Beijing Oriental Jicheng Co (SZSE:002819) Days Payable : 50.60 (As of Mar. 2024)

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What is Beijing Oriental Jicheng Co Days Payable?

Beijing Oriental Jicheng Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥289 Mil. Beijing Oriental Jicheng Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥522 Mil. Hence, Beijing Oriental Jicheng Co's Days Payable for the three months ended in Mar. 2024 was 50.60.

The historical rank and industry rank for Beijing Oriental Jicheng Co's Days Payable or its related term are showing as below:

SZSE:002819' s Days Payable Range Over the Past 10 Years
Min: 18.71 Med: 28.86 Max: 55.63
Current: 45.74

During the past 13 years, Beijing Oriental Jicheng Co's highest Days Payable was 55.63. The lowest was 18.71. And the median was 28.86.

SZSE:002819's Days Payable is ranked worse than
72.12% of 2421 companies
in the Hardware industry
Industry Median: 68.07 vs SZSE:002819: 45.74

Beijing Oriental Jicheng Co's Days Payable declined from Mar. 2023 (66.75) to Mar. 2024 (50.60). It may suggest that Beijing Oriental Jicheng Co accelerated paying its suppliers.

Beijing Oriental Jicheng Co Days Payable Historical Data

The historical data trend for Beijing Oriental Jicheng 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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Beijing Oriental Jicheng Co Days Payable Chart

Beijing Oriental Jicheng Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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33.53

28.63

42.85

52.77

55.63

Beijing Oriental Jicheng 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															66.75	47.05	43.80	41.99	50.60

Competitive Comparison of Beijing Oriental Jicheng Co's Days Payable

For the Electronics & Computer Distribution subindustry, Beijing Oriental Jicheng 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.

Beijing Oriental Jicheng Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Beijing Oriental Jicheng Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing Oriental Jicheng Co's Days Payable falls into.

Beijing Oriental Jicheng 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.

Beijing Oriental Jicheng 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
=	( (437.867	+	293.817)	/	2 )	/	2400.168	*	365
=	365.842					/	2400.168	*	365
=	55.63

Beijing Oriental Jicheng 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
=	( (293.817	+	284.922)	/	2 )	/	521.825	*	365 / 4
=	289.3695					/	521.825	*	365 / 4
=	50.60

Beijing Oriental Jicheng Co Days Payable Related Terms

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Beijing Oriental Jicheng Co (SZSE:002819) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Beijing Oriental Jicheng Co Ltd (SZSE:002819) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 67, Fucheng Road, Yindu Building, Haidian District, Beijing, CHN, 100034

Website

http://www.jicheng.net.cn

Beijing Oriental Jicheng Co Ltd operates as an integrated service provider in the field of electronic test and measurement in China. Its products include power supply, digital multimeter, signal generator, electronic load, data collector and switch, wireless device tester, semiconductor and solar cell testing equipment, calibrator, and analyzer instruments.

Executives

Wu Xu	Executives
Zheng Da Wei	Directors, executives
Chen Yi Gang	Executives
Wang Ge	Director
Xiao Jia Zhong	Supervisors
Yan Li	Directors, executives
Chang Hong	Directors, executives

Beijing Oriental Jicheng Co (SZSE:002819) Headlines

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