Jiangsu Olive Sensors High-Tech Co (SZSE:300507) Days Payable : 114.81 (As of Mar. 2024)

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What is Jiangsu Olive Sensors High-Tech Co Days Payable?

Jiangsu Olive Sensors High-Tech Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥237 Mil. Jiangsu Olive Sensors High-Tech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥188 Mil. Hence, Jiangsu Olive Sensors High-Tech Co's Days Payable for the three months ended in Mar. 2024 was 114.81.

The historical rank and industry rank for Jiangsu Olive Sensors High-Tech Co's Days Payable or its related term are showing as below:

SZSE:300507' s Days Payable Range Over the Past 10 Years
Min: 80.48 Med: 89.34 Max: 103.98
Current: 86.04

During the past 13 years, Jiangsu Olive Sensors High-Tech Co's highest Days Payable was 103.98. The lowest was 80.48. And the median was 89.34.

SZSE:300507's Days Payable is ranked better than
65.66% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 66.48 vs SZSE:300507: 86.04

Jiangsu Olive Sensors High-Tech Co's Days Payable increased from Mar. 2023 (93.09) to Mar. 2024 (114.81). It may suggest that Jiangsu Olive Sensors High-Tech Co delayed paying its suppliers.

Jiangsu Olive Sensors High-Tech Co Days Payable Historical Data

The historical data trend for Jiangsu Olive Sensors High-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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Jiangsu Olive Sensors High-Tech Co Days Payable Chart

Jiangsu Olive Sensors High-Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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98.38

92.92

90.88

80.48

84.02

Jiangsu Olive Sensors High-Tech 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															93.09	81.76	83.35	75.44	114.81

Competitive Comparison of Jiangsu Olive Sensors High-Tech Co's Days Payable

For the Auto Parts subindustry, Jiangsu Olive Sensors High-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.

Jiangsu Olive Sensors High-Tech Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Jiangsu Olive Sensors High-Tech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangsu Olive Sensors High-Tech Co's Days Payable falls into.

Jiangsu Olive Sensors High-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.

Jiangsu Olive Sensors High-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
=	( (160.033	+	233.281)	/	2 )	/	854.303	*	365
=	196.657					/	854.303	*	365
=	84.02

Jiangsu Olive Sensors High-Tech 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
=	( (233.281	+	239.931)	/	2 )	/	188.058	*	365 / 4
=	236.606					/	188.058	*	365 / 4
=	114.81

Jiangsu Olive Sensors High-Tech Co Days Payable Related Terms

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Jiangsu Olive Sensors High-Tech Co (SZSE:300507) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Jiangsu Olive Sensors High-Tech Co Ltd (SZSE:300507) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No.158 Xiangyuan Road, High-tech Industrial Development Zone, Jiangsu Province, Yangzhou, CHN, 225127

Website

http://www.yos.net.cn

Jiangsu Olive Sensors High-Tech Co Ltd is engaged in manufacturing automobile parts.

Executives

Li Hong Qing	Director
Wang Xiu Hong	Supervisors
Fang Tai Lang	Secretary, Director
Teng Fei	Directors, executives
Dai Zhao Xi	Executives
Qiao Kang	Executives
Sun Hai Xin	Executives
Kong You Tian	Executives
Ni Xing Ping	Securities Affairs Representative

Jiangsu Olive Sensors High-Tech Co (SZSE:300507) Headlines

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