Guangdong Silver Age Sci and Tech Co (SZSE:300221) Days Payable : 79.15 (As of Sep. 2024)

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What is Guangdong Silver Age Sci and Tech Co Days Payable?

Guangdong Silver Age Sci and Tech Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥383 Mil. Guangdong Silver Age Sci and Tech Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥442 Mil. Hence, Guangdong Silver Age Sci and Tech Co's Days Payable for the three months ended in Sep. 2024 was 79.15.

The historical rank and industry rank for Guangdong Silver Age Sci and Tech Co's Days Payable or its related term are showing as below:

SZSE:300221' s Days Payable Range Over the Past 10 Years
Min: 52.71 Med: 65.46 Max: 79.35
Current: 73.65

During the past 13 years, Guangdong Silver Age Sci and Tech Co's highest Days Payable was 79.35. The lowest was 52.71. And the median was 65.46.

SZSE:300221's Days Payable is ranked better than
61.48% of 1503 companies
in the Chemicals industry
Industry Median: 60.18 vs SZSE:300221: 73.65

Guangdong Silver Age Sci and Tech Co's Days Payable increased from Sep. 2023 (66.46) to Sep. 2024 (79.15). It may suggest that Guangdong Silver Age Sci and Tech Co delayed paying its suppliers.

Guangdong Silver Age Sci and Tech Co Days Payable Historical Data

The historical data trend for Guangdong Silver Age Sci and Tech 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 Silver Age Sci and Tech Co Days Payable Chart

Guangdong Silver Age Sci and Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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66.41

59.28

60.90

79.35

73.52

Guangdong Silver Age Sci and Tech Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															66.46	61.21	75.32	76.32	79.15

Competitive Comparison of Guangdong Silver Age Sci and Tech Co's Days Payable

For the Specialty Chemicals subindustry, Guangdong Silver Age Sci and Tech 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 Silver Age Sci and Tech Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Guangdong Silver Age Sci and Tech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangdong Silver Age Sci and Tech Co's Days Payable falls into.

Guangdong Silver Age Sci and Tech 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 Silver Age Sci and Tech 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
=	( (300.032	+	256.424)	/	2 )	/	1381.276	*	365
=	278.228					/	1381.276	*	365
=	73.52

Guangdong Silver Age Sci and Tech Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (378.122	+	388.874)	/	2 )	/	442.118	*	365 / 4
=	383.498					/	442.118	*	365 / 4
=	79.15

Guangdong Silver Age Sci and Tech Co Days Payable Related Terms

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Guangdong Silver Age Sci and Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Guangdong Silver Age Sci and Tech Co Ltd (SZSE:300221) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

A, Floor 20, Zhongxin Huiyang, Business Building, No 59 Hubin North Road, Xiamen, CHN, 361012

Website

http://www.silverage.cn

Guangdong Silver Age Sci and Tech Co Ltd are engaged in the research, development, production, and sale of high-performance polymer new materials in China. It produces fuel-resistant, weather-resistant, reinforced and toughened materials, and plastic alloy materials. Its products are widely used in household appliances, automobiles, IT electronics, LED lights, power tools, wire and cable, road materials and other fields.

Executives

Zheng Gui Hua	Secretary Dong
Gu Xian Feng	Executives
Lin Deng Can	Directors, executives
Fu Yi	Director
Zhang De Qing	Director
Tan Ying Er	Director
Huang Jing Dong	Director
Tan Song Bin	Director
Chen Yu Mei	Securities Affairs Representative
Yuan Zhi Gang	Director
Ye Jian Zhong	Supervisors

Guangdong Silver Age Sci and Tech Co Headlines

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