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Surfilter Network Technology Co (SZSE:300311) Days Payable : 229.73 (As of Sep. 2024)


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What is Surfilter Network Technology Co Days Payable?

Surfilter Network Technology Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥200.6 Mil. Surfilter Network Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥79.7 Mil. Hence, Surfilter Network Technology Co's Days Payable for the three months ended in Sep. 2024 was 229.73.

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

SZSE:300311' s Days Payable Range Over the Past 10 Years
Min: 74.54   Med: 197.05   Max: 342.21
Current: 297.94

During the past 13 years, Surfilter Network Technology Co's highest Days Payable was 342.21. The lowest was 74.54. And the median was 197.05.

SZSE:300311's Days Payable is ranked better than
95.14% of 2409 companies
in the Hardware industry
Industry Median: 68.75 vs SZSE:300311: 297.94

Surfilter Network Technology Co's Days Payable declined from Sep. 2023 (458.05) to Sep. 2024 (229.73). It may suggest that Surfilter Network Technology Co accelerated paying its suppliers.


Surfilter Network Technology Co Days Payable Historical Data

The historical data trend for Surfilter Network 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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Surfilter Network Technology Co Days Payable Chart

Surfilter Network Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 258.24 220.92 342.21 325.24 326.95

Surfilter Network Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 458.05 145.55 1,606.85 675.63 229.73

Competitive Comparison of Surfilter Network Technology Co's Days Payable

For the Communication Equipment subindustry, Surfilter Network 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.


Surfilter Network Technology Co's Days Payable Distribution in the Hardware Industry

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

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



Surfilter Network 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.

Surfilter Network 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
=( (287.045 + 213.226) / 2 ) / 279.244*365
=250.1355 / 279.244*365
=326.95

Surfilter Network Technology Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (192.517 + 208.652) / 2 ) / 79.674*365 / 4
=200.5845 / 79.674*365 / 4
=229.73

* 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.


Surfilter Network Technology Co Days Payable Related Terms

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Surfilter Network Technology Co Business Description

Traded in Other Exchanges
N/A
Address
6th Floor, Software Park, Hi-tech Zone, Shenzhen City, CHN, 518057
Surfilter Network Technology Co Ltd operates in the field of network information security in China. It is engaged in the provision of network content and behavior auditing and network information security solutions. The company has a full product line and solutions in the field of network auditing and network information security, public security, information security, security training, wireless security, cloud security, mobile internet application security, carrier network resource security, terminal security, data security and many other fields.
Executives
Jing Xiao Jun Director
Jing Xiao Dong Directors, executives
Li Bin Hui Directors, executives
Li Xiao Wei Directors, executives
Fu Zhao Yang Supervisors
Zhou Yong Lin Executives
Shen Zhi Jie Directors, executives
Zhang Wen Securities Affairs Representative
Li Gong Executives
Zhu Yao Director
Zhang Bing Secretary Dong
Sun Wen Jie Executives
Gu Yuan Director
Fu Zhao Yang Independent director

Surfilter Network Technology Co Headlines

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