Beijing Beetech (SZSE:300667) Days Payable : 68.35 (As of Mar. 2024)

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What is Beijing Beetech Days Payable?

Beijing Beetech's average Accounts Payable for the three months ended in Mar. 2024 was ¥79.6 Mil. Beijing Beetech's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥106.2 Mil. Hence, Beijing Beetech's Days Payable for the three months ended in Mar. 2024 was 68.35.

The historical rank and industry rank for Beijing Beetech's Days Payable or its related term are showing as below:

SZSE:300667' s Days Payable Range Over the Past 10 Years
Min: 45.45 Med: 63.86 Max: 148.68
Current: 51.35

During the past 12 years, Beijing Beetech's highest Days Payable was 148.68. The lowest was 45.45. And the median was 63.86.

SZSE:300667's Days Payable is ranked worse than
68.32% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs SZSE:300667: 51.35

Beijing Beetech's Days Payable increased from Mar. 2023 (46.36) to Mar. 2024 (68.35). It may suggest that Beijing Beetech delayed paying its suppliers.

Beijing Beetech Days Payable Historical Data

The historical data trend for Beijing Beetech'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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Beijing Beetech Days Payable Chart

Beijing Beetech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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74.28

61.71

56.28

58.58

45.45

Beijing Beetech 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															46.36	54.30	71.90	31.95	68.35

Competitive Comparison of Beijing Beetech's Days Payable

For the Electrical Equipment & Parts subindustry, Beijing Beetech'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.

Beijing Beetech's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing Beetech's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing Beetech's Days Payable falls into.

Beijing Beetech 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.

Beijing Beetech'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
=	( (71.58	+	75.89)	/	2 )	/	592.107	*	365
=	73.735					/	592.107	*	365
=	45.45

Beijing Beetech'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
=	( (75.89	+	83.261)	/	2 )	/	106.236	*	365 / 4
=	79.5755					/	106.236	*	365 / 4
=	68.35

Beijing Beetech Days Payable Related Terms

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Beijing Beetech (SZSE:300667) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijing Beetech Inc (SZSE:300667) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Seven Streets 7th Floor, No. 1 Huizhong Building, Haidian District, Beijing, CHN, 100085

Website

http://www.beetech.cn

Beijing Beetech Inc is a China-based company. It is a wireless sensor network system solutions and micro-electro-mechanical systems (MEMS) sensor chip provider. The company provides monitoring solutions for smart industrial, digital oilfields, smart grids and other fields. It also focuses on testing solutions in the fields of equipment manufacturing, research and testing, teaching and experiment and defense research, and MEMS products for automotive electronics and consumer electronics.

Executives

Zhang Zhi Tao	Executives
Ding Liang Cheng	Director
Xu Feng	Directors, executives
Dai Xiao Ning	Directors, executives
Shen Wei Zhen	Executives
Chen De Min	Supervisors
Deng Yan Qing	Executives
Tang Zhi Bin	Directors, executives
He Lei	Director
Gong Dao Yong	Director

Beijing Beetech (SZSE:300667) Headlines

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