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Anhui Jingi Technology Co (BJSE:871981) Days Payable : 120.61 (As of Mar. 2024)


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What is Anhui Jingi Technology Co Days Payable?

Anhui Jingi Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥143.1 Mil. Anhui Jingi Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥108.2 Mil. Hence, Anhui Jingi Technology Co's Days Payable for the three months ended in Mar. 2024 was 120.61.

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

BJSE:871981' s Days Payable Range Over the Past 10 Years
Min: 138.71   Med: 160.13   Max: 192.33
Current: 138.71

During the past 9 years, Anhui Jingi Technology Co's highest Days Payable was 192.33. The lowest was 138.71. And the median was 160.13.

BJSE:871981's Days Payable is ranked better than
82.45% of 2422 companies
in the Hardware industry
Industry Median: 67.69 vs BJSE:871981: 138.71

Anhui Jingi Technology Co's Days Payable declined from Mar. 2023 (199.72) to Mar. 2024 (120.61). It may suggest that Anhui Jingi Technology Co accelerated paying its suppliers.


Anhui Jingi Technology Co Days Payable Historical Data

The historical data trend for Anhui Jingi 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.

* Premium members only.

Anhui Jingi Technology Co Days Payable Chart

Anhui Jingi Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only 166.02 159.15 156.38 192.33 168.01

Anhui Jingi Technology Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 199.72 146.95 144.63 142.43 120.61

Competitive Comparison of Anhui Jingi Technology Co's Days Payable

For the Electronic Components subindustry, Anhui Jingi 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.


Anhui Jingi Technology Co's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Anhui Jingi Technology Co's Days Payable falls into.



Anhui Jingi 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.

Anhui Jingi 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
=( (158.285 + 138.192) / 2 ) / 322.056*365
=148.2385 / 322.056*365
=168.01

Anhui Jingi 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
=( (138.192 + 147.935) / 2 ) / 108.235*365 / 4
=143.0635 / 108.235*365 / 4
=120.61

* 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.


Anhui Jingi Technology Co Days Payable Related Terms

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Anhui Jingi Technology Co (BJSE:871981) Business Description

Traded in Other Exchanges
N/A
Address
No. 2569, North Tianmenshan Road, Tongling Economic and Technological Development Zone, Anhui Province, Tongling City, CHN
Anhui Jing Sai Technology Co Ltd engages in the research and development, manufacturing, and sales of quartz crystal vibration and packaging materials. Its products consist of Encapsulating Material, quartz crystal components, electronic components, electronic component packaging components, and quartz wafers.

Anhui Jingi Technology Co (BJSE:871981) Headlines

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