Jilin Jlu Communication Design Institute Co (SZSE:300597) Days Payable : 98.96 (As of Mar. 2024)

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What is Jilin Jlu Communication Design Institute Co Days Payable?

Jilin Jlu Communication Design Institute Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥85.7 Mil. Jilin Jlu Communication Design Institute Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥79.1 Mil. Hence, Jilin Jlu Communication Design Institute Co's Days Payable for the three months ended in Mar. 2024 was 98.96.

The historical rank and industry rank for Jilin Jlu Communication Design Institute Co's Days Payable or its related term are showing as below:

SZSE:300597' s Days Payable Range Over the Past 10 Years
Min: 90.99 Med: 139.09 Max: 182.92
Current: 90.99

During the past 13 years, Jilin Jlu Communication Design Institute Co's highest Days Payable was 182.92. The lowest was 90.99. And the median was 139.09.

SZSE:300597's Days Payable is ranked better than
58.71% of 1608 companies
in the Construction industry
Industry Median: 76.17 vs SZSE:300597: 90.99

Jilin Jlu Communication Design Institute Co's Days Payable declined from Mar. 2023 (191.52) to Mar. 2024 (98.96). It may suggest that Jilin Jlu Communication Design Institute Co accelerated paying its suppliers.

Jilin Jlu Communication Design Institute Co Days Payable Historical Data

The historical data trend for Jilin Jlu Communication Design Institute 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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Jilin Jlu Communication Design Institute Co Days Payable Chart

Jilin Jlu Communication Design Institute Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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165.39

158.70

126.23

116.37

112.79

Jilin Jlu Communication Design Institute 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															191.52	118.81	99.74	63.71	98.96

Competitive Comparison of Jilin Jlu Communication Design Institute Co's Days Payable

For the Engineering & Construction subindustry, Jilin Jlu Communication Design Institute 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.

Jilin Jlu Communication Design Institute Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jilin Jlu Communication Design Institute Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jilin Jlu Communication Design Institute Co's Days Payable falls into.

Jilin Jlu Communication Design Institute 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.

Jilin Jlu Communication Design Institute 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
=	( (162.603	+	107.881)	/	2 )	/	437.655	*	365
=	135.242					/	437.655	*	365
=	112.79

Jilin Jlu Communication Design Institute 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
=	( (107.881	+	63.581)	/	2 )	/	79.052	*	365 / 4
=	85.731					/	79.052	*	365 / 4
=	98.96

Jilin Jlu Communication Design Institute Co Days Payable Related Terms

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Jilin Jlu Communication Design Institute Co (SZSE:300597) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Jilin Jlu Communication Design Institute Co Ltd (SZSE:300597) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Nanhu Xuefu Classic Community, Room 701, Building 9, Chaoyang District, Changchun, CHN, 130012

Website

http://www.jlucdi.com

Jilin Jlu Communication Design Institute Co Ltd is a China based company engaged in consulting, surveying and design of communication engineering projects. Its services include planning, feasibility study, evaluation, scheme design, project proposal, and technical specification. The business areas of the company comprise Service area, Professional scope, and Service object. Its service scope comprises core network, data network, support network, mobile communication, microwave communication, wireless network optimization, optical fiber communication, communication power supply, communication line, communication pipeline, CATV, intelligent building system integration, broadband fiber access, and smart city construction among others.

Executives

Lin Jia Yun	Director
Ma Shu Cai	Directors, executives
Wu Liang Chun	Directors, executives
Zhou Wei	Directors, Directors, and Executives
Xia Xi Gang	Executives
Jin Yi Jing	Executives
Geng Yan	Securities Affairs Representative
Qiao Yuan Zhi	Supervisors
Li Bao Yan	Supervisors

Jilin Jlu Communication Design Institute Co (SZSE:300597) Headlines

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