sichuan Kexin Mechanical and Electrical Equipment Co's highest Days Payable was 117.35. The lowest was 64.43. And the median was 95.47.

SZSE:300092's Days Payable is ranked worse than
54.16% of 2947 companies
in the Industrial Products industry
Industry Median: 75.59 vs SZSE:300092: 69.96

Sichuan Kexin Mechanical and Electrical Equipment Co's Days Payable declined from Jun. 2023 (79.38) to Jun. 2024 (49.31). It may suggest that Sichuan Kexin Mechanical and Electrical Equipment Co accelerated paying its suppliers.


Sichuan Kexin Mechanical and Electrical Equipment Co Days Payable Historical Data

The historical data trend for Sichuan Kexin Mechanical and Electrical Equipment 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.

Sichuan Kexin Mechanical and Electrical Equipment Co Days Payable Chart

Sichuan Kexin Mechanical and Electrical Equipment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.61 117.35 99.33 115.83 83.21

Sichuan Kexin Mechanical and Electrical Equipment Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 79.38 66.20 80.05 102.18 49.31

Competitive Comparison of Sichuan Kexin Mechanical and Electrical Equipment Co's Days Payable

For the Specialty Industrial Machinery subindustry, Sichuan Kexin Mechanical and Electrical Equipment 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.


Sichuan Kexin Mechanical and Electrical Equipment Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sichuan Kexin Mechanical and Electrical Equipment Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sichuan Kexin Mechanical and Electrical Equipment Co's Days Payable falls into.



Sichuan Kexin Mechanical and Electrical Equipment 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.

Sichuan Kexin Mechanical and Electrical Equipment 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
=( (296.069 + 226.486) / 2 ) / 1146.073*365
=261.2775 / 1146.073*365
=83.21

Sichuan Kexin Mechanical and Electrical Equipment Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (197.154 + 161.538) / 2 ) / 331.863*365 / 4
=179.346 / 331.863*365 / 4
=49.31

* 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.


Sichuan Kexin Mechanical and Electrical Equipment Co Days Payable Related Terms

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Sichuan Kexin Mechanical and Electrical Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
No.21 Western Tuojiang Road, Economic Development Zone, Shifang, Sichuan, Deyang, CHN, 608407
Sichuan Kexin Mechanical and Electrical Equipment Co Ltd designs, manufactures, installs and sells pressure vessels.
Executives
Qiang Kai Director
Yang Duo Rong Secretary Dong
Tang Kai Director
Li Yong Directors, executives
Ceng Xiao Wei Securities Affairs Representative
Lin Zhen Rong Director
Lin Zhen Hua Director
Li Chun Qi Executives
Tang Wang Guo Supervisors
Wang Xiao Ming Directors, executives
Chen Fang Director
Zhao Pi Long Director

Sichuan Kexin Mechanical and Electrical Equipment Co Headlines

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