Harbin Dongan Auto Engine Co (SHSE:600178) Days Payable : 276.93 (As of Mar. 2024)

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What is Harbin Dongan Auto Engine Co Days Payable?

Harbin Dongan Auto Engine Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥2,897 Mil. Harbin Dongan Auto Engine Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥954 Mil. Hence, Harbin Dongan Auto Engine Co's Days Payable for the three months ended in Mar. 2024 was 276.93.

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

SHSE:600178' s Days Payable Range Over the Past 10 Years
Min: 180.07 Med: 236.85 Max: 344.71
Current: 207.79

During the past 13 years, Harbin Dongan Auto Engine Co's highest Days Payable was 344.71. The lowest was 180.07. And the median was 236.85.

SHSE:600178's Days Payable is ranked better than
92.38% of 1260 companies
in the Vehicles & Parts industry
Industry Median: 66.48 vs SHSE:600178: 207.79

Harbin Dongan Auto Engine Co's Days Payable increased from Mar. 2023 (218.54) to Mar. 2024 (276.93). It may suggest that Harbin Dongan Auto Engine Co delayed paying its suppliers.

Harbin Dongan Auto Engine Co Days Payable Historical Data

The historical data trend for Harbin Dongan Auto Engine 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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Harbin Dongan Auto Engine Co Days Payable Chart

Harbin Dongan Auto Engine Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

253.71

180.07

218.46

231.16

205.22

Harbin Dongan Auto Engine 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															218.54	203.11	204.59	166.35	276.93

Competitive Comparison of Harbin Dongan Auto Engine Co's Days Payable

For the Auto Parts subindustry, Harbin Dongan Auto Engine 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.

Harbin Dongan Auto Engine Co's Days Payable Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Harbin Dongan Auto Engine Co's Days Payable falls into.

Harbin Dongan Auto Engine 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.

Harbin Dongan Auto Engine 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
=	( (2794.815	+	2876.972)	/	2 )	/	5043.8	*	365
=	2835.8935					/	5043.8	*	365
=	205.22

Harbin Dongan Auto Engine 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
=	( (2876.972	+	2916.415)	/	2 )	/	954.467	*	365 / 4
=	2896.6935					/	954.467	*	365 / 4
=	276.93

Harbin Dongan Auto Engine Co Days Payable Related Terms

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Harbin Dongan Auto Engine Co (SHSE:600178) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Harbin Dongan Auto Engine Co Ltd (SHSE:600178) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

13 High-tech Development Zone, Nangang District, Heilongjiang Province, Harbin, CHN, 150066

Website

http://www.daae.com.cn

Harbin Dongan Auto Engine Co Ltd is a China-based company is mainly engaged in the production and distribution of mini-car engines, transmissions, parts, and casting products.

Executives

Wang Jiang Hua	senior management
Chen Li Bao	Director
Wang Fu Wei	senior management
Yu Zhong Gui	senior management
Jin Song	Directors, senior managers
Li Xue Jun	Directors, senior managers
Gong Yong Ming	senior management
Gao Guan Zhong	senior management
Liu Bo	senior management
Sun Yan	senior management
Li Gui Rong	Director

Harbin Dongan Auto Engine Co (SHSE:600178) Headlines

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