Jiangnan Yifan Motor Co (SZSE:301023) Days Payable : 214.18 (As of Mar. 2024)

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What is Jiangnan Yifan Motor Co Days Payable?

Jiangnan Yifan Motor Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥54.6 Mil. Jiangnan Yifan Motor Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥23.3 Mil. Hence, Jiangnan Yifan Motor Co's Days Payable for the three months ended in Mar. 2024 was 214.18.

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

SZSE:301023' s Days Payable Range Over the Past 10 Years
Min: 175.68 Med: 201.1 Max: 232.31
Current: 196.03

During the past 7 years, Jiangnan Yifan Motor Co's highest Days Payable was 232.31. The lowest was 175.68. And the median was 201.10.

SZSE:301023's Days Payable is ranked better than
85.9% of 2936 companies
in the Industrial Products industry
Industry Median: 76.395 vs SZSE:301023: 196.03

Jiangnan Yifan Motor Co's Days Payable declined from Mar. 2023 (221.30) to Mar. 2024 (214.18). It may suggest that Jiangnan Yifan Motor Co accelerated paying its suppliers.

Jiangnan Yifan Motor Co Days Payable Historical Data

The historical data trend for Jiangnan Yifan Motor 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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Jiangnan Yifan Motor Co Days Payable Chart

Jiangnan Yifan Motor Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

175.68

199.15

201.10

232.31

207.92

Jiangnan Yifan Motor 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															221.30	180.14	189.49	207.96	214.18

Competitive Comparison of Jiangnan Yifan Motor Co's Days Payable

For the Electrical Equipment & Parts subindustry, Jiangnan Yifan Motor 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.

Jiangnan Yifan Motor Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangnan Yifan Motor Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangnan Yifan Motor Co's Days Payable falls into.

Jiangnan Yifan Motor 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.

Jiangnan Yifan Motor 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
=	( (52.217	+	60.556)	/	2 )	/	98.986	*	365
=	56.3865					/	98.986	*	365
=	207.92

Jiangnan Yifan Motor 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
=	( (60.556	+	48.661)	/	2 )	/	23.266	*	365 / 4
=	54.6085					/	23.266	*	365 / 4
=	214.18

Jiangnan Yifan Motor Co Days Payable Related Terms

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Jiangnan Yifan Motor Co (SZSE:301023) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangnan Yifan Motor Co Ltd (SZSE:301023) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 7, Yanyu Road, Yanqiao Supporting Area, Huishan Economic Development Zone, Jiangsu Province, Wuxi, CHN, 214174

Website

http://www.yifanmotor.com

Jiangnan Yifan Motor Co Ltd is engaged in the research and development, manufacturing and sales of professional customized micro geared motors.

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