Jones Tech (SZSE:300684) Days Payable : 127.32 (As of Mar. 2024)

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What is Jones Tech Days Payable?

Jones Tech's average Accounts Payable for the three months ended in Mar. 2024 was ¥291 Mil. Jones Tech's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥208 Mil. Hence, Jones Tech's Days Payable for the three months ended in Mar. 2024 was 127.32.

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

SZSE:300684' s Days Payable Range Over the Past 10 Years
Min: 86.24 Med: 99.77 Max: 223.73
Current: 115.89

During the past 13 years, Jones Tech's highest Days Payable was 223.73. The lowest was 86.24. And the median was 99.77.

SZSE:300684's Days Payable is ranked better than
76.4% of 2419 companies
in the Hardware industry
Industry Median: 67.95 vs SZSE:300684: 115.89

Jones Tech's Days Payable increased from Mar. 2023 (120.90) to Mar. 2024 (127.32). It may suggest that Jones Tech delayed paying its suppliers.

Jones Tech Days Payable Historical Data

The historical data trend for Jones Tech'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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Jones Tech Days Payable Chart

Jones Tech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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86.24

86.34

92.15

98.43

131.69

Jones Tech 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															120.90	98.33	122.78	127.29	127.32

Competitive Comparison of Jones Tech's Days Payable

For the Electronic Components subindustry, Jones Tech'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.

Jones Tech's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jones Tech's Days Payable distribution charts can be found below:

* The bar in red indicates where Jones Tech's Days Payable falls into.

Jones Tech 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.

Jones Tech'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
=	( (375	+	304.826)	/	2 )	/	942.111	*	365
=	339.913					/	942.111	*	365
=	131.69

Jones Tech'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
=	( (304.826	+	276.61)	/	2 )	/	208.359	*	365 / 4
=	290.718					/	208.359	*	365 / 4
=	127.32

Jones Tech Days Payable Related Terms

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Jones Tech (SZSE:300684) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jones Tech PLC (SZSE:300684) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.3 Dong Huan Zhong Lu, Beijing Economical & Technological Development Area, Beijing, CHN, 100070

Website

http://www.jones-corp.com

Jones Tech PLC provides solutions to improve electronics equipment. The company's core products consist of thermal management materials, shielding material, power filters, and EMC/EMP services. Jones Tech also provides EMI testing and certification service. The company serves a diverse set of markets including telecommunications, medical electronics, information technology, industrial machinery manufacturing, rail transportation and renewable energy.

Executives

Zhu Guang Fu	Executives
Yuan Jing	Supervisors
Chen Yu	Directors, Directors, and Executives
Chen Qu	Directors, executives
Ye Lu	Directors, executives
Wu Xiao Ning	Director
	Director
Zhang Wei Na	Securities Affairs Representative

Jones Tech (SZSE:300684) Headlines

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