Malion New Materials Co (SZSE:300586) Days Payable : 51.92 (As of Sep. 2024)

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What is Malion New Materials Co Days Payable?

Malion New Materials Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥219 Mil. Malion New Materials Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥384 Mil. Hence, Malion New Materials Co's Days Payable for the three months ended in Sep. 2024 was 51.92.

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

SZSE:300586' s Days Payable Range Over the Past 10 Years
Min: 60.67 Med: 73.81 Max: 112.16
Current: 60.67

During the past 13 years, Malion New Materials Co's highest Days Payable was 112.16. The lowest was 60.67. And the median was 73.81.

SZSE:300586's Days Payable is ranked better than
50.43% of 1503 companies
in the Chemicals industry
Industry Median: 60.18 vs SZSE:300586: 60.67

Malion New Materials Co's Days Payable declined from Sep. 2023 (67.07) to Sep. 2024 (51.92). It may suggest that Malion New Materials Co accelerated paying its suppliers.

Malion New Materials Co Days Payable Historical Data

The historical data trend for Malion New Materials 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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Malion New Materials Co Days Payable Chart

Malion New Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

68.38

73.44

69.44

66.39

73.66

Malion New Materials 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															67.07	67.14	70.77	53.58	51.92

Competitive Comparison of Malion New Materials Co's Days Payable

For the Specialty Chemicals subindustry, Malion New Materials 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.

Malion New Materials Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Malion New Materials Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Malion New Materials Co's Days Payable falls into.

Malion New Materials 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.

Malion New Materials 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
=	( (294.599	+	298.35)	/	2 )	/	1469.027	*	365
=	296.4745					/	1469.027	*	365
=	73.66

Malion New Materials 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
=	( (208.592	+	228.853)	/	2 )	/	384.434	*	365 / 4
=	218.7225					/	384.434	*	365 / 4
=	51.92

Malion New Materials Co Days Payable Related Terms

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Malion New Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Malion New Materials Co Ltd (SZSE:300586) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 01 Meilian Road, Guangdong Province, Shantou, CHN, 515064

Website

http://www.malion.cn

Malion New Materials Co Ltd is engaged in manufacturing of masterbatch in China. Its products include white masterbatch, black masterbatch, color masterbatch, additive masterbatch and functional materials. They are widely used in food packaging products, medicine packaging products, personal care products, plastic tubing, engineering plastic, plastic household products, electric wire and cable, consumer products, auto plastic parts, agricultural production and others. The products are distributed to both Chinese and other international markets.

Executives

Duan Wen Yong	Directors, Directors, and Executives
Li Xiao Jie	Supervisors
Zhang Chao Yi	Directors, executives
Zhuo Shu Biao	Directors, executives

Malion New Materials Co Headlines

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