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Ningbo Lian Technology Co (SZSE:300784) Days Payable : 142.34 (As of Mar. 2025)


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What is Ningbo Lian Technology Co Days Payable?

Ningbo Lian Technology Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥130.0 Mil. Ningbo Lian Technology Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥83.4 Mil. Hence, Ningbo Lian Technology Co's Days Payable for the three months ended in Mar. 2025 was 142.34.

The historical rank and industry rank for Ningbo Lian Technology Co's Days Payable or its related term are showing as below:

SZSE:300784' s Days Payable Range Over the Past 10 Years
Min: 114.32   Med: 123.92   Max: 180.34
Current: 136.49

During the past 6 years, Ningbo Lian Technology Co's highest Days Payable was 180.34. The lowest was 114.32. And the median was 123.92.

SZSE:300784's Days Payable is ranked better than
74.41% of 2946 companies
in the Industrial Products industry
Industry Median: 76.25 vs SZSE:300784: 136.49

Ningbo Lian Technology Co's Days Payable increased from Mar. 2024 (135.16) to Mar. 2025 (142.34). It may suggest that Ningbo Lian Technology Co delayed paying its suppliers.


Ningbo Lian Technology Co Days Payable Historical Data

The historical data trend for Ningbo Lian Technology 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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Ningbo Lian Technology Co Days Payable Chart

Ningbo Lian Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial 121.67 124.02 114.32 124.24 123.82

Ningbo Lian Technology Co Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 135.16 124.07 156.39 144.95 142.34

Competitive Comparison of Ningbo Lian Technology Co's Days Payable

For the Specialty Industrial Machinery subindustry, Ningbo Lian Technology 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.


Ningbo Lian Technology Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Lian Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Ningbo Lian Technology Co's Days Payable falls into.


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Ningbo Lian Technology 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.

Ningbo Lian Technology Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (112.047 + 137.407) / 2 ) / 367.665*365
=124.727 / 367.665*365
=123.82

Ningbo Lian Technology Co's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (137.407 + 122.688) / 2 ) / 83.372*365 / 4
=130.0475 / 83.372*365 / 4
=142.34

* 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.


Ningbo Lian Technology Co Days Payable Related Terms

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Ningbo Lian Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Huisheng Road, No. 289, Economic Development Zone, Fenghua District, Zhejiang Province, Ningbo, CHN, 315500
Ningbo Lian Technology Co Ltd is engaged in research & development, production and sales of injection molding products and precision injection molds.

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