KTK Group Co (SHSE:603680) Days Payable : 215.50 (As of Mar. 2024)

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What is KTK Group Co Days Payable?

KTK Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,570 Mil. KTK Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥665 Mil. Hence, KTK Group Co's Days Payable for the three months ended in Mar. 2024 was 215.50.

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

SHSE:603680' s Days Payable Range Over the Past 10 Years
Min: 162.95 Med: 187.54 Max: 206.25
Current: 194.71

During the past 12 years, KTK Group Co's highest Days Payable was 206.25. The lowest was 162.95. And the median was 187.54.

SHSE:603680's Days Payable is ranked better than
92.94% of 935 companies
in the Transportation industry
Industry Median: 38.78 vs SHSE:603680: 194.71

KTK Group Co's Days Payable increased from Mar. 2023 (208.22) to Mar. 2024 (215.50). It may suggest that KTK Group Co delayed paying its suppliers.

KTK Group Co Days Payable Historical Data

The historical data trend for KTK Group 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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KTK Group Co Days Payable Chart

KTK Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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186.32

189.14

190.15

178.44

188.76

KTK Group 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															208.22	182.90	207.14	171.87	215.50

Competitive Comparison of KTK Group Co's Days Payable

For the Railroads subindustry, KTK Group 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.

KTK Group Co's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, KTK Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where KTK Group Co's Days Payable falls into.

KTK Group 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.

KTK Group 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
=	( (1313.714	+	1488.998)	/	2 )	/	2709.771	*	365
=	1401.356					/	2709.771	*	365
=	188.76

KTK Group 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
=	( (1488.998	+	1650.619)	/	2 )	/	664.718	*	365 / 4
=	1569.8085					/	664.718	*	365 / 4
=	215.50

KTK Group Co Days Payable Related Terms

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KTK Group Co (SHSE:603680) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » KTK Group Co Ltd (SHSE:603680) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.88-89, Jinchuang Road, Yaoguan Town, Wujin District, Jiangsu Province, Changzhou, CHN, 213000

Website

http://www.ktk.com.cn

KTK Group Co Ltd is engaged in research and development, production, sales and service of rail transit vehicle accessory products. The company's products are mainly divided into rail transport vehicles interior, electrical and equipment products, covering more than a thousand subdivision products such as door system, seat, and kitchen. Further, it is also engaged in the manufacturing of auxiliary electrical systems, information display systems, coupler systems, brake systems, shock absorption systems and other ancillary products. The company primarily serves global rail transit equipment giants such as China CRRC, Bombardier, Alstom, and Siemens, as well as Chinese urban rail metro customers.

KTK Group Co (SHSE:603680) Headlines

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