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Zhenjiang Dongfang Electric Heating Technology Co (SZSE:300217) Days Payable : 125.71 (As of Mar. 2024)


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What is Zhenjiang Dongfang Electric Heating Technology Co Days Payable?

Zhenjiang Dongfang Electric Heating Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥920 Mil. Zhenjiang Dongfang Electric Heating Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥668 Mil. Hence, Zhenjiang Dongfang Electric Heating Technology Co's Days Payable for the three months ended in Mar. 2024 was 125.71.

The historical rank and industry rank for Zhenjiang Dongfang Electric Heating Technology Co's Days Payable or its related term are showing as below:

SZSE:300217' s Days Payable Range Over the Past 10 Years
Min: 103.07   Med: 119.73   Max: 198.15
Current: 135.93

During the past 13 years, Zhenjiang Dongfang Electric Heating Technology Co's highest Days Payable was 198.15. The lowest was 103.07. And the median was 119.73.

SZSE:300217's Days Payable is ranked better than
73.94% of 2928 companies
in the Industrial Products industry
Industry Median: 76.585 vs SZSE:300217: 135.93

Zhenjiang Dongfang Electric Heating Technology Co's Days Payable declined from Mar. 2023 (143.98) to Mar. 2024 (125.71). It may suggest that Zhenjiang Dongfang Electric Heating Technology Co accelerated paying its suppliers.


Zhenjiang Dongfang Electric Heating Technology Co Days Payable Historical Data

The historical data trend for Zhenjiang Dongfang Electric Heating 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.

* Premium members only.

Zhenjiang Dongfang Electric Heating Technology Co Days Payable Chart

Zhenjiang Dongfang Electric Heating Technology 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 117.19 103.07 110.68 112.79 121.46

Zhenjiang Dongfang Electric Heating Technology 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 143.98 133.85 130.66 175.57 125.71

Competitive Comparison of Zhenjiang Dongfang Electric Heating Technology Co's Days Payable

For the Specialty Industrial Machinery subindustry, Zhenjiang Dongfang Electric Heating 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.


Zhenjiang Dongfang Electric Heating Technology Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhenjiang Dongfang Electric Heating Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhenjiang Dongfang Electric Heating Technology Co's Days Payable falls into.



Zhenjiang Dongfang Electric Heating 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.

Zhenjiang Dongfang Electric Heating Technology 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
=( (1068.338 + 1020.712) / 2 ) / 3138.925*365
=1044.525 / 3138.925*365
=121.46

Zhenjiang Dongfang Electric Heating Technology 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
=( (1020.712 + 820.276) / 2 ) / 668.184*365 / 4
=920.494 / 668.184*365 / 4
=125.71

* 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.


Zhenjiang Dongfang Electric Heating Technology Co Days Payable Related Terms

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Zhenjiang Dongfang Electric Heating Technology Co (SZSE:300217) Business Description

Traded in Other Exchanges
N/A
Address
18 Wufengshan Road, Dagang, Zhenjiang New District, Jiangsu Province, Zhenjiang, CHN, 212132
Zhenjiang Dongfang Electric Heating Technology Co Ltd is a design and manufacturing company of high-performance electric heater types which include metal tubular electric heaters, stainless steel finned heaters and PTC heater metal.
Executives
Tan Rong Sheng Director
Jie Juan Executives
Wei Xiu Ping Executives
Jie Zhong Executives
Luo Yue Fen Executives
Leng Quan Fang Executives
Wang Hong Director
Tan Wei Directors, executives
Tan Ke Director
Zhao Hai Lin Supervisors
Xu Da Fang Director
Wang Shou Pei Executives
Leng Yin Hao Supervisors

Zhenjiang Dongfang Electric Heating Technology Co (SZSE:300217) Headlines

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