Suzhou Industrial Park Heshun Electric Co (SZSE:300141) Days Payable : 426.09 (As of Mar. 2024)

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What is Suzhou Industrial Park Heshun Electric Co Days Payable?

Suzhou Industrial Park Heshun Electric Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥243.0 Mil. Suzhou Industrial Park Heshun Electric Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥52.0 Mil. Hence, Suzhou Industrial Park Heshun Electric Co's Days Payable for the three months ended in Mar. 2024 was 426.09.

The historical rank and industry rank for Suzhou Industrial Park Heshun Electric Co's Days Payable or its related term are showing as below:

SZSE:300141' s Days Payable Range Over the Past 10 Years
Min: 152.65 Med: 226.03 Max: 416.45
Current: 286.41

During the past 13 years, Suzhou Industrial Park Heshun Electric Co's highest Days Payable was 416.45. The lowest was 152.65. And the median was 226.03.

SZSE:300141's Days Payable is ranked better than
94.5% of 2929 companies
in the Industrial Products industry
Industry Median: 76.43 vs SZSE:300141: 286.41

Suzhou Industrial Park Heshun Electric Co's Days Payable increased from Mar. 2023 (402.97) to Mar. 2024 (426.09). It may suggest that Suzhou Industrial Park Heshun Electric Co delayed paying its suppliers.

Suzhou Industrial Park Heshun Electric Co Days Payable Historical Data

The historical data trend for Suzhou Industrial Park Heshun Electric 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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Suzhou Industrial Park Heshun Electric Co Days Payable Chart

Suzhou Industrial Park Heshun Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

416.45

190.24

254.91

276.06

305.72

Suzhou Industrial Park Heshun Electric 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															402.97	208.35	274.13	284.18	426.09

Competitive Comparison of Suzhou Industrial Park Heshun Electric Co's Days Payable

For the Electrical Equipment & Parts subindustry, Suzhou Industrial Park Heshun Electric 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.

Suzhou Industrial Park Heshun Electric Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suzhou Industrial Park Heshun Electric Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Suzhou Industrial Park Heshun Electric Co's Days Payable falls into.

Suzhou Industrial Park Heshun Electric 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.

Suzhou Industrial Park Heshun Electric 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
=	( (186.002	+	245.017)	/	2 )	/	257.3	*	365
=	215.5095					/	257.3	*	365
=	305.72

Suzhou Industrial Park Heshun Electric 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
=	( (245.017	+	240.923)	/	2 )	/	52.034	*	365 / 4
=	242.97					/	52.034	*	365 / 4
=	426.09

Suzhou Industrial Park Heshun Electric Co Days Payable Related Terms

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Suzhou Industrial Park Heshun Electric Co (SZSE:300141) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suzhou Industrial Park Heshun Electric Co Ltd (SZSE:300141) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 8 Heshun Road, Suzhou Industrial Park, Jiangsu, Suzhou, CHN, 215122

Website

http://www.cnheshun.com

Suzhou Industrial Park Heshun Electric Co Ltd is engaged in the manufacturing and sale of electrical equipments. The products of the company include high and low voltage equipment, high voltage capacitor, charging pile, power quality equipment, EPC engineering, and software platform.

Executives

Li Liang Ren	Executives
Xu Shu Jie	Directors, executives
Yao Jian Hua	Director
Qin Yong	Executives
Ren Yun Ya	Executives
Xiao Min	Director
Chu Cheng	Secretary Dong
Wu Yong De	Directors, executives
Xu Xiao Ming	Securities Affairs Representative
Wu Xiang Xing	Supervisors
Tang Yu Ming	Executives
Chen Xiang Shu	Executives
Du Jun	Directors, executives

Suzhou Industrial Park Heshun Electric Co (SZSE:300141) Headlines

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