China Technology Industry Group (HKSE:08111) Days Payable : 0.00 (As of Sep. 2023)

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What is China Technology Industry Group Days Payable?

China Technology Industry Group's average Accounts Payable for the three months ended in Sep. 2023 was HK$2.70 Mil. China Technology Industry Group's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$0.00 Mil.

The historical rank and industry rank for China Technology Industry Group's Days Payable or its related term are showing as below:

During the past 13 years, China Technology Industry Group's highest Days Payable was 2767.87. The lowest was 51.45. And the median was 132.60.

HKSE:08111's Days Payable is not ranked ^*
in the Semiconductors industry.
Industry Median: 51.74
* Ranked among companies with meaningful Days Payable only.

China Technology Industry Group's Days Payable declined from Sep. 2022 (40.20) to Sep. 2023 (0.00). It may suggest that China Technology Industry Group accelerated paying its suppliers.

China Technology Industry Group Days Payable Historical Data

The historical data trend for China Technology Industry Group'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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China Technology Industry Group Days Payable Chart

China Technology Industry Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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113.22

211.10

51.45

128.35

59.84

China Technology Industry Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															40.20	-	-	-	-

Competitive Comparison of China Technology Industry Group's Days Payable

For the Solar subindustry, China Technology Industry Group'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.

China Technology Industry Group's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, China Technology Industry Group's Days Payable distribution charts can be found below:

* The bar in red indicates where China Technology Industry Group's Days Payable falls into.

China Technology Industry Group 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.

China Technology Industry Group's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (7.911	+	7.137)	/	2 )	/	45.894	*	365
=	7.524					/	45.894	*	365
=	59.84

China Technology Industry Group's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	2.695)	/	1 )	/	0	*	365 / 4
=	2.695					/	0	*	365 / 4
=	N/A

China Technology Industry Group Days Payable Related Terms

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China Technology Industry Group (HKSE:08111) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » China Technology Industry Group Ltd (HKSE:08111) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ocean Centre, Suite 704, 7th Floor, Harbour City, Kowloon, Hong Kong, HKG

Website

http://www.chinatechindgroup.com

China Technology Industry Group Ltd is engaged in the Sale of renewable energy products, New energy power system integration business, Sales of self-service automatic teller machine (ATM) systems and printing systems, and Provision of hardware and software technical support services. Key revenue is derived from the Sale of renewable energy products such as solar and wind power-related products. The group operates in the PRC. It has two segments sales of renewable energy products and New energy power system integration business. It generates maximum revenue from the Sales of renewable energy products.

China Technology Industry Group (HKSE:08111) Headlines

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