Bethel Automotivefety Systems Co (SHSE:603596) Days Payable : 221.41 (As of Mar. 2024)

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What is Bethel Automotivefety Systems Co Days Payable?

Bethel Automotivefety Systems Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥3,577 Mil. Bethel Automotivefety Systems Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,474 Mil. Hence, Bethel Automotivefety Systems Co's Days Payable for the three months ended in Mar. 2024 was 221.41.

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

SHSE:603596' s Days Payable Range Over the Past 10 Years
Min: 175 Med: 200.44 Max: 226.39
Current: 191.67

During the past 11 years, Bethel Automotivefety Systems Co's highest Days Payable was 226.39. The lowest was 175.00. And the median was 200.44.

SHSE:603596's Days Payable is ranked better than
90.34% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.67 vs SHSE:603596: 191.67

Bethel Automotivefety Systems Co's Days Payable increased from Mar. 2023 (216.79) to Mar. 2024 (221.41). It may suggest that Bethel Automotivefety Systems Co delayed paying its suppliers.

Bethel Automotivefety Systems Co Days Payable Historical Data

The historical data trend for Bethel Automotivefety Systems 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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Bethel Automotivefety Systems Co Days Payable Chart

Bethel Automotivefety Systems Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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175.38

210.99

183.03

175.00

202.13

Bethel Automotivefety Systems 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															216.79	207.72	175.88	171.55	221.41

Competitive Comparison of Bethel Automotivefety Systems Co's Days Payable

For the Auto Parts subindustry, Bethel Automotivefety Systems 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.

Bethel Automotivefety Systems Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bethel Automotivefety Systems Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Bethel Automotivefety Systems Co's Days Payable falls into.

Bethel Automotivefety Systems 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.

Bethel Automotivefety Systems 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
=	( (2772.192	+	3637.488)	/	2 )	/	5787.06	*	365
=	3204.84					/	5787.06	*	365
=	202.13

Bethel Automotivefety Systems 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
=	( (3637.488	+	3515.609)	/	2 )	/	1474.036	*	365 / 4
=	3576.5485					/	1474.036	*	365 / 4
=	221.41

Bethel Automotivefety Systems Co Days Payable Related Terms

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Bethel Automotivefety Systems Co (SHSE:603596) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bethel Automotive Safety Systems Co Ltd (SHSE:603596) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 19, Taishan Road, Economic and Technological Development Zone, Anhui Province, Wuhu, CHN, 241009

Website

http://www.btl-auto.com

Bethel Automotive Safety Systems Co Ltd is a China based company engaged in manufacturing and marketing of automotive safety systems. Its products include passenger car and commercial vehicle front and rear disc brakes, drum brakes, rear integrated parking brake, rear disc brake drum, brake master cylinder, vacuum booster, cast aluminum steering knuckle and others.

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