Suzhou zhuozhao dispensing technology Co (BJSE:873726) Days Payable : 366.81 (As of Mar. 2024)

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What is Suzhou zhuozhao dispensing technology Co Days Payable?

Suzhou zhuozhao dispensing technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥31.4 Mil. Suzhou zhuozhao dispensing technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥7.8 Mil. Hence, Suzhou zhuozhao dispensing technology Co's Days Payable for the three months ended in Mar. 2024 was 366.81.

The historical rank and industry rank for Suzhou zhuozhao dispensing technology Co's Days Payable or its related term are showing as below:

BJSE:873726' s Days Payable Range Over the Past 10 Years
Min: 62.24 Med: 141.51 Max: 198.3
Current: 134.68

During the past 4 years, Suzhou zhuozhao dispensing technology Co's highest Days Payable was 198.30. The lowest was 62.24. And the median was 141.51.

BJSE:873726's Days Payable is ranked better than
73.88% of 2937 companies
in the Industrial Products industry
Industry Median: 76.66 vs BJSE:873726: 134.68

Suzhou zhuozhao dispensing technology Co's Days Payable declined from Mar. 2023 (368.34) to Mar. 2024 (366.81). It may suggest that Suzhou zhuozhao dispensing technology Co accelerated paying its suppliers.

Suzhou zhuozhao dispensing technology Co Days Payable Historical Data

The historical data trend for Suzhou zhuozhao dispensing 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.

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Suzhou zhuozhao dispensing technology Co Days Payable Chart

Suzhou zhuozhao dispensing technology Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

62.24

94.56

188.46

198.30

Suzhou zhuozhao dispensing technology Co Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial								368.34	50.30	477.65	263.62	366.81

Competitive Comparison of Suzhou zhuozhao dispensing technology Co's Days Payable

For the Specialty Industrial Machinery subindustry, Suzhou zhuozhao dispensing 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.

Suzhou zhuozhao dispensing technology Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suzhou zhuozhao dispensing technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Suzhou zhuozhao dispensing technology Co's Days Payable falls into.

Suzhou zhuozhao dispensing 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.

Suzhou zhuozhao dispensing 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
=	( (78.898	+	26.825)	/	2 )	/	97.3	*	365
=	52.8615					/	97.3	*	365
=	198.30

Suzhou zhuozhao dispensing 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
=	( (26.825	+	35.9)	/	2 )	/	7.802	*	365 / 4
=	31.3625					/	7.802	*	365 / 4
=	366.81

Suzhou zhuozhao dispensing technology Co Days Payable Related Terms

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Suzhou zhuozhao dispensing technology Co (BJSE:873726) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suzhou zhuozhao dispensing technology Co Ltd (BJSE:873726) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 189, Wutaishan Road, High-tech Zone, Jiangsu, Suzhou, CHN, 215000

Website

https://www.zz-t.com

Suzhou zhuozhao dispensing technology Co Ltd is engaged in research & development, production and sales of high-precision intelligent dispensing equipment, dispensing valves and their core components.

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