Guangdong Hongteo Technology Co (SZSE:300176) Days Payable : 86.43 (As of Mar. 2025)

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What is Guangdong Hongteo Technology Co Days Payable?

Guangdong Hongteo Technology Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥378 Mil. Guangdong Hongteo Technology Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥399 Mil. Hence, Guangdong Hongteo Technology Co's Days Payable for the three months ended in Mar. 2025 was 86.43.

The historical rank and industry rank for Guangdong Hongteo Technology Co's Days Payable or its related term are showing as below:

SZSE:300176' s Days Payable Range Over the Past 10 Years
Min: 85.08 Med: 139.35 Max: 174.32
Current: 85.08

During the past 13 years, Guangdong Hongteo Technology Co's highest Days Payable was 174.32. The lowest was 85.08. And the median was 139.35.

SZSE:300176's Days Payable is ranked better than
64.91% of 1288 companies
in the Vehicles & Parts industry
Industry Median: 65.37 vs SZSE:300176: 85.08

Guangdong Hongteo Technology Co's Days Payable increased from Mar. 2024 (82.29) to Mar. 2025 (86.43). It may suggest that Guangdong Hongteo Technology Co delayed paying its suppliers.

Guangdong Hongteo Technology Co Days Payable Historical Data

The historical data trend for Guangdong Hongteo 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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Guangdong Hongteo Technology Co Days Payable Chart

Guangdong Hongteo Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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156.83

97.76

103.17

93.08

88.60

Guangdong Hongteo Technology Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															82.29	86.60	81.41	86.47	86.43

Competitive Comparison of Guangdong Hongteo Technology Co's Days Payable

For the Auto Parts subindustry, Guangdong Hongteo 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.

Guangdong Hongteo Technology Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Guangdong Hongteo Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangdong Hongteo Technology Co's Days Payable falls into.

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Guangdong Hongteo 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.

Guangdong Hongteo Technology Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (333.834	+	394.004)	/	2 )	/	1499.255	*	365
=	363.919					/	1499.255	*	365
=	88.60

Guangdong Hongteo Technology Co's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (394.004	+	361.631)	/	2 )	/	398.888	*	365 / 4
=	377.8175					/	398.888	*	365 / 4
=	86.43

Guangdong Hongteo Technology Co Days Payable Related Terms

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Guangdong Hongteo Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Guangdong Hongteo Technology Co Ltd (SZSE:300176) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

North 10th District, Dinghu District, Guangdong Province, Zhaoqing, CHN, 526070

Website

https://www.hongteo.com.cn

Guangdong Hongteo Technology Co Ltd is mainly engaged in the Aluminum alloy die-casting business, intelligent technology manufacturing business, and financial technology information service business.

Executives

Han Yong	Executives
Ye Yan Wei	Directors, executives
Zhang Lin	Director
Zhang Shi Zhong	Executives
Zhang Jian Xiong	Executives, directors
Liu Chun Sheng	Supervisors

Guangdong Hongteo Technology Co Headlines

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