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YONFER Agricultural Technology Co (SZSE:000902) Days Payable : 72.08 (As of Mar. 2024)


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What is YONFER Agricultural Technology Co Days Payable?

YONFER Agricultural Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥2,161 Mil. YONFER Agricultural Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,735 Mil. Hence, YONFER Agricultural Technology Co's Days Payable for the three months ended in Mar. 2024 was 72.08.

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

SZSE:000902' s Days Payable Range Over the Past 10 Years
Min: 25.7   Med: 44.38   Max: 66.16
Current: 65.73

During the past 13 years, YONFER Agricultural Technology Co's highest Days Payable was 66.16. The lowest was 25.70. And the median was 44.38.

SZSE:000902's Days Payable is ranked worse than
58.12% of 234 companies
in the Agriculture industry
Industry Median: 78.955 vs SZSE:000902: 65.73

YONFER Agricultural Technology Co's Days Payable increased from Mar. 2023 (59.30) to Mar. 2024 (72.08). It may suggest that YONFER Agricultural Technology Co delayed paying its suppliers.


YONFER Agricultural Technology Co Days Payable Historical Data

The historical data trend for YONFER Agricultural 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.

* Premium members only.

YONFER Agricultural Technology Co Days Payable Chart

YONFER Agricultural Technology 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 44.26 44.50 49.52 52.58 66.16

YONFER Agricultural 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 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 59.30 64.91 55.05 69.37 72.08

Competitive Comparison of YONFER Agricultural Technology Co's Days Payable

For the Agricultural Inputs subindustry, YONFER Agricultural 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.


YONFER Agricultural Technology Co's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, YONFER Agricultural Technology Co's Days Payable distribution charts can be found below:

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



YONFER Agricultural 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.

YONFER Agricultural 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
=( (2446.757 + 2211.909) / 2 ) / 12851.495*365
=2329.333 / 12851.495*365
=66.16

YONFER Agricultural 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
=( (2211.909 + 2109.412) / 2 ) / 2735.347*365 / 4
=2160.6605 / 2735.347*365 / 4
=72.08

* 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.


YONFER Agricultural Technology Co Days Payable Related Terms

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YONFER Agricultural Technology Co (SZSE:000902) Business Description

Traded in Other Exchanges
N/A
Address
No. 7 North Yuelianghu Road, Hubei Province, Jingmen, CHN, 448000
YONFER Agricultural Technology Co Ltd is engaged in the research, development, production, and sales of high-concentration phosphate compound fertilizers and new fertilizers, as well as modern agriculture-related technologies, equipment, and products. It offers ammonium phosphate, phosphate fertilizer, compound fertilizer, organic-inorganic compound fertilizer, bio-organic fertilizer, microbial fertilizer, sulfuric acid, and others.

YONFER Agricultural Technology Co (SZSE:000902) Headlines

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