Guangzhou Goaland Energy Conservation Tech Co (SZSE:300499) Days Payable : 362.62 (As of Sep. 2024)

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What is Guangzhou Goaland Energy Conservation Tech Co Days Payable?

Guangzhou Goaland Energy Conservation Tech Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥224.5 Mil. Guangzhou Goaland Energy Conservation Tech Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥56.5 Mil. Hence, Guangzhou Goaland Energy Conservation Tech Co's Days Payable for the three months ended in Sep. 2024 was 362.62.

The historical rank and industry rank for Guangzhou Goaland Energy Conservation Tech Co's Days Payable or its related term are showing as below:

SZSE:300499' s Days Payable Range Over the Past 10 Years
Min: 115.06 Med: 263.5 Max: 356.27
Current: 201.06

During the past 13 years, Guangzhou Goaland Energy Conservation Tech Co's highest Days Payable was 356.27. The lowest was 115.06. And the median was 263.50.

SZSE:300499's Days Payable is ranked better than
86.22% of 2931 companies
in the Industrial Products industry
Industry Median: 76.19 vs SZSE:300499: 201.06

Guangzhou Goaland Energy Conservation Tech Co's Days Payable increased from Sep. 2023 (161.48) to Sep. 2024 (362.62). It may suggest that Guangzhou Goaland Energy Conservation Tech Co delayed paying its suppliers.

Guangzhou Goaland Energy Conservation Tech Co Days Payable Historical Data

The historical data trend for Guangzhou Goaland Energy Conservation Tech 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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Guangzhou Goaland Energy Conservation Tech Co Days Payable Chart

Guangzhou Goaland Energy Conservation Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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270.85

214.58

176.61

115.06

232.07

Guangzhou Goaland Energy Conservation Tech 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															161.48	151.31	146.58	250.68	362.62

Competitive Comparison of Guangzhou Goaland Energy Conservation Tech Co's Days Payable

For the Specialty Industrial Machinery subindustry, Guangzhou Goaland Energy Conservation Tech 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.

Guangzhou Goaland Energy Conservation Tech Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangzhou Goaland Energy Conservation Tech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangzhou Goaland Energy Conservation Tech Co's Days Payable falls into.

Guangzhou Goaland Energy Conservation Tech 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.

Guangzhou Goaland Energy Conservation Tech 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
=	( (307.845	+	239.641)	/	2 )	/	430.538	*	365
=	273.743					/	430.538	*	365
=	232.07

Guangzhou Goaland Energy Conservation Tech 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
=	( (184.422	+	264.668)	/	2 )	/	56.504	*	365 / 4
=	224.545					/	56.504	*	365 / 4
=	362.62

Guangzhou Goaland Energy Conservation Tech Co Days Payable Related Terms

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Guangzhou Goaland Energy Conservation Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangzhou Goaland Energy Conservation Tech Co Ltd (SZSE:300499) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.3 Nanyun 5th Road, High-tech Industrial Development Zone, Science City, Guangzhou, CHN, 510663

Website

http://www.goaland.com.cn

Guangzhou Goaland Energy Conservation Tech Co Ltd is a supplier of pure water cooling equipment for domestic power electronic devices. Its products include DC transmission converter valve pure water, Cooling equipment, new energy power converter, pure water cooling equipment, flexible AC transmission and distribution thyristor valve, pure water cooling equipment, high-power electric drive inverter, pure water cooling equipment and control systems for all types of water-cooled equipment.

Executives

Li Qi	Director
Guan Sheng Li	Directors, executives
Liang Qing Li	Executives
Xie Rong Qin	Secretary Dong
Tang Hong	Director
Zhu Zhi Hong	Supervisors
Liao Cui	Securities Affairs Representative
Wu Wen Wei	Director

Guangzhou Goaland Energy Conservation Tech Co Headlines

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