Fuchun Technology Co (SZSE:300299) Days Payable : 243.86 (As of Jun. 2024)

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What is Fuchun Technology Co Days Payable?

Fuchun Technology Co's average Accounts Payable for the three months ended in Jun. 2024 was ¥121.8 Mil. Fuchun Technology Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥45.6 Mil. Hence, Fuchun Technology Co's Days Payable for the three months ended in Jun. 2024 was 243.86.

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

SZSE:300299' s Days Payable Range Over the Past 10 Years
Min: 85.77 Med: 220.9 Max: 288.85
Current: 285.3

During the past 13 years, Fuchun Technology Co's highest Days Payable was 288.85. The lowest was 85.77. And the median was 220.90.

SZSE:300299's Days Payable is ranked better than
83.91% of 348 companies
in the Telecommunication Services industry
Industry Median: 102.215 vs SZSE:300299: 285.30

Fuchun Technology Co's Days Payable increased from Jun. 2023 (233.22) to Jun. 2024 (243.86). It may suggest that Fuchun Technology Co delayed paying its suppliers.

Fuchun Technology Co Days Payable Historical Data

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

Fuchun Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

282.91

288.85

237.22

266.36

282.82

Fuchun Technology Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															233.22	324.48	245.44	321.90	243.86

Competitive Comparison of Fuchun Technology Co's Days Payable

For the Telecom Services subindustry, Fuchun 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.

Fuchun Technology Co's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Fuchun Technology Co's Days Payable distribution charts can be found below:

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

Fuchun 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.

Fuchun 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
=	( (163.412	+	127.058)	/	2 )	/	187.439	*	365
=	145.235					/	187.439	*	365
=	282.82

Fuchun Technology Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (117.958	+	125.567)	/	2 )	/	45.563	*	365 / 4
=	121.7625					/	45.563	*	365 / 4
=	243.86

Fuchun Technology Co Days Payable Related Terms

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Fuchun Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Fuchun Technology Co Ltd (SZSE:300299) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 89, Tongpan Road, Building 25, Section C, Software Avenue, Gulou District, Fujian Province, Fuzhou, CHN, 350003

Website

http://www.forcom.com.cn

Fuchun Technology Co Ltd is engaged in the provision of communication network constructive technological services. The company provides network development scheme, plans, designs, construction management and business support for communication operators, governments and large enterprises.

Executives

Lin Jian Ping	Secretary Dong
Lin Mei	Executives
Chen Ping	Directors, executives
Mou Pin Zhang	Director
Fan Ping	Directors, executives
Ou Xin Yong	Supervisors
Xu Bin	Executives, directors
Huang Xi	Director
Weng Kun Peng	Supervisors

Fuchun Technology Co Headlines

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