Shenzhen Jdd Tech New Material Co (SZSE:301538) Days Payable : 74.80 (As of Mar. 2025)

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What is Shenzhen Jdd Tech New Material Co Days Payable?

Shenzhen Jdd Tech New Material Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥113.5 Mil. Shenzhen Jdd Tech New Material Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥138.4 Mil. Hence, Shenzhen Jdd Tech New Material Co's Days Payable for the three months ended in Mar. 2025 was 74.80.

The historical rank and industry rank for Shenzhen Jdd Tech New Material Co's Days Payable or its related term are showing as below:

SZSE:301538' s Days Payable Range Over the Past 10 Years
Min: 29.44 Med: 41.63 Max: 69.57
Current: 56.5

During the past 10 years, Shenzhen Jdd Tech New Material Co's highest Days Payable was 69.57. The lowest was 29.44. And the median was 41.63.

SZSE:301538's Days Payable is ranked worse than
53.93% of 1526 companies
in the Chemicals industry
Industry Median: 61.24 vs SZSE:301538: 56.50

Shenzhen Jdd Tech New Material Co's Days Payable declined from Mar. 2024 (80.02) to Mar. 2025 (74.80). It may suggest that Shenzhen Jdd Tech New Material Co accelerated paying its suppliers.

Shenzhen Jdd Tech New Material Co Days Payable Historical Data

The historical data trend for Shenzhen Jdd Tech New Material 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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Shenzhen Jdd Tech New Material Co Days Payable Chart

Shenzhen Jdd Tech New Material Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

43.25

49.65

45.83

53.64

69.57

Shenzhen Jdd Tech New Material Co Quarterly Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec19	Dec20	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															80.02	51.09	42.14	52.76	74.80

Competitive Comparison of Shenzhen Jdd Tech New Material Co's Days Payable

For the Specialty Chemicals subindustry, Shenzhen Jdd Tech New Material 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.

Shenzhen Jdd Tech New Material Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shenzhen Jdd Tech New Material Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen Jdd Tech New Material Co's Days Payable falls into.

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Shenzhen Jdd Tech New Material 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.

Shenzhen Jdd Tech New Material 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
=	( (77.258	+	111.315)	/	2 )	/	494.66	*	365
=	94.2865					/	494.66	*	365
=	69.57

Shenzhen Jdd Tech New Material 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
=	( (111.315	+	115.589)	/	2 )	/	138.398	*	365 / 4
=	113.452					/	138.398	*	365 / 4
=	74.80

Shenzhen Jdd Tech New Material Co Days Payable Related Terms

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Shenzhen Jdd Tech New Material Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shenzhen Jdd Tech New Material Co Ltd (SZSE:301538) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shajing Street, 2 industrial plants in Area E, Democratic West Industrial Park, Baoan District, Guangdong Province, Shenzhen, CHN, 518104

Website

http://www.jddtech.com.cn

Shenzhen Jdd Tech New Material Co Ltd is focus on the design, research and development, production and sales of polymer modified protective materials. Its main products include functional protective sleeves and functional monofilaments. etc., widely used in diverse fields such as automobiles, engineering machinery, rail transit, and communication electronics. Its main products rely on their good temperature resistance, UV resistance, flame retardancy, chemical corrosion resistance and other properties to provide wear resistance, heat insulation, anti-impact, shielding and resistance to wire harness systems and fluid pipelines in various fields. Blasting, fire prevention, noise reduction and other safety protection functions.

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