Acrel Co (SZSE:300286) Days Payable : 218.92 (As of Mar. 2024)

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What is Acrel Co Days Payable?

Acrel Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥307 Mil. Acrel Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥128 Mil. Hence, Acrel Co's Days Payable for the three months ended in Mar. 2024 was 218.92.

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

SZSE:300286' s Days Payable Range Over the Past 10 Years
Min: 157.55 Med: 219.13 Max: 261.1
Current: 169.97

During the past 13 years, Acrel Co's highest Days Payable was 261.10. The lowest was 157.55. And the median was 219.13.

SZSE:300286's Days Payable is ranked better than
81.43% of 2918 companies
in the Industrial Products industry
Industry Median: 76.585 vs SZSE:300286: 169.97

Acrel Co's Days Payable increased from Mar. 2023 (208.10) to Mar. 2024 (218.92). It may suggest that Acrel Co delayed paying its suppliers.

Acrel Co Days Payable Historical Data

The historical data trend for Acrel 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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Acrel Co Days Payable Chart

Acrel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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237.61

228.00

170.51

198.22

179.57

Acrel 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															208.10	155.05	138.45	179.74	218.92

Competitive Comparison of Acrel Co's Days Payable

For the Electrical Equipment & Parts subindustry, Acrel 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.

Acrel Co's Days Payable Distribution in the Industrial Products Industry

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

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

Acrel 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.

Acrel 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
=	( (290.832	+	301.113)	/	2 )	/	601.618	*	365
=	295.9725					/	601.618	*	365
=	179.57

Acrel 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
=	( (301.113	+	313.617)	/	2 )	/	128.117	*	365 / 4
=	307.365					/	128.117	*	365 / 4
=	218.92

Acrel Co Days Payable Related Terms

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Acrel Co (SZSE:300286) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Acrel Co Ltd (SZSE:300286) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 253 Yulv Road, Jiading District, Shanghai, CHN, 201801

Website

http://www.acrel.cn

Acrel Co Ltd is engaged as an integrator for providing users with power data services. The products of the company include power monitoring systems and products, power management systems and products, electrical safety systems and production, and power sensor.

Executives

Zhu Fang	Directors, executives
Luo Ye Lan	Directors, Directors, and Executives
Fang Yan	Executives
Zong Shou Song	Directors, executives
Shi Wei	Securities Affairs Representative
Zhou Zhong	Directors, executives
Jiang Long	Executives
Tang Jian Jun	Supervisors
Wu Jian Ming	Supervisors
Liu Shou Bao	Supervisors

Acrel Co (SZSE:300286) Headlines

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