BTR New Material Group Co (BJSE:835185) Days Payable : 230.58 (As of Mar. 2024)

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What is BTR New Material Group Co Days Payable?

BTR New Material Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥7,044 Mil. BTR New Material Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,788 Mil. Hence, BTR New Material Group Co's Days Payable for the three months ended in Mar. 2024 was 230.58.

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

BJSE:835185' s Days Payable Range Over the Past 10 Years
Min: 111.41 Med: 129.67 Max: 170.29
Current: 157.16

During the past 11 years, BTR New Material Group Co's highest Days Payable was 170.29. The lowest was 111.41. And the median was 129.67.

BJSE:835185's Days Payable is ranked better than
78.89% of 2937 companies
in the Industrial Products industry
Industry Median: 76.66 vs BJSE:835185: 157.16

BTR New Material Group Co's Days Payable increased from Mar. 2023 (144.98) to Mar. 2024 (230.58). It may suggest that BTR New Material Group Co delayed paying its suppliers.

BTR New Material Group Co Days Payable Historical Data

The historical data trend for BTR New Material Group 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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BTR New Material Group Co Days Payable Chart

BTR New Material Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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126.78

170.29

121.01

111.41

151.43

BTR New Material Group 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															144.98	130.50	126.85	185.82	230.58

Competitive Comparison of BTR New Material Group Co's Days Payable

For the Electrical Equipment & Parts subindustry, BTR New Material Group 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.

BTR New Material Group Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, BTR New Material Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where BTR New Material Group Co's Days Payable falls into.

BTR New Material Group 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.

BTR New Material Group 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
=	( (9841.105	+	7321.106)	/	2 )	/	20682.846	*	365
=	8581.1055					/	20682.846	*	365
=	151.43

BTR New Material Group 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
=	( (7321.106	+	6766.882)	/	2 )	/	2787.636	*	365 / 4
=	7043.994					/	2787.636	*	365 / 4
=	230.58

BTR New Material Group Co Days Payable Related Terms

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BTR New Material Group Co (BJSE:835185) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » BTR New Material Group Co Ltd (BJSE:835185) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 8, Guangyuan 4th Road, Dongkeng Community, Fenghuang Subdistrict, Guangming District, Shenzhen, CHN

Website

https://www.btrchina.com

BTR New Material Group Co Ltd is a manufacturer of cathode and anode materials for lithium-ion batteries. It is mainly engaged in graphite mining, graphite product manufacturing, and lithium-ion manufacture of positive electrode materials and negative electrode materials for batteries.

BTR New Material Group Co (BJSE:835185) Headlines

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