Huachangda Intelligent Equipment Group Co (SZSE:300278) Days Payable : 130.12 (As of Mar. 2025)

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What is Huachangda Intelligent Equipment Group Co Days Payable?

Huachangda Intelligent Equipment Group Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥441 Mil. Huachangda Intelligent Equipment Group Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥309 Mil. Hence, Huachangda Intelligent Equipment Group Co's Days Payable for the three months ended in Mar. 2025 was 130.12.

The historical rank and industry rank for Huachangda Intelligent Equipment Group Co's Days Payable or its related term are showing as below:

SZSE:300278' s Days Payable Range Over the Past 10 Years
Min: 65.85 Med: 120.93 Max: 188.45
Current: 93.55

During the past 13 years, Huachangda Intelligent Equipment Group Co's highest Days Payable was 188.45. The lowest was 65.85. And the median was 120.93.

SZSE:300278's Days Payable is ranked better than
59.77% of 2943 companies
in the Industrial Products industry
Industry Median: 76.37 vs SZSE:300278: 93.55

Huachangda Intelligent Equipment Group Co's Days Payable increased from Mar. 2024 (81.81) to Mar. 2025 (130.12). It may suggest that Huachangda Intelligent Equipment Group Co delayed paying its suppliers.

Huachangda Intelligent Equipment Group Co Days Payable Historical Data

The historical data trend for Huachangda Intelligent Equipment Group 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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Huachangda Intelligent Equipment Group Co Days Payable Chart

Huachangda Intelligent Equipment Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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133.94

100.98

65.85

82.49

86.42

Huachangda Intelligent Equipment Group 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															81.81	93.22	80.69	85.32	130.12

Competitive Comparison of Huachangda Intelligent Equipment Group Co's Days Payable

For the Specialty Industrial Machinery subindustry, Huachangda Intelligent Equipment Group 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.

Huachangda Intelligent Equipment Group Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Huachangda Intelligent Equipment Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Huachangda Intelligent Equipment Group Co's Days Payable falls into.

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Huachangda Intelligent Equipment Group 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.

Huachangda Intelligent Equipment Group 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
=	( (598.371	+	469.418)	/	2 )	/	2255.023	*	365
=	533.8945					/	2255.023	*	365
=	86.42

Huachangda Intelligent Equipment Group 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
=	( (469.418	+	411.625)	/	2 )	/	308.922	*	365 / 4
=	440.5215					/	308.922	*	365 / 4
=	130.12

Huachangda Intelligent Equipment Group Co Days Payable Related Terms

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Huachangda Intelligent Equipment Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Huachangda Intelligent Equipment Group Co Ltd (SZSE:300278) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Dongyi Avenue, Hubei Province, Shiyan, CHN, 442012

Website

http://www.hchd.com.cn

Huachangda Intelligent Equipment Group Co Ltd is a general contractor of automated production equipment for automobiles and general industrial machinery.

Executives

Hu Dong Qun	Directors, executives
Hua Jia Rong	Directors, Directors, and Executives
He Rui	Executives
Bu Zhi Lin	Supervisors
Li Jun	Supervisors
Jia Bin	Executives
Yan Hua	Director
Luo Hui	Director
Kang Bing	Securities Affairs Representative
He Wen Zhong	Supervisors

Huachangda Intelligent Equipment Group Co Headlines

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