Goldwind Science & Technology Co (Goldwind Science & Technology Co) Days Payable : 685.28 (As of Mar. 2024)

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What is Goldwind Science & Technology Co Days Payable?

Goldwind Science & Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was $5,377 Mil. Goldwind Science & Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $716 Mil. Hence, Goldwind Science & Technology Co's Days Payable for the three months ended in Mar. 2024 was 685.28.

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

XNJJY' s Days Payable Range Over the Past 10 Years
Min: 207.45 Med: 281.39 Max: 354.36
Current: 304.61

During the past 13 years, Goldwind Science & Technology Co's highest Days Payable was 354.36. The lowest was 207.45. And the median was 281.39.

XNJJY's Days Payable is ranked better than
95.16% of 2936 companies
in the Industrial Products industry
Industry Median: 76.765 vs XNJJY: 304.61

Goldwind Science & Technology Co's Days Payable declined from Mar. 2023 (763.34) to Mar. 2024 (685.28). It may suggest that Goldwind Science & Technology Co accelerated paying its suppliers.

Goldwind Science & Technology Co Days Payable Historical Data

The historical data trend for Goldwind 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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Goldwind Science & Technology Co Days Payable Chart

Goldwind Science & Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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269.90

206.27

278.10

355.21

358.53

Goldwind Science & Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															763.34	257.57	387.01	202.46	685.28

Competitive Comparison of Goldwind Science & Technology Co's Days Payable

For the Specialty Industrial Machinery subindustry, Goldwind 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.

Goldwind Science & Technology Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Goldwind Science & Technology Co's Days Payable distribution charts can be found below:

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

Goldwind 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.

Goldwind 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
=	( (5670.501	+	5832.431)	/	2 )	/	5855.217	*	365
=	5751.466					/	5855.217	*	365
=	358.53

Goldwind 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
=	( (5832.431	+	4921.889)	/	2 )	/	716.008	*	365 / 4
=	5377.16					/	716.008	*	365 / 4
=	685.28

Goldwind Science & Technology Co Days Payable Related Terms

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Goldwind Science & Technology Co (Goldwind Science & Technology Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Goldwind Science & Technology Co Ltd (OTCPK:XNJJY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

XJNGF:USA 02208:Hong Kong CXGH:Germany 002202:China

Address

No. 8 Boxing 1st Road, Economic and Technological Development District, Beijing, CHN, 100176

Website

https://www.goldwind.com

Goldwind Science & Technology Co Ltd manufactures, and markets wind turbines & other solutions. It has four segments. The wind turbine generator manufacturing & sale segment engages in research & development, manufacture & sale of wind turbine generators &bspare parts; the wind power services segment provides wind power construction, post-warranty service & asset management services; the wind farm development segment engages in the development of wind farms, which includes wind power generation service provided by the Group's wind farms & its sales; & the others segment mainly engages in the operation of water treatment plants under the service concession arrangements. The majority is from Wind turbine generator manufacturing & sale. Geographically, the key revenue is from China.

Goldwind Science & Technology Co (Goldwind Science & Technology Co) Headlines

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