Kingsignal Technology Co (SZSE:300252) Days Payable : 257.40 (As of Mar. 2024)

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What is Kingsignal Technology Co Days Payable?

Kingsignal Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,123 Mil. Kingsignal Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥398 Mil. Hence, Kingsignal Technology Co's Days Payable for the three months ended in Mar. 2024 was 257.40.

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

SZSE:300252' s Days Payable Range Over the Past 10 Years
Min: 104.09 Med: 145.57 Max: 277.6
Current: 277.6

During the past 13 years, Kingsignal Technology Co's highest Days Payable was 277.60. The lowest was 104.09. And the median was 145.57.

SZSE:300252's Days Payable is ranked better than
94.89% of 2427 companies
in the Hardware industry
Industry Median: 68.09 vs SZSE:300252: 277.60

Kingsignal Technology Co's Days Payable increased from Mar. 2023 (193.22) to Mar. 2024 (257.40). It may suggest that Kingsignal Technology Co delayed paying its suppliers.

Kingsignal Technology Co Days Payable Historical Data

The historical data trend for Kingsignal 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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Kingsignal Technology Co Days Payable Chart

Kingsignal Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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104.09

195.83

188.10

230.71

249.69

Kingsignal 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															193.22	252.62	320.18	297.18	257.40

Competitive Comparison of Kingsignal Technology Co's Days Payable

For the Communication Equipment subindustry, Kingsignal 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.

Kingsignal Technology Co's Days Payable Distribution in the Hardware Industry

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

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

Kingsignal 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.

Kingsignal 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
=	( (1198.327	+	1133.757)	/	2 )	/	1704.538	*	365
=	1166.042					/	1704.538	*	365
=	249.69

Kingsignal 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
=	( (1133.757	+	1113.141)	/	2 )	/	398.276	*	365 / 4
=	1123.449					/	398.276	*	365 / 4
=	257.40

Kingsignal Technology Co Days Payable Related Terms

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Kingsignal Technology Co (SZSE:300252) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kingsignal Technology Co Ltd (SZSE:300252) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Room 302, 9th Building, Shenzhen Software Park, Shenzhen High-tech Zone, Central District, Guangdong, Shenzhen, CHN, 518057

Website

http://www.kingsignal.com

Kingsignal Technology Co Ltd is a Chinese company mainly engaged in research, development, production, and sale of signal interconnection products such as mid-range and high-end RF coaxial cables, connectors and accessories, optical fiber, PCB, LAN cable, large logarithmic power cord and data video components. The company has a business presence in China and other international countries. The market scope of the company covers telecom and internet, aerospace, new energy, transportation and medical. Its products include RF transmission, electrical transmission, optical transmission, differential transmission, PCB panel, chip modules, and others.

Executives

Zheng Jun	Director
Huang Chang Hua	Director
Wu Hua	Supervisors
Wu Jing Ping	Secretary, Director
Wu Jin	Executives
Xiao Dong Hua	Directors, executives

Kingsignal Technology Co (SZSE:300252) Headlines

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