Ugreen Group (SZSE:301606) Days Payable : 37.62 (As of Sep. 2024)

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What is Ugreen Group Days Payable?

Ugreen Group's average Accounts Payable for the three months ended in Sep. 2024 was ¥409 Mil. Ugreen Group's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥992 Mil. Hence, Ugreen Group's Days Payable for the three months ended in Sep. 2024 was 37.62.

The historical rank and industry rank for Ugreen Group's Days Payable or its related term are showing as below:

SZSE:301606' s Days Payable Range Over the Past 10 Years
Min: 37.23 Med: 44.41 Max: 72.7
Current: 37.79

During the past 5 years, Ugreen Group's highest Days Payable was 72.70. The lowest was 37.23. And the median was 44.41.

SZSE:301606's Days Payable is ranked worse than
80.24% of 2409 companies
in the Hardware industry
Industry Median: 68.75 vs SZSE:301606: 37.79

Ugreen Group's Days Payable increased from Sep. 2023 (36.95) to Sep. 2024 (37.62). It may suggest that Ugreen Group delayed paying its suppliers.

Ugreen Group Days Payable Historical Data

The historical data trend for Ugreen Group'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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Ugreen Group Days Payable Chart

Ugreen Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

72.70

52.37

44.41

37.23

43.32

Ugreen Group Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial									36.95	35.43	39.53	34.15	37.62

Competitive Comparison of Ugreen Group's Days Payable

For the Consumer Electronics subindustry, Ugreen Group'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.

Ugreen Group's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ugreen Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Ugreen Group's Days Payable falls into.

Ugreen Group 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.

Ugreen Group'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
=	( (0	+	355.794)	/	1 )	/	2997.5	*	365
=	355.794					/	2997.5	*	365
=	43.32

Ugreen Group's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (367.702	+	450.301)	/	2 )	/	992.115	*	365 / 4
=	409.0015					/	992.115	*	365 / 4
=	37.62

Ugreen Group Days Payable Related Terms

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Ugreen Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ugreen Group Ltd (SZSE:301606) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dalang Street, Gaofeng Community, Floor 1-6, Office Building No. 7, Floor 4, Building 6, Longcheng Industry and Trade Yu'an Factory, Longhua, Guangdong, Shenzhen, CHN, 518109

Website

http://www.lulian.cn

Ugreen Group Ltd is engaged in Research & Development, designing, producing and selling 3C consumer electronic products. Its products include UGREEN USB4 Thunderbolt Expansion Dock, MagSafe 3-in-1 Wireless Charger, HiTune T3 Noise Cancelling Bluetooth Headphones, HDMI Live Video Capture Card, Greenlink Star Mobile Energy Storage Power Supply GS1200, Private Cloud Storage DX4600, New national standard lightning and electricity protection socket, Portable Wireless Bluetooth Mouse, and others.

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