Yeal Electric Co (SZSE:300923) Days Payable : 134.67 (As of Mar. 2024)

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What is Yeal Electric Co Days Payable?

Yeal Electric Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥79.9 Mil. Yeal Electric Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥54.1 Mil. Hence, Yeal Electric Co's Days Payable for the three months ended in Mar. 2024 was 134.67.

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

SZSE:300923' s Days Payable Range Over the Past 10 Years
Min: 141.1 Med: 178.06 Max: 198.9
Current: 155.07

During the past 8 years, Yeal Electric Co's highest Days Payable was 198.90. The lowest was 141.10. And the median was 178.06.

SZSE:300923's Days Payable is ranked better than
90.57% of 933 companies
in the Transportation industry
Industry Median: 38.5 vs SZSE:300923: 155.07

Yeal Electric Co's Days Payable declined from Mar. 2023 (280.88) to Mar. 2024 (134.67). It may suggest that Yeal Electric Co accelerated paying its suppliers.

Yeal Electric Co Days Payable Historical Data

The historical data trend for Yeal Electric 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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Yeal Electric Co Days Payable Chart

Yeal Electric Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

152.30

153.44

178.06

198.90

141.10

Yeal Electric 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															280.88	232.57	212.22	83.61	134.67

Competitive Comparison of Yeal Electric Co's Days Payable

For the Railroads subindustry, Yeal Electric 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.

Yeal Electric Co's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Yeal Electric Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Yeal Electric Co's Days Payable falls into.

Yeal Electric 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.

Yeal Electric 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
=	( (156.839	+	71.849)	/	2 )	/	295.788	*	365
=	114.344					/	295.788	*	365
=	141.10

Yeal Electric 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
=	( (71.849	+	87.893)	/	2 )	/	54.118	*	365 / 4
=	79.871					/	54.118	*	365 / 4
=	134.67

Yeal Electric Co Days Payable Related Terms

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Yeal Electric Co (SZSE:300923) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Yeal Electric Co Ltd (SZSE:300923) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1999 Zhongyan Road, Lvyuan Economic Development Zone, Jilin Province, Changchun, CHN, 130113

Website

http://www.yeal.cc

Yeal Electric Co Ltd is engaged in the production and sales of electrical equipment for rail vehicles.

Yeal Electric Co (SZSE:300923) Headlines

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