Shentong Technology Group Co (SHSE:605228) Days Payable : 244.70 (As of Mar. 2024)

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What is Shentong Technology Group Co Days Payable?

Shentong Technology Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥646 Mil. Shentong Technology Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥241 Mil. Hence, Shentong Technology Group Co's Days Payable for the three months ended in Mar. 2024 was 244.70.

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

SHSE:605228' s Days Payable Range Over the Past 10 Years
Min: 156.85 Med: 190.02 Max: 210.15
Current: 156.85

During the past 8 years, Shentong Technology Group Co's highest Days Payable was 210.15. The lowest was 156.85. And the median was 190.02.

SHSE:605228's Days Payable is ranked better than
86.45% of 1262 companies
in the Vehicles & Parts industry
Industry Median: 66.79 vs SHSE:605228: 156.85

Shentong Technology Group Co's Days Payable increased from Mar. 2023 (193.08) to Mar. 2024 (244.70). It may suggest that Shentong Technology Group Co delayed paying its suppliers.

Shentong Technology Group Co Days Payable Historical Data

The historical data trend for Shentong Technology 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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Shentong Technology Group Co Days Payable Chart

Shentong Technology Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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188.90

186.65

191.14

173.46

173.79

Shentong Technology 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															193.08	139.26	159.76	125.51	244.70

Competitive Comparison of Shentong Technology Group Co's Days Payable

For the Auto Parts subindustry, Shentong Technology 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.

Shentong Technology Group Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shentong Technology Group Co's Days Payable distribution charts can be found below:

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

Shentong Technology 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.

Shentong Technology 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
=	( (567.232	+	689.757)	/	2 )	/	1319.968	*	365
=	628.4945					/	1319.968	*	365
=	173.79

Shentong Technology 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
=	( (689.757	+	601.894)	/	2 )	/	240.833	*	365 / 4
=	645.8255					/	240.833	*	365 / 4
=	244.70

Shentong Technology Group Co Days Payable Related Terms

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Shentong Technology Group Co (SHSE:605228) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shentong Technology Group Co Ltd (SHSE:605228) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 788, Tanjialing West Road, Lanjiang Street, Zhejiang Province, Yuyao, CHN, 315400

Website

http://www.shentong-china.com

Shentong Technology Group Co Ltd is engaged in the research and development, production and sales of automotive non-metallic parts and molds. The main products include automotive powertrain parts, interior and exterior trim parts and molds.

Executives

Wu Chao	senior management
Zhu Chun Ya	Directors, senior managers
Zhou Bao Cong	Director
Wang Huan	Director

Shentong Technology Group Co (SHSE:605228) Headlines

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