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Sinoseal Holding Co (SZSE:300470) Days Payable : 101.58 (As of Mar. 2025)


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What is Sinoseal Holding Co Days Payable?

Sinoseal Holding Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥254 Mil. Sinoseal Holding Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥228 Mil. Hence, Sinoseal Holding Co's Days Payable for the three months ended in Mar. 2025 was 101.58.

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

SZSE:300470' s Days Payable Range Over the Past 10 Years
Min: 90.37   Med: 109.26   Max: 124.16
Current: 119.43

During the past 13 years, Sinoseal Holding Co's highest Days Payable was 124.16. The lowest was 90.37. And the median was 109.26.

SZSE:300470's Days Payable is ranked better than
69.31% of 2946 companies
in the Industrial Products industry
Industry Median: 76.25 vs SZSE:300470: 119.43

Sinoseal Holding Co's Days Payable declined from Mar. 2024 (149.67) to Mar. 2025 (101.58). It may suggest that Sinoseal Holding Co accelerated paying its suppliers.


Sinoseal Holding Co Days Payable Historical Data

The historical data trend for Sinoseal Holding 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.

* Premium members only.

Sinoseal Holding Co Days Payable Chart

Sinoseal Holding Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.05 108.63 116.78 124.16 118.43

Sinoseal Holding 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 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 149.67 133.69 128.09 117.40 101.58

Competitive Comparison of Sinoseal Holding Co's Days Payable

For the Specialty Industrial Machinery subindustry, Sinoseal Holding 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.


Sinoseal Holding Co's Days Payable Distribution in the Industrial Products Industry

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

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


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Sinoseal Holding 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.

Sinoseal Holding 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
=( (278.039 + 247.072) / 2 ) / 809.203*365
=262.5555 / 809.203*365
=118.43

Sinoseal Holding 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
=( (247.072 + 260.832) / 2 ) / 228.122*365 / 4
=253.952 / 228.122*365 / 4
=101.58

* 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.


Sinoseal Holding Co Days Payable Related Terms

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Sinoseal Holding Co Business Description

Traded in Other Exchanges
N/A
Address
No.8, Wuke West 4 Road, Wuhou District, Sichuan Province, Chengdu, CHN
Sinoseal Holding Co Ltd is engaged in designing, manufacturing and marketing of mechanical seals and sealing products in China. The company's product lines include Standard Mechanical Seals, Teflon Encapsulated O-rings, Wave Springs, and Silicon Carbide Products.
Executives
Chen Hong Directors, Directors, and Executives
Yin Xiao Executives
He Fang Directors, executives
Feng Ming Zhong Directors, executives
Xia Yu Executives
Huang Ze Pei Directors, executives
Zhou Hu Lan Executives
Zhao Qu Supervisors
Deng Jie Supervisors

Sinoseal Holding Co Headlines

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