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Hubei Zhongyi Technology (SZSE:301150) Days Payable : 150.80 (As of Mar. 2025)


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What is Hubei Zhongyi Technology Days Payable?

Hubei Zhongyi Technology's average Accounts Payable for the three months ended in Mar. 2025 was ¥1,966 Mil. Hubei Zhongyi Technology's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥1,190 Mil. Hence, Hubei Zhongyi Technology's Days Payable for the three months ended in Mar. 2025 was 150.80.

The historical rank and industry rank for Hubei Zhongyi Technology's Days Payable or its related term are showing as below:

SZSE:301150' s Days Payable Range Over the Past 10 Years
Min: 14.21   Med: 39.8   Max: 119.33
Current: 113.03

During the past 11 years, Hubei Zhongyi Technology's highest Days Payable was 119.33. The lowest was 14.21. And the median was 39.80.

SZSE:301150's Days Payable is ranked better than
67.7% of 2944 companies
in the Industrial Products industry
Industry Median: 76.18 vs SZSE:301150: 113.03

Hubei Zhongyi Technology's Days Payable increased from Mar. 2024 (103.34) to Mar. 2025 (150.80). It may suggest that Hubei Zhongyi Technology delayed paying its suppliers.


Hubei Zhongyi Technology Days Payable Historical Data

The historical data trend for Hubei Zhongyi Technology'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.

Hubei Zhongyi Technology Days Payable Chart

Hubei Zhongyi Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.19 38.62 34.29 75.02 119.33

Hubei Zhongyi Technology Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 103.34 80.58 93.63 125.68 150.80

Competitive Comparison of Hubei Zhongyi Technology's Days Payable

For the Electrical Equipment & Parts subindustry, Hubei Zhongyi Technology'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.


Hubei Zhongyi Technology's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hubei Zhongyi Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Hubei Zhongyi Technology's Days Payable falls into.


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Hubei Zhongyi Technology 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.

Hubei Zhongyi Technology's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (1106.537 + 1928.758) / 2 ) / 4642.01*365
=1517.6475 / 4642.01*365
=119.33

Hubei Zhongyi Technology's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (1928.758 + 2004.106) / 2 ) / 1189.878*365 / 4
=1966.432 / 1189.878*365 / 4
=150.80

* 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.


Hubei Zhongyi Technology Days Payable Related Terms

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Hubei Zhongyi Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 47, Mengze Avenue South, Economic Development Zone, Hubei Province, Yunmeng, CHN, 432500
Hubei Zhongyi Technology Inc is engaged in the research and development, production and sales of various single and double-sided optical high-performance electrolytic copper foil series products.
Executives
Yin Tao Director

Hubei Zhongyi Technology Headlines

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