J Pond Precision Technology Co (SZSE:301326) Days Payable : 80.40 (As of Jun. 2024)

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What is J Pond Precision Technology Co Days Payable?

J Pond Precision Technology Co's average Accounts Payable for the three months ended in Jun. 2024 was ¥119.3 Mil. J Pond Precision Technology Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥135.5 Mil. Hence, J Pond Precision Technology Co's Days Payable for the three months ended in Jun. 2024 was 80.40.

The historical rank and industry rank for J Pond Precision Technology Co's Days Payable or its related term are showing as below:

SZSE:301326' s Days Payable Range Over the Past 10 Years
Min: 87.4 Med: 114.77 Max: 162.17
Current: 87.4

During the past 6 years, J Pond Precision Technology Co's highest Days Payable was 162.17. The lowest was 87.40. And the median was 114.77.

SZSE:301326's Days Payable is ranked better than
57.71% of 2944 companies
in the Industrial Products industry
Industry Median: 75.425 vs SZSE:301326: 87.40

J Pond Precision Technology Co's Days Payable increased from Jun. 2023 (79.78) to Jun. 2024 (80.40). It may suggest that J Pond Precision Technology Co delayed paying its suppliers.

J Pond Precision Technology Co Days Payable Historical Data

The historical data trend for J Pond Precision 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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J Pond Precision Technology Co Days Payable Chart

J Pond Precision Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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141.14

114.77

91.20

90.78

J Pond Precision Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial											79.78	81.82	98.45	86.51	80.40

Competitive Comparison of J Pond Precision Technology Co's Days Payable

For the Metal Fabrication subindustry, J Pond Precision 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.

J Pond Precision Technology Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, J Pond Precision Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where J Pond Precision Technology Co's Days Payable falls into.

J Pond Precision 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.

J Pond Precision 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
=	( (136.027	+	128.556)	/	2 )	/	531.933	*	365
=	132.2915					/	531.933	*	365
=	90.78

J Pond Precision Technology Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (107.934	+	130.765)	/	2 )	/	135.456	*	365 / 4
=	119.3495					/	135.456	*	365 / 4
=	80.40

J Pond Precision Technology Co Days Payable Related Terms

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J Pond Precision Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » J Pond Precision Technology Co Ltd (SZSE:301326) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, R&D 1st Road, Songshan Lake Park, Room 201, Building 1, Guangdong Province, Dongguan, CHN, 523808

Website

http://www.jpond.com.cn

J Pond Precision Technology Co Ltd is engaged in the design, development, production and sales of precision functional parts and structural parts.

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