Linhai Co (SHSE:600099) Days Payable : 148.19 (As of Mar. 2024)

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What is Linhai Co Days Payable?

Linhai Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥280.9 Mil. Linhai Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥173.0 Mil. Hence, Linhai Co's Days Payable for the three months ended in Mar. 2024 was 148.19.

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

SHSE:600099' s Days Payable Range Over the Past 10 Years
Min: 58.25 Med: 84.53 Max: 157.88
Current: 157.88

During the past 13 years, Linhai Co's highest Days Payable was 157.88. The lowest was 58.25. And the median was 84.53.

SHSE:600099's Days Payable is ranked better than
86.81% of 1259 companies
in the Vehicles & Parts industry
Industry Median: 65.87 vs SHSE:600099: 157.88

Linhai Co's Days Payable increased from Mar. 2023 (105.77) to Mar. 2024 (148.19). It may suggest that Linhai Co delayed paying its suppliers.

Linhai Co Days Payable Historical Data

The historical data trend for Linhai 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.

Linhai Co Days Payable Chart

Linhai Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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81.65

71.43

58.25

97.65

133.13

Linhai 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															105.77	150.26	173.69	160.08	148.19

Competitive Comparison of Linhai Co's Days Payable

For the Auto Parts subindustry, Linhai 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.

Linhai Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Linhai Co's Days Payable distribution charts can be found below:

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

Linhai 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.

Linhai 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
=	( (191.731	+	244.405)	/	2 )	/	597.862	*	365
=	218.068					/	597.862	*	365
=	133.13

Linhai 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
=	( (244.405	+	317.388)	/	2 )	/	172.963	*	365 / 4
=	280.8965					/	172.963	*	365 / 4
=	148.19

Linhai Co Days Payable Related Terms

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Linhai Co (SHSE:600099) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Linhai Co Ltd (SHSE:600099) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 14 Taijiu Road, Taizhou, Jiangsu, CHN, 225300

Website

http://www.linhai.cn

Linhai Co Ltd is engaged in developing and manufacturing small engines and power machinery. The main products fall into six categories as motorcycle-engines, small gasoline engines, motorcycles, mopeds, forestry machinery, fire-fighting machinery and sprinklers for the sports ground.

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