Guangzhou Doppler Electronic Technologies Co (SZSE:301528) Days Payable : 235.22 (As of Mar. 2024)

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What is Guangzhou Doppler Electronic Technologies Co Days Payable?

Guangzhou Doppler Electronic Technologies Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥14.5 Mil. Guangzhou Doppler Electronic Technologies Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥5.6 Mil. Hence, Guangzhou Doppler Electronic Technologies Co's Days Payable for the three months ended in Mar. 2024 was 235.22.

The historical rank and industry rank for Guangzhou Doppler Electronic Technologies Co's Days Payable or its related term are showing as below:

SZSE:301528' s Days Payable Range Over the Past 10 Years
Min: 71.84 Med: 85.15 Max: 112.42
Current: 96.87

During the past 6 years, Guangzhou Doppler Electronic Technologies Co's highest Days Payable was 112.42. The lowest was 71.84. And the median was 85.15.

SZSE:301528's Days Payable is ranked better than
61.1% of 2928 companies
in the Industrial Products industry
Industry Median: 76.585 vs SZSE:301528: 96.87

Guangzhou Doppler Electronic Technologies Co's Days Payable declined from Mar. 2023 (256.15) to Mar. 2024 (235.22). It may suggest that Guangzhou Doppler Electronic Technologies Co accelerated paying its suppliers.

Guangzhou Doppler Electronic Technologies Co Days Payable Historical Data

The historical data trend for Guangzhou Doppler Electronic Technologies 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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Guangzhou Doppler Electronic Technologies Co Days Payable Chart

Guangzhou Doppler Electronic Technologies Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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89.00

95.53

81.30

74.62

112.42

Guangzhou Doppler Electronic Technologies Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial									256.15	68.14	84.45	79.21	235.22

Competitive Comparison of Guangzhou Doppler Electronic Technologies Co's Days Payable

For the Specialty Industrial Machinery subindustry, Guangzhou Doppler Electronic Technologies 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.

Guangzhou Doppler Electronic Technologies Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangzhou Doppler Electronic Technologies Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangzhou Doppler Electronic Technologies Co's Days Payable falls into.

Guangzhou Doppler Electronic Technologies 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.

Guangzhou Doppler Electronic Technologies 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
=	( (14.072	+	15.553)	/	2 )	/	48.094	*	365
=	14.8125					/	48.094	*	365
=	112.42

Guangzhou Doppler Electronic Technologies 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
=	( (15.553	+	13.524)	/	2 )	/	5.64	*	365 / 4
=	14.5385					/	5.64	*	365 / 4
=	235.22

Guangzhou Doppler Electronic Technologies Co Days Payable Related Terms

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Guangzhou Doppler Electronic Technologies Co (SZSE:301528) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangzhou Doppler Electronic Technologies Co Ltd (SZSE:301528) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kaihuang Avenue, Guangzhou Economic and Technological Development Zone, 1st Floor, Building 2, No. 1501, Guangdong, Guangzhou, CHN, 510000

Website

https://www.cndoppler.com

Guangzhou Doppler Electronic Technologies Co Ltd is a high-tech enterprise focusing on the R&D and manufacturing of ultrasonic equipment and ultrasonic transducers (probes), and is committed to building a world-class non-destructive testing brand. The company's main products include industrial ultrasonic phased array testing equipment, automatic testing equipment, ultrasonic transducers, customized testing and analysis software and other testing supporting parts, etc.

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