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Hangzhou CNCR-IT Co (SZSE:300250) Days Payable : 101.29 (As of Dec. 2024)


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What is Hangzhou CNCR-IT Co Days Payable?

Hangzhou CNCR-IT Co's average Accounts Payable for the three months ended in Dec. 2024 was ¥52.5 Mil. Hangzhou CNCR-IT Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ¥47.3 Mil. Hence, Hangzhou CNCR-IT Co's Days Payable for the three months ended in Dec. 2024 was 101.29.

The historical rank and industry rank for Hangzhou CNCR-IT Co's Days Payable or its related term are showing as below:

SZSE:300250' s Days Payable Range Over the Past 10 Years
Min: 57.82   Med: 131.77   Max: 173.59
Current: 159.54

During the past 13 years, Hangzhou CNCR-IT Co's highest Days Payable was 173.59. The lowest was 57.82. And the median was 131.77.

SZSE:300250's Days Payable is ranked better than
85.26% of 2401 companies
in the Hardware industry
Industry Median: 68.88 vs SZSE:300250: 159.54

Hangzhou CNCR-IT Co's Days Payable increased from Dec. 2023 (75.88) to Dec. 2024 (101.29). It may suggest that Hangzhou CNCR-IT Co delayed paying its suppliers.


Hangzhou CNCR-IT Co Days Payable Historical Data

The historical data trend for Hangzhou CNCR-IT 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.

Hangzhou CNCR-IT Co Days Payable Chart

Hangzhou CNCR-IT Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 122.75 173.59 154.32 157.40 158.69

Hangzhou CNCR-IT Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 75.88 152.97 279.15 183.44 101.29

Competitive Comparison of Hangzhou CNCR-IT Co's Days Payable

For the Communication Equipment subindustry, Hangzhou CNCR-IT 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.


Hangzhou CNCR-IT Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hangzhou CNCR-IT Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hangzhou CNCR-IT Co's Days Payable falls into.


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Hangzhou CNCR-IT 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.

Hangzhou CNCR-IT 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
=( (64.305 + 51.209) / 2 ) / 132.844*365
=57.757 / 132.844*365
=158.69

Hangzhou CNCR-IT Co's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (53.724 + 51.209) / 2 ) / 47.267*365 / 4
=52.4665 / 47.267*365 / 4
=101.29

* 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.


Hangzhou CNCR-IT Co Days Payable Related Terms

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Hangzhou CNCR-IT Co Business Description

Traded in Other Exchanges
N/A
Address
No. 259, IoT Street, Xixing Street, Binjiang District, Hangzhou, CHN, 310051
Hangzhou CNCR-IT Co Ltd is a Chinese company primarily engaged in the research and development of information access solutions, as well as the research, development, production, and sale of corresponding equipment. Its products are divided into four categories, being Triple Play Access Production, RF Microwave Passive Components, IoT Access Production, and Multi-service Access Enterprise Gateway. The company sells its products in China and other international countries. The product portfolio of the company includes EOC master series, attenuator, combiner, GPON, EPON, IPRAN terminal device, power splitter, hybrid coupler, and others.
Executives
Wang Min Executives
Cheng Tao Mu Director
Jin Ning Directors, executives
Hong Ai Jin Director
Li Hong Wei Director
Yan Si En Independent director
Jin Lan Directors, executives
Chen Zhu Yao Director
Gong Yong Xing Executives
Che Xin Yi Executives
Yin Yan Dong Executives
Yang Gui Fei Executives
Wang Li Cheng Supervisors
Zhou Liang Executives
Zheng Wei Rong Securities Affairs Representative

Hangzhou CNCR-IT Co Headlines

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