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North Navigation Control Technology Co (SHSE:600435) Days Payable : 7,697.81 (As of Mar. 2024)


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What is North Navigation Control Technology Co Days Payable?

North Navigation Control Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥3,104 Mil. North Navigation Control Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥37 Mil. Hence, North Navigation Control Technology Co's Days Payable for the three months ended in Mar. 2024 was 7,697.81.

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

SHSE:600435' s Days Payable Range Over the Past 10 Years
Min: 215.06   Med: 310.24   Max: 481.73
Current: 481.73

During the past 13 years, North Navigation Control Technology Co's highest Days Payable was 481.73. The lowest was 215.06. And the median was 310.24.

SHSE:600435's Days Payable is ranked better than
97.89% of 2938 companies
in the Industrial Products industry
Industry Median: 76.765 vs SHSE:600435: 481.73

North Navigation Control Technology Co's Days Payable increased from Mar. 2023 (579.74) to Mar. 2024 (7,697.81). It may suggest that North Navigation Control Technology Co delayed paying its suppliers.


North Navigation Control Technology Co Days Payable Historical Data

The historical data trend for North Navigation Control 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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North Navigation Control Technology Co Days Payable Chart

North Navigation Control Technology 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 320.75 251.73 266.37 326.15 403.68

North Navigation Control Technology 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 579.74 316.77 543.04 324.59 7,697.81

Competitive Comparison of North Navigation Control Technology Co's Days Payable

For the Specialty Industrial Machinery subindustry, North Navigation Control 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.


North Navigation Control Technology Co's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where North Navigation Control Technology Co's Days Payable falls into.



North Navigation Control 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.

North Navigation Control 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
=( (2619.758 + 3309.071) / 2 ) / 2680.39*365
=2964.4145 / 2680.39*365
=403.68

North Navigation Control 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
=( (3309.071 + 2899.794) / 2 ) / 36.8*365 / 4
=3104.4325 / 36.8*365 / 4
=7,697.81

* 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.


North Navigation Control Technology Co Days Payable Related Terms

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North Navigation Control Technology Co (SHSE:600435) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Kechuang 15th Street, Yizhuang Economic and Technological Development Zone, Beijing, CHN, 100176
North Navigation Control Technology Co Ltd is engaged in Research & Development, and production of high-tech products such as navigation control and ammunition information technology and special vehicles.
Executives
Zhou Jing Directors, senior managers
Hu Xiao Jun senior management
Li Hai Tao Directors, senior managers
Zhao Han Directors, senior managers
Wang Xiang Dong senior management
Wang Xue Yin senior management
Zhang Bai Feng Director
Qian Xiao Gang senior management

North Navigation Control Technology Co (SHSE:600435) Headlines

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