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Guoanda Co (SZSE:300902) Days Payable : 164.72 (As of Mar. 2024)


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What is Guoanda Co Days Payable?

Guoanda Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥63.3 Mil. Guoanda Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥35.0 Mil. Hence, Guoanda Co's Days Payable for the three months ended in Mar. 2024 was 164.72.

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

SZSE:300902' s Days Payable Range Over the Past 10 Years
Min: 101.27   Med: 146.74   Max: 171.53
Current: 101.27

During the past 11 years, Guoanda Co's highest Days Payable was 171.53. The lowest was 101.27. And the median was 146.74.

SZSE:300902's Days Payable is ranked better than
76% of 929 companies
in the Business Services industry
Industry Median: 46.74 vs SZSE:300902: 101.27

Guoanda Co's Days Payable declined from Mar. 2023 (174.07) to Mar. 2024 (164.72). It may suggest that Guoanda Co accelerated paying its suppliers.


Guoanda Co Days Payable Historical Data

The historical data trend for Guoanda 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.

Guoanda Co Days Payable Chart

Guoanda Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 153.29 133.06 126.21 151.10 124.12

Guoanda Co 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 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 174.07 117.72 97.33 82.26 164.72

Competitive Comparison of Guoanda Co's Days Payable

For the Security & Protection Services subindustry, Guoanda 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.


Guoanda Co's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Guoanda Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guoanda Co's Days Payable falls into.



Guoanda 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.

Guoanda 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
=( (62.51 + 72.983) / 2 ) / 199.225*365
=67.7465 / 199.225*365
=124.12

Guoanda Co'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
=( (72.983 + 53.536) / 2 ) / 35.044*365 / 4
=63.2595 / 35.044*365 / 4
=164.72

* 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.


Guoanda Co Days Payable Related Terms

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Guoanda Co (SZSE:300902) Business Description

Traded in Other Exchanges
N/A
Address
39 Houshantou Road, Guankou Mechanical and Electrical Industrial Zone, Guankou Town, Jimei District, Fujian Province, Xiamen, CHN, 361023
Guoanda Co Ltd is a supplier of fire extinguisher systems in the domestic transportation and and power grid industries.
Executives
Wu Tian Lin Supervisors
Lin Mei Chai Director
Wang Zheng Executives
Chang Shi Wei Executives
Xu Yan Qing Directors, executives
Li Xiu Hao Executives
Zhu Gui Yang Executives
Huang Wen Cong Supervisors
Hong Wei Yi Directors, executives
Lian Jian Sheng Directors, executives

Guoanda Co (SZSE:300902) Headlines

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