Jack Technology Co (SHSE:603337) Days Payable : 81.38 (As of Mar. 2024)

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What is Jack Technology Co Days Payable?

Jack Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,016 Mil. Jack Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,139 Mil. Hence, Jack Technology Co's Days Payable for the three months ended in Mar. 2024 was 81.38.

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

SHSE:603337' s Days Payable Range Over the Past 10 Years
Min: 97.6 Med: 115.63 Max: 169.27
Current: 100.77

During the past 13 years, Jack Technology Co's highest Days Payable was 169.27. The lowest was 97.60. And the median was 115.63.

SHSE:603337's Days Payable is ranked better than
62.84% of 2925 companies
in the Industrial Products industry
Industry Median: 76.67 vs SHSE:603337: 100.77

Jack Technology Co's Days Payable declined from Mar. 2023 (81.97) to Mar. 2024 (81.38). It may suggest that Jack Technology Co accelerated paying its suppliers.

Jack Technology Co Days Payable Historical Data

The historical data trend for Jack 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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Jack Technology Co Days Payable Chart

Jack Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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98.89

112.04

106.39

119.22

97.60

Jack 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															81.97	109.11	106.16	123.65	81.38

Competitive Comparison of Jack Technology Co's Days Payable

For the Specialty Industrial Machinery subindustry, Jack 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.

Jack Technology Co's Days Payable Distribution in the Industrial Products Industry

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

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

Jack 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.

Jack 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
=	( (933.691	+	1093.007)	/	2 )	/	3789.614	*	365
=	1013.349					/	3789.614	*	365
=	97.60

Jack 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
=	( (1093.007	+	939.014)	/	2 )	/	1139.187	*	365 / 4
=	1016.0105					/	1139.187	*	365 / 4
=	81.38

Jack Technology Co Days Payable Related Terms

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Jack Technology Co (SHSE:603337) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jack Technology Co Ltd (SHSE:603337) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.15 Airport South Road, Jiaojiang District, Zhengjiang, Taizhou, CHN, 318010

Website

http://www.chinajack.com

Jack Technology Co Ltd, formerly Jack Sewing Machine Co Ltd, is a sewing machine manufacturing company. Its product includes spreading machines, automatic cutting machine, lockstitch, overlock, interlock, special machine, automatic pocket welting machine and energy-saving motors.

Executives

Guo Wei Xing	Director
Ruan Ji Xiang	Director
Wu Li	senior management
Che Jian Bo	Supervisors
Ruan Lin Bing	Director
Zhao Xin Qing	Director
Ruan Ji Ming	Director
Ruan Fu De	Director
Xie Yun Jiao	senior management
Qiu Yang You	senior management
Huang Zhan Zhou	senior management

Jack Technology Co (SHSE:603337) Headlines

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