Hangzhou Zhongya Machinery Co (SZSE:300512) Days Payable : 143.22 (As of Jun. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Hangzhou Zhongya Machinery Co Days Payable?

Hangzhou Zhongya Machinery Co's average Accounts Payable for the three months ended in Jun. 2024 was ¥291 Mil. Hangzhou Zhongya Machinery Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥185 Mil. Hence, Hangzhou Zhongya Machinery Co's Days Payable for the three months ended in Jun. 2024 was 143.22.

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

SZSE:300512' s Days Payable Range Over the Past 10 Years
Min: 106.44 Med: 150.48 Max: 172.51
Current: 145.03

During the past 13 years, Hangzhou Zhongya Machinery Co's highest Days Payable was 172.51. The lowest was 106.44. And the median was 150.48.

SZSE:300512's Days Payable is ranked better than
76.63% of 2944 companies
in the Industrial Products industry
Industry Median: 75.425 vs SZSE:300512: 145.03

Hangzhou Zhongya Machinery Co's Days Payable declined from Jun. 2023 (157.91) to Jun. 2024 (143.22). It may suggest that Hangzhou Zhongya Machinery Co accelerated paying its suppliers.

Hangzhou Zhongya Machinery Co Days Payable Historical Data

The historical data trend for Hangzhou Zhongya Machinery 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.

Hangzhou Zhongya Machinery Co Days Payable Chart

Hangzhou Zhongya Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

127.82

153.17

124.45

172.51

151.17

Hangzhou Zhongya Machinery 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															157.91	146.36	124.87	166.58	143.22

Competitive Comparison of Hangzhou Zhongya Machinery Co's Days Payable

For the Specialty Industrial Machinery subindustry, Hangzhou Zhongya Machinery 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.

Hangzhou Zhongya Machinery Co's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Hangzhou Zhongya Machinery Co's Days Payable falls into.

Hangzhou Zhongya Machinery 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.

Hangzhou Zhongya Machinery 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
=	( (286.044	+	283.454)	/	2 )	/	687.506	*	365
=	284.749					/	687.506	*	365
=	151.17

Hangzhou Zhongya Machinery 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
=	( (294.015	+	287)	/	2 )	/	185.093	*	365 / 4
=	290.5075					/	185.093	*	365 / 4
=	143.22

Hangzhou Zhongya Machinery Co Days Payable Related Terms

Thank you for viewing the detailed overview of Hangzhou Zhongya Machinery Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Hangzhou Zhongya Machinery Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hangzhou Zhongya Machinery Co Ltd (SZSE:300512) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.189 Fangjiadai Road, Gongshu District, Hangzhou, CHN, 310011

Website

http://www.zhongyagroup.com

Hangzhou Zhongya Machinery Co Ltd is engaged in the manufacturing and selling of packaging equipment for liquid products. Its products include cup filling equipment, bottle filling equipment, bottle blow equipment, downstream packaging, and integrated lines solutions.

Executives

Jia Wen Xin	Executives
Xu Ren	Directors, executives
Wang Ying	Executives
Jin Wei Dong	Directors, executives
Ji Yong Lin	Directors, executives
Shi Zheng	Directors, Directors, and Executives
Shi Zhong Wei	Director
Hu Xi An	Supervisors

Hangzhou Zhongya Machinery Co Headlines

No Headlines