Shaanxi Huada Science Technology Co (SZSE:301517) Days Payable : 330.94 (As of Mar. 2024)

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What is Shaanxi Huada Science Technology Co Days Payable?

Shaanxi Huada Science Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥438.9 Mil. Shaanxi Huada Science Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥121.0 Mil. Hence, Shaanxi Huada Science Technology Co's Days Payable for the three months ended in Mar. 2024 was 330.94.

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

SZSE:301517' s Days Payable Range Over the Past 10 Years
Min: 264.24 Med: 379.09 Max: 417.91
Current: 365.36

During the past 6 years, Shaanxi Huada Science Technology Co's highest Days Payable was 417.91. The lowest was 264.24. And the median was 379.09.

SZSE:301517's Days Payable is ranked better than
96.78% of 2424 companies
in the Hardware industry
Industry Median: 68.11 vs SZSE:301517: 365.36

Shaanxi Huada Science Technology Co's Days Payable declined from Mar. 2023 (338.03) to Mar. 2024 (330.94). It may suggest that Shaanxi Huada Science Technology Co accelerated paying its suppliers.

Shaanxi Huada Science Technology Co Days Payable Historical Data

The historical data trend for Shaanxi Huada Science 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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Shaanxi Huada Science Technology Co Days Payable Chart

Shaanxi Huada Science Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

335.13

417.91

406.31

401.63

356.55

Shaanxi Huada Science Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial										338.03	362.86	441.32	369.21	330.94

Competitive Comparison of Shaanxi Huada Science Technology Co's Days Payable

For the Electronic Components subindustry, Shaanxi Huada Science 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.

Shaanxi Huada Science Technology Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shaanxi Huada Science Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shaanxi Huada Science Technology Co's Days Payable falls into.

Shaanxi Huada Science 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.

Shaanxi Huada Science 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
=	( (537.659	+	457.475)	/	2 )	/	509.366	*	365
=	497.567					/	509.366	*	365
=	356.55

Shaanxi Huada Science 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
=	( (457.475	+	420.322)	/	2 )	/	121.016	*	365 / 4
=	438.8985					/	121.016	*	365 / 4
=	330.94

Shaanxi Huada Science Technology Co Days Payable Related Terms

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Shaanxi Huada Science Technology Co (SZSE:301517) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shaanxi Huada Science Technology Co Ltd (SZSE:301517) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

No. 5, Puxin 2nd Road, High-tech Zone, Shaanxi, Xi'an, CHN, 710065

Website

https://www.huada853.com.cn

Shaanxi Huada Science Technology Co Ltd is engaged in research & development, production and sales of electrical connectors and interconnection products.

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