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Nanjing TDH Technology Co (SZSE:301378) Days Payable : 222.30 (As of Mar. 2025)


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What is Nanjing TDH Technology Co Days Payable?

Nanjing TDH Technology Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥98.8 Mil. Nanjing TDH Technology Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥40.6 Mil. Hence, Nanjing TDH Technology Co's Days Payable for the three months ended in Mar. 2025 was 222.30.

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

SZSE:301378' s Days Payable Range Over the Past 10 Years
Min: 49.79   Med: 56.41   Max: 161.24
Current: 131.91

During the past 7 years, Nanjing TDH Technology Co's highest Days Payable was 161.24. The lowest was 49.79. And the median was 56.41.

SZSE:301378's Days Payable is ranked better than
75.04% of 2548 companies
in the Software industry
Industry Median: 51.29 vs SZSE:301378: 131.91

Nanjing TDH Technology Co's Days Payable increased from Mar. 2024 (107.73) to Mar. 2025 (222.30). It may suggest that Nanjing TDH Technology Co delayed paying its suppliers.


Nanjing TDH Technology Co Days Payable Historical Data

The historical data trend for Nanjing TDH 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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Nanjing TDH Technology Co Days Payable Chart

Nanjing TDH Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial 56.41 49.79 53.67 80.16 161.24

Nanjing TDH Technology Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 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 107.73 122.75 146.22 126.42 222.30

Competitive Comparison of Nanjing TDH Technology Co's Days Payable

For the Software - Application subindustry, Nanjing TDH 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.


Nanjing TDH Technology Co's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Nanjing TDH Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nanjing TDH Technology Co's Days Payable falls into.


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Nanjing TDH 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.

Nanjing TDH Technology Co'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
=( (95.07 + 141.039) / 2 ) / 267.239*365
=118.0545 / 267.239*365
=161.24

Nanjing TDH Technology Co'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
=( (141.039 + 56.61) / 2 ) / 40.566*365 / 4
=98.8245 / 40.566*365 / 4
=222.30

* 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.


Nanjing TDH Technology Co Days Payable Related Terms

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Nanjing TDH Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 16 Jihui Road, Floor 20, Block B, Lianchuang Building, Gulou District, Jiangsu Province, Nanjing, CHN, 210029
Nanjing TDH Technology Co Ltd specializes in the research and development of judicial information systems and information technology services.

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