Jirfine Intelligent Equipment Co (SZSE:301603) Days Payable : 224.88 (As of Mar. 2025)

View and export this data going back to 2024. Start your Free Trial

What is Jirfine Intelligent Equipment Co Days Payable?

Jirfine Intelligent Equipment Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥823 Mil. Jirfine Intelligent Equipment Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥334 Mil. Hence, Jirfine Intelligent Equipment Co's Days Payable for the three months ended in Mar. 2025 was 224.88.

The historical rank and industry rank for Jirfine Intelligent Equipment Co's Days Payable or its related term are showing as below:

SZSE:301603' s Days Payable Range Over the Past 10 Years
Min: 60.52 Med: 118.44 Max: 214.17
Current: 214.17

During the past 6 years, Jirfine Intelligent Equipment Co's highest Days Payable was 214.17. The lowest was 60.52. And the median was 118.44.

SZSE:301603's Days Payable is ranked better than
88.65% of 2944 companies
in the Industrial Products industry
Industry Median: 76.18 vs SZSE:301603: 214.17

Jirfine Intelligent Equipment Co's Days Payable increased from Mar. 2024 (222.31) to Mar. 2025 (224.88). It may suggest that Jirfine Intelligent Equipment Co delayed paying its suppliers.

Jirfine Intelligent Equipment Co Days Payable Historical Data

The historical data trend for Jirfine Intelligent Equipment 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.

* Premium members only.

Jirfine Intelligent Equipment Co Days Payable Chart

Jirfine Intelligent Equipment Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

79.74

115.68

121.19

167.22

208.36

Jirfine Intelligent Equipment Co Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial									222.31	206.19	263.70	185.06	224.88

Competitive Comparison of Jirfine Intelligent Equipment Co's Days Payable

For the Specialty Industrial Machinery subindustry, Jirfine Intelligent Equipment 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.

Jirfine Intelligent Equipment Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jirfine Intelligent Equipment Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jirfine Intelligent Equipment Co's Days Payable falls into.

Save Embed

;

Save Embed

;

Jirfine Intelligent Equipment 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.

Jirfine Intelligent Equipment 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
=	( (594.859	+	823.147)	/	2 )	/	1242.035	*	365
=	709.003					/	1242.035	*	365
=	208.36

Jirfine Intelligent Equipment 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
=	( (823.147	+	823.031)	/	2 )	/	333.991	*	365 / 4
=	823.089					/	333.991	*	365 / 4
=	224.88

Jirfine Intelligent Equipment Co Days Payable Related Terms

Thank you for viewing the detailed overview of Jirfine Intelligent Equipment Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Jirfine Intelligent Equipment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jirfine Intelligent Equipment Co Ltd (SZSE:301603) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Changdong Road, Room 101, No. 632, Changping Town, Guangdong Province, Dongguan, CHN, 523570

Website

https://www.jirfine.com

Jirfine Intelligent Equipment Co Ltd is engaged in research & development, production and sales of CNC machine tools. Its product include Drilling & Milling Machining Center, VH-85 Vertical Machining Center, Horizontal Machining Center, etc.

Jirfine Intelligent Equipment Co Headlines

No Headlines