Shenzhen S.C New Energy Technology (SZSE:300724) Days Payable : 548.62 (As of Mar. 2024)

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What is Shenzhen S.C New Energy Technology Days Payable?

Shenzhen S.C New Energy Technology's average Accounts Payable for the three months ended in Mar. 2024 was ¥10,398 Mil. Shenzhen S.C New Energy Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,729 Mil. Hence, Shenzhen S.C New Energy Technology's Days Payable for the three months ended in Mar. 2024 was 548.62.

The historical rank and industry rank for Shenzhen S.C New Energy Technology's Days Payable or its related term are showing as below:

SZSE:300724' s Days Payable Range Over the Past 10 Years
Min: 83.69 Med: 184.74 Max: 511.68
Current: 511.68

During the past 11 years, Shenzhen S.C New Energy Technology's highest Days Payable was 511.68. The lowest was 83.69. And the median was 184.74.

SZSE:300724's Days Payable is ranked better than
98.16% of 2936 companies
in the Industrial Products industry
Industry Median: 76.765 vs SZSE:300724: 511.68

Shenzhen S.C New Energy Technology's Days Payable increased from Mar. 2023 (355.38) to Mar. 2024 (548.62). It may suggest that Shenzhen S.C New Energy Technology delayed paying its suppliers.

Shenzhen S.C New Energy Technology Days Payable Historical Data

The historical data trend for Shenzhen S.C New Energy Technology'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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Shenzhen S.C New Energy Technology Days Payable Chart

Shenzhen S.C New Energy Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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177.80

191.68

206.97

295.43

461.43

Shenzhen S.C New Energy Technology 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															355.38	451.12	501.27	578.30	548.62

Competitive Comparison of Shenzhen S.C New Energy Technology's Days Payable

For the Specialty Industrial Machinery subindustry, Shenzhen S.C New Energy Technology'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.

Shenzhen S.C New Energy Technology's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen S.C New Energy Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen S.C New Energy Technology's Days Payable falls into.

Shenzhen S.C New Energy Technology 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.

Shenzhen S.C New Energy Technology'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
=	( (4997.644	+	10691.761)	/	2 )	/	6205.3	*	365
=	7844.7025					/	6205.3	*	365
=	461.43

Shenzhen S.C New Energy Technology'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
=	( (10691.761	+	10104.261)	/	2 )	/	1729.463	*	365 / 4
=	10398.011					/	1729.463	*	365 / 4
=	548.62

Shenzhen S.C New Energy Technology Days Payable Related Terms

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Shenzhen S.C New Energy Technology (SZSE:300724) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen S.C New Energy Technology Corp (SZSE:300724) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 89 Hengping Road, Henggang Street, Buildding D, E (Yongxin Industrial Park) Digital Silicon Valley, Longgang District, Guangdong Province, Shenzhen, CHN, 518115

Website

http://www.chinasc.com.cn

Shenzhen S.C New Energy Technology Corp is a Chinese photo-voltaic and green energy equipment manufacturer. The company offerings are categorized into five categories from mono/multi-Crystalline texturing equipment, diffusion furnace, PSG removal and edge isolation equipment, PECVD to intelligent automation equipment. Its products include Automatic Mono-Crystalline Texturing Equipment, DOA Equipment, Integrated Mono-crystalline/ MCCE Texturing Equipment, Automatic Ultrasonic Wafer Cleaning Equipment, Drying oven, LED devices, and also offers Crystalline Solar Cell Production Line Turnkey Solution.

Executives

Liang Mei Zhen	Director
Li Shi Jun	Directors, executives
Zuo Guo Jun	Directors, executives
Wu Bo	Directors, executives
Zhang Yong	Supervisors

Shenzhen S.C New Energy Technology (SZSE:300724) Headlines

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