JinkoSolar Holding Co (JinkoSolar Holding Co) Days Payable : 68.82 (As of Mar. 2024)

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What is JinkoSolar Holding Co Days Payable?

JinkoSolar Holding Co's average Accounts Payable for the three months ended in Mar. 2024 was $2,127 Mil. JinkoSolar Holding Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $2,820 Mil. Hence, JinkoSolar Holding Co's Days Payable for the three months ended in Mar. 2024 was 68.82.

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

JKS' s Days Payable Range Over the Past 10 Years
Min: 45.95 Med: 73.1 Max: 118.19
Current: 50.45

During the past 13 years, JinkoSolar Holding Co's highest Days Payable was 118.19. The lowest was 45.95. And the median was 73.10.

JKS's Days Payable is ranked worse than
59.83% of 961 companies
in the Semiconductors industry
Industry Median: 51.74 vs JKS: 50.45

JinkoSolar Holding Co's Days Payable increased from Mar. 2023 (54.19) to Mar. 2024 (68.82). It may suggest that JinkoSolar Holding Co delayed paying its suppliers.

JinkoSolar Holding Co Days Payable Historical Data

The historical data trend for JinkoSolar Holding 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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JinkoSolar Holding Co Days Payable Chart

JinkoSolar Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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78.19

57.36

59.56

45.95

47.82

JinkoSolar Holding 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															54.19	43.76	46.29	46.56	68.82

Competitive Comparison of JinkoSolar Holding Co's Days Payable

For the Solar subindustry, JinkoSolar Holding 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.

JinkoSolar Holding Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, JinkoSolar Holding Co's Days Payable distribution charts can be found below:

* The bar in red indicates where JinkoSolar Holding Co's Days Payable falls into.

JinkoSolar Holding 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.

JinkoSolar Holding 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
=	( (1488.6	+	2167.329)	/	2 )	/	13953.525	*	365
=	1827.9645					/	13953.525	*	365
=	47.82

JinkoSolar Holding 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
=	( (2167.329	+	2086.691)	/	2 )	/	2820.134	*	365 / 4
=	2127.01					/	2820.134	*	365 / 4
=	68.82

JinkoSolar Holding Co Days Payable Related Terms

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JinkoSolar Holding Co (JinkoSolar Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » JinkoSolar Holding Co Ltd (NYSE:JKS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

JKS:Mexico 0JOX:UK ZJS1:Germany ZJS1:Germany ZJS1:Germany JKS:Austria

Address

1 Yingbin Road, Shangrao Economic Development Zone, Jiangxi Province, Shangrao, CHN, 334100

Website

https://www.jinkosolar.com/en

JinkoSolar Holding Co Ltd is engaged in the photovoltaic industry. The firm has built a vertically integrated solar power product value chain, manufacturing from silicon wafers to solar modules. It sells solar modules under the JinkoSolar brand. The company's product includes Silicon wafers, Solar cells, and Solar modules. Its geographical segments are China (including Hong Kong and Taiwan), North America, Europe, Asia Pacific (except China, which includes Hong Kong and Taiwan), and the Rest of the world.