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Dalian Zhiyun Automation Co (SZSE:300097) Days Payable : 322.54 (As of Mar. 2024)


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What is Dalian Zhiyun Automation Co Days Payable?

Dalian Zhiyun Automation Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥191.5 Mil. Dalian Zhiyun Automation Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥54.2 Mil. Hence, Dalian Zhiyun Automation Co's Days Payable for the three months ended in Mar. 2024 was 322.54.

The historical rank and industry rank for Dalian Zhiyun Automation Co's Days Payable or its related term are showing as below:

SZSE:300097' s Days Payable Range Over the Past 10 Years
Min: 59.01   Med: 139.51   Max: 539.87
Current: 318.96

During the past 13 years, Dalian Zhiyun Automation Co's highest Days Payable was 539.87. The lowest was 59.01. And the median was 139.51.

SZSE:300097's Days Payable is ranked better than
96.01% of 2929 companies
in the Industrial Products industry
Industry Median: 76.43 vs SZSE:300097: 318.96

Dalian Zhiyun Automation Co's Days Payable declined from Mar. 2023 (385.04) to Mar. 2024 (322.54). It may suggest that Dalian Zhiyun Automation Co accelerated paying its suppliers.


Dalian Zhiyun Automation Co Days Payable Historical Data

The historical data trend for Dalian Zhiyun Automation 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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Dalian Zhiyun Automation Co Days Payable Chart

Dalian Zhiyun Automation 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 247.86 127.77 347.48 539.87 335.02

Dalian Zhiyun Automation 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 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 385.04 252.76 373.18 342.54 322.54

Competitive Comparison of Dalian Zhiyun Automation Co's Days Payable

For the Specialty Industrial Machinery subindustry, Dalian Zhiyun Automation 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.


Dalian Zhiyun Automation Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dalian Zhiyun Automation Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Dalian Zhiyun Automation Co's Days Payable falls into.



Dalian Zhiyun Automation 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.

Dalian Zhiyun Automation 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
=( (314.146 + 198.662) / 2 ) / 279.349*365
=256.404 / 279.349*365
=335.02

Dalian Zhiyun Automation 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
=( (198.662 + 184.418) / 2 ) / 54.189*365 / 4
=191.54 / 54.189*365 / 4
=322.54

* 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.


Dalian Zhiyun Automation Co Days Payable Related Terms

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Dalian Zhiyun Automation Co (SZSE:300097) Business Description

Traded in Other Exchanges
N/A
Address
21/F Ning an Building No 17, Huanghe Road, Xigang, Dalian, CHN, 116011
Dalian Zhiyun Automation Co Ltd develops automation manufacturing process systems and automation equipment. The company's products include Auto Test Machine Line; Auto Convey Machine; Auto Dealer Maachine WahMachine; Filter Machine; and Assembly Line.
Executives
Ma Yu Director
Shi Li Quan Directors, executives
Yang Yin Sheng Director
Wu Qian Supervisors
Ren Tong Directors, Directors, and Executives
Gao Peng Director
Tan Yong Liang Directors, executives
Zhang Shao Hui Directors, executives
Li Hong Executives
Di Yan Zhao Directors, executives
Pan Bin Executives

Dalian Zhiyun Automation Co (SZSE:300097) Headlines

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