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Skyworth Digital Co (SZSE:000810) Days Payable : 136.99 (As of Mar. 2024)


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What is Skyworth Digital Co Days Payable?

Skyworth Digital Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥2,923 Mil. Skyworth Digital Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,947 Mil. Hence, Skyworth Digital Co's Days Payable for the three months ended in Mar. 2024 was 136.99.

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

SZSE:000810' s Days Payable Range Over the Past 10 Years
Min: 116.88   Med: 156.02   Max: 177.53
Current: 116.88

During the past 13 years, Skyworth Digital Co's highest Days Payable was 177.53. The lowest was 116.88. And the median was 156.02.

SZSE:000810's Days Payable is ranked better than
76.76% of 2418 companies
in the Hardware industry
Industry Median: 67.94 vs SZSE:000810: 116.88

Skyworth Digital Co's Days Payable declined from Mar. 2023 (137.64) to Mar. 2024 (136.99). It may suggest that Skyworth Digital Co accelerated paying its suppliers.


Skyworth Digital Co Days Payable Historical Data

The historical data trend for Skyworth Digital 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.

Skyworth Digital Co Days Payable Chart

Skyworth Digital 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 177.53 164.65 130.10 120.94 131.05

Skyworth Digital 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 137.64 106.70 123.83 110.71 136.99

Competitive Comparison of Skyworth Digital Co's Days Payable

For the Communication Equipment subindustry, Skyworth Digital 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.


Skyworth Digital Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Skyworth Digital Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Skyworth Digital Co's Days Payable falls into.



Skyworth Digital 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.

Skyworth Digital 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
=( (3092.782 + 3260.582) / 2 ) / 8847.697*365
=3176.682 / 8847.697*365
=131.05

Skyworth Digital 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
=( (3260.582 + 2585.481) / 2 ) / 1947.111*365 / 4
=2923.0315 / 1947.111*365 / 4
=136.99

* 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.


Skyworth Digital Co Days Payable Related Terms

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Skyworth Digital Co (SZSE:000810) Business Description

Traded in Other Exchanges
N/A
Address
Gaoxin Avenue 1.S, Unit A, 13th Floor, Skyworth Mansion, Nanshan District, Shenzhen, CHN, 518057
Skyworth Digital Co Ltd is engaged in providing digital TV products and services. It offers Digital TV set-top boxes, digital televisions, smart networking devices, IPTV solutions, network access devices, car electronics, and car networking equipment. Geographically, the business presence of the group can be seen in India, Africa, South East Asia as well as Europe and the Americas.
Executives
Chang Bao Cheng Executives
Xue Liang Executives
Zhang Zhi Directors, Directors, and Executives
He Xuan Executives
Wang Yin Executives
Liu Tang Zhi Director
Song Yong Li Executives
Liang Jing Securities Affairs Representative
Ying Yi Ming Director
Yao Kai Supervisors
Lai Wei De Director
Zhang Ren Quan Supervisors
Shi Chi Directors, executives
Guo Li Min Supervisors
Yang Xiu Min Executives

Skyworth Digital Co (SZSE:000810) Headlines

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