State Grid Yingda Co (SHSE:600517) Days Payable : 397.60 (As of Mar. 2024)

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What is State Grid Yingda Co Days Payable?

State Grid Yingda Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥4,378 Mil. State Grid Yingda Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,005 Mil. Hence, State Grid Yingda Co's Days Payable for the three months ended in Mar. 2024 was 397.60.

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

SHSE:600517' s Days Payable Range Over the Past 10 Years
Min: 153.53 Med: 245.37 Max: 276.88
Current: 246.2

During the past 13 years, State Grid Yingda Co's highest Days Payable was 276.88. The lowest was 153.53. And the median was 245.37.

SHSE:600517's Days Payable is ranked better than
92.06% of 2933 companies
in the Industrial Products industry
Industry Median: 76.43 vs SHSE:600517: 246.20

State Grid Yingda Co's Days Payable increased from Mar. 2023 (368.86) to Mar. 2024 (397.60). It may suggest that State Grid Yingda Co delayed paying its suppliers.

State Grid Yingda Co Days Payable Historical Data

The historical data trend for State Grid Yingda 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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State Grid Yingda Co Days Payable Chart

State Grid Yingda Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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249.37

276.88

261.21

229.12

246.41

State Grid Yingda 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															368.86	220.26	313.81	171.90	397.60

Competitive Comparison of State Grid Yingda Co's Days Payable

For the Electrical Equipment & Parts subindustry, State Grid Yingda 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.

State Grid Yingda Co's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where State Grid Yingda Co's Days Payable falls into.

State Grid Yingda 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.

State Grid Yingda 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
=	( (4234.852	+	4473.23)	/	2 )	/	6449.488	*	365
=	4354.041					/	6449.488	*	365
=	246.41

State Grid Yingda 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
=	( (4473.23	+	4282.689)	/	2 )	/	1004.747	*	365 / 4
=	4377.9595					/	1004.747	*	365 / 4
=	397.60

State Grid Yingda Co Days Payable Related Terms

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State Grid Yingda Co (SHSE:600517) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » State Grid Yingda Co Ltd (SHSE:600517) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 2239 Hongqiao Road, Shanghai, CHN, 200335

Website

http://www.zhixindianqi.com.cn

State Grid Yingda Co Ltd, formerly Shanghai Zhixin Electric Co Ltd specializes in the development, production and sale of amorphous alloy transformers in China.

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