ZheJiang Yayi Metal Technology Co (SZSE:301113) Days Payable : 172.82 (As of Mar. 2024)

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What is ZheJiang Yayi Metal Technology Co Days Payable?

ZheJiang Yayi Metal Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥54.1 Mil. ZheJiang Yayi Metal Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥28.6 Mil. Hence, ZheJiang Yayi Metal Technology Co's Days Payable for the three months ended in Mar. 2024 was 172.82.

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

SZSE:301113' s Days Payable Range Over the Past 10 Years
Min: 42.34 Med: 71.5 Max: 171.53
Current: 124.77

During the past 9 years, ZheJiang Yayi Metal Technology Co's highest Days Payable was 171.53. The lowest was 42.34. And the median was 71.50.

SZSE:301113's Days Payable is ranked better than
80.59% of 407 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 67.15 vs SZSE:301113: 124.77

ZheJiang Yayi Metal Technology Co's Days Payable declined from Mar. 2023 (193.81) to Mar. 2024 (172.82). It may suggest that ZheJiang Yayi Metal Technology Co accelerated paying its suppliers.

ZheJiang Yayi Metal Technology Co Days Payable Historical Data

The historical data trend for ZheJiang Yayi Metal 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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ZheJiang Yayi Metal Technology Co Days Payable Chart

ZheJiang Yayi Metal Technology Co Annual Data

Trend

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

102.84

71.50

56.92

123.09

171.53

ZheJiang Yayi Metal Technology Co Quarterly Data
	Dec18	Jun19	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															193.81	186.53	81.43	139.38	172.82

Competitive Comparison of ZheJiang Yayi Metal Technology Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, ZheJiang Yayi Metal 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.

ZheJiang Yayi Metal Technology Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, ZheJiang Yayi Metal Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where ZheJiang Yayi Metal Technology Co's Days Payable falls into.

ZheJiang Yayi Metal 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.

ZheJiang Yayi Metal 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
=	( (30.38	+	64.404)	/	2 )	/	100.848	*	365
=	47.392					/	100.848	*	365
=	171.53

ZheJiang Yayi Metal 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
=	( (64.404	+	43.771)	/	2 )	/	28.559	*	365 / 4
=	54.0875					/	28.559	*	365 / 4
=	172.82

ZheJiang Yayi Metal Technology Co Days Payable Related Terms

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ZheJiang Yayi Metal Technology Co (SZSE:301113) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » ZheJiang Yayi Metal Technology Co Ltd (SZSE:301113) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Industrial Functional Zone (Phase II), Wuyi County, Zhejiang Province, Jiaodao Town, CHN, 321200

Website

http://www.china-yayi.com

ZheJiang Yayi Metal Technology Co Ltd is engaged in the research and development, design, production and sales of outdoor leisure furniture such as outdoor braziers and gas stoves.

ZheJiang Yayi Metal Technology Co (SZSE:301113) Headlines

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