GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » TBEA Co Ltd (SHSE:600089) » Definitions » Days Payable

TBEA Co (SHSE:600089) Days Payable : 218.53 (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is TBEA Co Days Payable?

TBEA Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥43,203 Mil. TBEA Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥18,040 Mil. Hence, TBEA Co's Days Payable for the three months ended in Mar. 2024 was 218.53.

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

SHSE:600089' s Days Payable Range Over the Past 10 Years
Min: 171.65   Med: 199.18   Max: 262.53
Current: 208.51

During the past 13 years, TBEA Co's highest Days Payable was 262.53. The lowest was 171.65. And the median was 199.18.

SHSE:600089's Days Payable is ranked better than
87.59% of 2925 companies
in the Industrial Products industry
Industry Median: 76.55 vs SHSE:600089: 208.51

TBEA Co's Days Payable increased from Mar. 2023 (205.58) to Mar. 2024 (218.53). It may suggest that TBEA Co delayed paying its suppliers.


TBEA Co Days Payable Historical Data

The historical data trend for TBEA 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.

TBEA Co Days Payable Chart

TBEA Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 262.53 224.04 184.86 191.11 194.89

TBEA 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 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 205.58 205.30 205.22 201.61 218.53

Competitive Comparison of TBEA Co's Days Payable

For the Electrical Equipment & Parts subindustry, TBEA 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.


TBEA Co's Days Payable Distribution in the Industrial Products Industry

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

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



TBEA 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.

TBEA 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
=( (34931.989 + 41002.586) / 2 ) / 71108.045*365
=37967.2875 / 71108.045*365
=194.89

TBEA 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
=( (41002.586 + 45402.632) / 2 ) / 18040.06*365 / 4
=43202.609 / 18040.06*365 / 4
=218.53

* 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.


TBEA Co Days Payable Related Terms

Thank you for viewing the detailed overview of TBEA Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


TBEA Co (SHSE:600089) Business Description

Traded in Other Exchanges
N/A
Address
No.189 Beijing South Road, Xinjiang Uygur Autonomous Region, Changji, CHN, 831100
TBEA Co Ltd is a China-based company engaged in offering service providers energy business solutions. The company distributes electric power transmissions and transformation equipment. It provides solutions such as green technology, smart environmental protection, energy equipment for turnkey projects, and system solutions ranging from surveying to design, construction, installation, and commissioning to the integration of training, operation, and maintenance. It also promotes the construction of green and efficient power grids. The company has a business presence in China and international countries.

TBEA Co (SHSE:600089) Headlines

No Headlines