Sichuan Injet Electric Co (SZSE:300820) Days Payable : 57.35 (As of Sep. 2024)

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What is Sichuan Injet Electric Co Days Payable?

Sichuan Injet Electric Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥195 Mil. Sichuan Injet Electric Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥310 Mil. Hence, Sichuan Injet Electric Co's Days Payable for the three months ended in Sep. 2024 was 57.35.

The historical rank and industry rank for Sichuan Injet Electric Co's Days Payable or its related term are showing as below:

SZSE:300820' s Days Payable Range Over the Past 10 Years
Min: 54.08 Med: 85.14 Max: 142.1
Current: 71.5

During the past 12 years, Sichuan Injet Electric Co's highest Days Payable was 142.10. The lowest was 54.08. And the median was 85.14.

SZSE:300820's Days Payable is ranked worse than
52.59% of 2930 companies
in the Industrial Products industry
Industry Median: 75.76 vs SZSE:300820: 71.50

Sichuan Injet Electric Co's Days Payable declined from Sep. 2023 (89.31) to Sep. 2024 (57.35). It may suggest that Sichuan Injet Electric Co accelerated paying its suppliers.

Sichuan Injet Electric Co Days Payable Historical Data

The historical data trend for Sichuan Injet Electric 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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Sichuan Injet Electric Co Days Payable Chart

Sichuan Injet Electric Co Annual Data

Trend

Dec11

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

54.08

77.79

98.47

88.39

79.89

Sichuan Injet Electric Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															89.31	58.73	102.73	82.90	57.35

Competitive Comparison of Sichuan Injet Electric Co's Days Payable

For the Electrical Equipment & Parts subindustry, Sichuan Injet Electric 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.

Sichuan Injet Electric Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sichuan Injet Electric Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sichuan Injet Electric Co's Days Payable falls into.

Sichuan Injet Electric 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.

Sichuan Injet Electric Co'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
=	( (231.016	+	255.3)	/	2 )	/	1110.996	*	365
=	243.158					/	1110.996	*	365
=	79.89

Sichuan Injet Electric Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (207.502	+	182.49)	/	2 )	/	310.238	*	365 / 4
=	194.996					/	310.238	*	365 / 4
=	57.35

Sichuan Injet Electric Co Days Payable Related Terms

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Sichuan Injet Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sichuan Injet Electric Co Ltd (SZSE:300820) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No.686 West Jinshajiang Road, Sichuan Province, Deyang, CHN, 618000

Website

http://www.injet.cn

Sichuan Injet Electric Co Ltd is engaged in production and sales of electronics, microelectronics and power electronics and other control equipments. The company's products include polysilicon CVD reactor power system, polysilicon ingot furnace power supply, single crystal furnace power supply, Sapphire furnace power supply, special power supply, power controller and system, active power filter and other power products and industrial power system solutions.

Executives

Chen Jin Jie	Executives
Zhang Hai Tao	Executives
Cui Lian Run	Executives
Wang Jun	Director
Liu Shao De	Directors, executives
Zhang Yu	Independent director

Sichuan Injet Electric Co Headlines

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