Suwen Electric Energy Technology Co (SZSE:300982) Days Payable : 244.58 (As of Mar. 2024)

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What is Suwen Electric Energy Technology Co Days Payable?

Suwen Electric Energy Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,101 Mil. Suwen Electric Energy Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥411 Mil. Hence, Suwen Electric Energy Technology Co's Days Payable for the three months ended in Mar. 2024 was 244.58.

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

SZSE:300982' s Days Payable Range Over the Past 10 Years
Min: 115.35 Med: 137 Max: 197.07
Current: 170.21

During the past 8 years, Suwen Electric Energy Technology Co's highest Days Payable was 197.07. The lowest was 115.35. And the median was 137.00.

SZSE:300982's Days Payable is ranked better than
80.76% of 499 companies
in the Utilities - Regulated industry
Industry Median: 66.38 vs SZSE:300982: 170.21

Suwen Electric Energy Technology Co's Days Payable increased from Mar. 2023 (217.77) to Mar. 2024 (244.58). It may suggest that Suwen Electric Energy Technology Co delayed paying its suppliers.

Suwen Electric Energy Technology Co Days Payable Historical Data

The historical data trend for Suwen Electric Energy Technology 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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Suwen Electric Energy Technology Co Days Payable Chart

Suwen Electric Energy Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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118.53

137.00

162.42

195.44

197.07

Suwen Electric Energy Technology Co Quarterly Data
	Dec18	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															217.77	161.81	173.54	143.54	244.58

Competitive Comparison of Suwen Electric Energy Technology Co's Days Payable

For the Utilities - Regulated Electric subindustry, Suwen Electric Energy Technology 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.

Suwen Electric Energy Technology Co's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Suwen Electric Energy Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Suwen Electric Energy Technology Co's Days Payable falls into.

Suwen Electric Energy Technology 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.

Suwen Electric Energy Technology 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
=	( (1116.114	+	1229.995)	/	2 )	/	2172.622	*	365
=	1173.0545					/	2172.622	*	365
=	197.07

Suwen Electric Energy Technology 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
=	( (1229.995	+	971.495)	/	2 )	/	410.673	*	365 / 4
=	1100.745					/	410.673	*	365 / 4
=	244.58

Suwen Electric Energy Technology Co Days Payable Related Terms

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Suwen Electric Energy Technology Co (SZSE:300982) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Suwen Electric Energy Technology Co Ltd (SZSE:300982) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

No. 3, Changfan Road, Wujin Economic Development Zone, Jiangsu Province, Changzhou, CHN, 213000

Website

http://www.swdnkj.com

Suwen Electric Energy Technology Co Ltd is a brand service provider for electricity supply and consumption that integrates electricity consulting and design, electricity engineering construction, power equipment supply and smart electricity services.

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