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HNA Technology Co (SHSE:600751) Days Payable : 56.93 (As of Mar. 2024)


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What is HNA Technology Co Days Payable?

HNA Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥172.1 Mil. HNA Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥275.8 Mil. Hence, HNA Technology Co's Days Payable for the three months ended in Mar. 2024 was 56.93.

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

SHSE:600751' s Days Payable Range Over the Past 10 Years
Min: 27.17   Med: 69.29   Max: 260.72
Current: 40.79

During the past 13 years, HNA Technology Co's highest Days Payable was 260.72. The lowest was 27.17. And the median was 69.29.

SHSE:600751's Days Payable is ranked worse than
56.5% of 2531 companies
in the Software industry
Industry Median: 50.13 vs SHSE:600751: 40.79

HNA Technology Co's Days Payable increased from Mar. 2023 (41.51) to Mar. 2024 (56.93). It may suggest that HNA Technology Co delayed paying its suppliers.


HNA Technology Co Days Payable Historical Data

The historical data trend for HNA 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.

* Premium members only.

HNA Technology Co Days Payable Chart

HNA 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 62.20 66.39 72.18 117.89 27.17

HNA 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 41.51 47.70 27.64 14.34 56.93

Competitive Comparison of HNA Technology Co's Days Payable

For the Information Technology Services subindustry, HNA 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.


HNA Technology Co's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, HNA Technology Co's Days Payable distribution charts can be found below:

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



HNA 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.

HNA 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
=( (37.272 + 62.022) / 2 ) / 666.92*365
=49.647 / 666.92*365
=27.17

HNA 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
=( (62.022 + 282.197) / 2 ) / 275.849*365 / 4
=172.1095 / 275.849*365 / 4
=56.93

* 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.


HNA Technology Co Days Payable Related Terms

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HNA Technology Co (SHSE:600751) Business Description

Traded in Other Exchanges
Address
No. 188 Jinmen Avenue, Tianjin Free Trade Zone, Tianjin, Tianjin, CHN, 300204
HNA Technology Co Ltd is a China-based company involved in the IT-related business. Its core business includes HNA cloud, HNA cloud Marketplace, IT Supply Chain and Technology Solutions and Technology and Innovation Cooperation services.
Executives
Yu Bin senior management
Guo Mei senior management
Liu Heng Jie senior management
Gao Hong Wei senior management
Zhao Yan Bing Director
Gui Ye Fu Director
Feng Shi Fang Supervisors
Fang Ming senior management

HNA Technology Co (SHSE:600751) Headlines

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