Shandong Taihe Technologies Co (SZSE:300801) Days Payable : 68.31 (As of Mar. 2025)

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What is Shandong Taihe Technologies Co Days Payable?

Shandong Taihe Technologies Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥431 Mil. Shandong Taihe Technologies Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥576 Mil. Hence, Shandong Taihe Technologies Co's Days Payable for the three months ended in Mar. 2025 was 68.31.

The historical rank and industry rank for Shandong Taihe Technologies Co's Days Payable or its related term are showing as below:

SZSE:300801' s Days Payable Range Over the Past 10 Years
Min: 50.1 Med: 74.29 Max: 94.19
Current: 69.26

During the past 13 years, Shandong Taihe Technologies Co's highest Days Payable was 94.19. The lowest was 50.10. And the median was 74.29.

SZSE:300801's Days Payable is ranked better than
58.68% of 1515 companies
in the Chemicals industry
Industry Median: 57.84 vs SZSE:300801: 69.26

Shandong Taihe Technologies Co's Days Payable declined from Mar. 2024 (72.97) to Mar. 2025 (68.31). It may suggest that Shandong Taihe Technologies Co accelerated paying its suppliers.

Shandong Taihe Technologies Co Days Payable Historical Data

The historical data trend for Shandong Taihe Technologies 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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Shandong Taihe Technologies Co Days Payable Chart

Shandong Taihe Technologies Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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56.58

54.99

50.10

61.34

74.89

Shandong Taihe Technologies Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															72.97	69.06	76.22	70.01	68.31

Competitive Comparison of Shandong Taihe Technologies Co's Days Payable

For the Chemicals subindustry, Shandong Taihe Technologies 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.

Shandong Taihe Technologies Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Taihe Technologies Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shandong Taihe Technologies Co's Days Payable falls into.

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Shandong Taihe Technologies 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.

Shandong Taihe Technologies 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
=	( (353.447	+	471.969)	/	2 )	/	2011.362	*	365
=	412.708					/	2011.362	*	365
=	74.89

Shandong Taihe Technologies 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
=	( (471.969	+	390.468)	/	2 )	/	576.034	*	365 / 4
=	431.2185					/	576.034	*	365 / 4
=	68.31

Shandong Taihe Technologies Co Days Payable Related Terms

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Shandong Taihe Technologies Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shandong Taihe Technologies Co Ltd (SZSE:300801) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No.1, Shiliquan East Road, Shizhong District, Shandong Province, Zaozhuang, CHN, 277100

Website

http://www.thwater.net

Shandong Taihe Technologies Co Ltd is engaged in the development, production and sales of water treatment chemicals.

Executives

Liu Quan Hua	Executives
Cheng Zhong Fa	Secretary, Director
Zhang Jing	Directors, executives
Yao Ya	Directors, executives
Jian Qian	Executives
Ren Zhen Zhen	Executives
Ding Zhi Bo	Executives
Wan Zhen Tao	Executives
Zhou Lei	Executives
Wang Zhang Ying	Director

Shandong Taihe Technologies Co Headlines

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