HAXC Holdings (Beijing) Co (SZSE:300928) Days Payable : 17.75 (As of Mar. 2024)

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What is HAXC Holdings (Beijing) Co Days Payable?

HAXC Holdings (Beijing) Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥32.6 Mil. HAXC Holdings (Beijing) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥167.8 Mil. Hence, HAXC Holdings (Beijing) Co's Days Payable for the three months ended in Mar. 2024 was 17.75.

The historical rank and industry rank for HAXC Holdings (Beijing) Co's Days Payable or its related term are showing as below:

SZSE:300928' s Days Payable Range Over the Past 10 Years
Min: 6.86 Med: 34.41 Max: 68.44
Current: 12.11

During the past 9 years, HAXC Holdings (Beijing) Co's highest Days Payable was 68.44. The lowest was 6.86. And the median was 34.41.

SZSE:300928's Days Payable is ranked worse than
95.73% of 1266 companies
in the Vehicles & Parts industry
Industry Median: 66.61 vs SZSE:300928: 12.11

HAXC Holdings (Beijing) Co's Days Payable increased from Mar. 2023 (7.32) to Mar. 2024 (17.75). It may suggest that HAXC Holdings (Beijing) Co delayed paying its suppliers.

HAXC Holdings (Beijing) Co Days Payable Historical Data

The historical data trend for HAXC Holdings (Beijing) 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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HAXC Holdings (Beijing) Co Days Payable Chart

HAXC Holdings (Beijing) Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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34.52

68.44

67.11

10.19

6.86

HAXC Holdings (Beijing) 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															7.32	9.94	5.00	13.87	17.75

Competitive Comparison of HAXC Holdings (Beijing) Co's Days Payable

For the Auto Parts subindustry, HAXC Holdings (Beijing) 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.

HAXC Holdings (Beijing) Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, HAXC Holdings (Beijing) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where HAXC Holdings (Beijing) Co's Days Payable falls into.

HAXC Holdings (Beijing) 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.

HAXC Holdings (Beijing) 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
=	( (8.619	+	24.926)	/	2 )	/	891.874	*	365
=	16.7725					/	891.874	*	365
=	6.86

HAXC Holdings (Beijing) 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
=	( (24.926	+	40.361)	/	2 )	/	167.836	*	365 / 4
=	32.6435					/	167.836	*	365 / 4
=	17.75

HAXC Holdings (Beijing) Co Days Payable Related Terms

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HAXC Holdings (Beijing) Co (SZSE:300928) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » HAXC Holdings (Beijing) Co Ltd (SZSE:300928) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 17, Jingsheng South Fourth Street, Building A, Jinqiao Science and Technology Industrial Base, Tongzhou Park, Zhongguancun Science Park, Tongzhou District, Beijing, CHN, 101102

Website

http://www.haxc.com.cn

HAXC Holdings Beijing Co Ltd is a service provider of automotive cockpit electronics. Its main business is customization and selection of core display devices, software system development, and sales of supporting devices for automotive central control and LCD instrumentation. The company's products and services specifically include the customized development and selection and sales of automotive display screens, the development of full LCD instrument software and hardware systems, and the development of integrated cockpit display systems, human-machine interaction design, and user interaction interfaces design, vehicle Ethernet system development, and other software and hardware products and solutions that are in line with the development of intelligent and electronic car cabins.

Executives

Niu Qing Qing	Directors, executives
Zhang Long	Executives
Xiao Yan	Director
Yi Shan	Directors, executives
He Pan	Directors, executives

HAXC Holdings (Beijing) Co (SZSE:300928) Headlines

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