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Guanglian Aviation Industry Co (SZSE:300900) Days Payable : 306.24 (As of Sep. 2024)


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What is Guanglian Aviation Industry Co Days Payable?

Guanglian Aviation Industry Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥365.7 Mil. Guanglian Aviation Industry Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥109.0 Mil. Hence, Guanglian Aviation Industry Co's Days Payable for the three months ended in Sep. 2024 was 306.24.

The historical rank and industry rank for Guanglian Aviation Industry Co's Days Payable or its related term are showing as below:

SZSE:300900' s Days Payable Range Over the Past 10 Years
Min: 138.48   Med: 170.93   Max: 242.4
Current: 242.4

During the past 8 years, Guanglian Aviation Industry Co's highest Days Payable was 242.40. The lowest was 138.48. And the median was 170.93.

SZSE:300900's Days Payable is ranked better than
83.33% of 300 companies
in the Aerospace & Defense industry
Industry Median: 71.79 vs SZSE:300900: 242.40

Guanglian Aviation Industry Co's Days Payable increased from Sep. 2023 (201.14) to Sep. 2024 (306.24). It may suggest that Guanglian Aviation Industry Co delayed paying its suppliers.


Guanglian Aviation Industry Co Days Payable Historical Data

The historical data trend for Guanglian Aviation Industry 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.

* Premium members only.

Guanglian Aviation Industry Co Days Payable Chart

Guanglian Aviation Industry Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 162.29 170.93 206.37 173.37 230.69

Guanglian Aviation Industry 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 201.14 249.61 215.32 206.45 306.24

Competitive Comparison of Guanglian Aviation Industry Co's Days Payable

For the Aerospace & Defense subindustry, Guanglian Aviation Industry 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.


Guanglian Aviation Industry Co's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Guanglian Aviation Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guanglian Aviation Industry Co's Days Payable falls into.



Guanglian Aviation Industry 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.

Guanglian Aviation Industry 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
=( (218.246 + 319.747) / 2 ) / 425.611*365
=268.9965 / 425.611*365
=230.69

Guanglian Aviation Industry 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
=( (346.17 + 385.148) / 2 ) / 108.956*365 / 4
=365.659 / 108.956*365 / 4
=306.24

* 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.


Guanglian Aviation Industry Co Days Payable Related Terms

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Guanglian Aviation Industry Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Hanan 3rd Road, Core Area, Harbin Hanan Industrial New City, Heilongjiang Province, Harbin, CHN, 150060
Guanglian Aviation Industry Co Ltd is specializes in the design, R&D and manufacturing of aviation industry-related products. The company manufactures aerospace metal and composite material parts, the design and manufacture of aviation process equipment (tooling), the manufacture of aircraft parts, and the aircraft design and manufacturing business.
Executives
Chang Liang Directors, executives
Yang Shou Ji Director
Yu Gang Directors, executives
Geng Shao Kun Supervisors
Zhu Hong Min Directors, executives
Hu Quan Directors, executives
Wang Xi Jiang Supervisors

Guanglian Aviation Industry Co Headlines

No Headlines