Hunan Valin Wire & Cable Co (SZSE:001208) Days Payable : 117.35 (As of Mar. 2024)

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What is Hunan Valin Wire & Cable Co Days Payable?

Hunan Valin Wire & Cable Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,017 Mil. Hunan Valin Wire & Cable Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥791 Mil. Hence, Hunan Valin Wire & Cable Co's Days Payable for the three months ended in Mar. 2024 was 117.35.

The historical rank and industry rank for Hunan Valin Wire & Cable Co's Days Payable or its related term are showing as below:

SZSE:001208' s Days Payable Range Over the Past 10 Years
Min: 23.43 Med: 33.71 Max: 107.82
Current: 107.82

During the past 7 years, Hunan Valin Wire & Cable Co's highest Days Payable was 107.82. The lowest was 23.43. And the median was 33.71.

SZSE:001208's Days Payable is ranked better than
65.89% of 2935 companies
in the Industrial Products industry
Industry Median: 76.43 vs SZSE:001208: 107.82

Hunan Valin Wire & Cable Co's Days Payable increased from Mar. 2023 (78.84) to Mar. 2024 (117.35). It may suggest that Hunan Valin Wire & Cable Co delayed paying its suppliers.

Hunan Valin Wire & Cable Co Days Payable Historical Data

The historical data trend for Hunan Valin Wire & Cable 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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Hunan Valin Wire & Cable Co Days Payable Chart

Hunan Valin Wire & Cable Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

29.84

37.09

33.71

56.24

89.62

Hunan Valin Wire & Cable Co Quarterly Data
	Dec18	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															78.84	95.19	110.78	110.40	117.35

Competitive Comparison of Hunan Valin Wire & Cable Co's Days Payable

For the Electrical Equipment & Parts subindustry, Hunan Valin Wire & Cable 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.

Hunan Valin Wire & Cable Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hunan Valin Wire & Cable Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hunan Valin Wire & Cable Co's Days Payable falls into.

Hunan Valin Wire & Cable 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.

Hunan Valin Wire & Cable 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
=	( (562.925	+	923.632)	/	2 )	/	3027.266	*	365
=	743.2785					/	3027.266	*	365
=	89.62

Hunan Valin Wire & Cable 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
=	( (923.632	+	1110.246)	/	2 )	/	790.773	*	365 / 4
=	1016.939					/	790.773	*	365 / 4
=	117.35

Hunan Valin Wire & Cable Co Days Payable Related Terms

Thank you for viewing the detailed overview of Hunan Valin Wire & Cable Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Hunan Valin Wire & Cable Co (SZSE:001208) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hunan Valin Wire & Cable Co Ltd (SZSE:001208) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 1, Jianshe South Road, High-tech Zone, Xiangtan, CHN, 411104

Website

https://www.hlxl.com

Hunan Valin Cable Co Ltd is a special special cable manufacturers, and its products are widely used in aerospace, weaponry, rail transit and high-speed locomotives, mining, new energy, engineering equipment, data communications and other fields.

Hunan Valin Wire & Cable Co (SZSE:001208) Headlines

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