Transfar Zhilian Co (SZSE:002010) Days Payable : 31.94 (As of Mar. 2024)

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What is Transfar Zhilian Co Days Payable?

Transfar Zhilian Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,946 Mil. Transfar Zhilian Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥5,558 Mil. Hence, Transfar Zhilian Co's Days Payable for the three months ended in Mar. 2024 was 31.94.

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

SZSE:002010' s Days Payable Range Over the Past 10 Years
Min: 22.04 Med: 40.58 Max: 62.81
Current: 24.64

During the past 13 years, Transfar Zhilian Co's highest Days Payable was 62.81. The lowest was 22.04. And the median was 40.58.

SZSE:002010's Days Payable is ranked worse than
86.08% of 1501 companies
in the Chemicals industry
Industry Median: 60.59 vs SZSE:002010: 24.64

Transfar Zhilian Co's Days Payable increased from Mar. 2023 (23.55) to Mar. 2024 (31.94). It may suggest that Transfar Zhilian Co delayed paying its suppliers.

Transfar Zhilian Co Days Payable Historical Data

The historical data trend for Transfar Zhilian 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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Transfar Zhilian Co Days Payable Chart

Transfar Zhilian Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

40.90

28.89

22.04

23.98

24.64

Transfar Zhilian 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															23.55	20.96	22.35	26.36	31.94

Competitive Comparison of Transfar Zhilian Co's Days Payable

For the Specialty Chemicals subindustry, Transfar Zhilian 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.

Transfar Zhilian Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Transfar Zhilian Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Transfar Zhilian Co's Days Payable falls into.

Transfar Zhilian 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.

Transfar Zhilian 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
=	( (2065.746	+	1989.793)	/	2 )	/	30033.772	*	365
=	2027.7695					/	30033.772	*	365
=	24.64

Transfar Zhilian 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
=	( (1989.793	+	1901.297)	/	2 )	/	5557.51	*	365 / 4
=	1945.545					/	5557.51	*	365 / 4
=	31.94

Transfar Zhilian Co Days Payable Related Terms

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Transfar Zhilian Co (SZSE:002010) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Transfar Zhilian Co Ltd (SZSE:002010) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xiaoshan Economic and Technology Development Zone, Zhejiang Province, Hangzhou, CHN, 311215

Website

http://www.transfarchem.com

Transfar Zhilian Co Ltd is engaged in the production and sale of specialty chemicals used in textile printing and dyeing, leather, building materials and water treatment.

Executives

Wu Jian Hua	Director
Yao Wei	Executives
Chen Jian	Directors, executives
Chen Jie	Supervisors
Zhou Jia Hai	Directors, executives
Zhu Jiang Ying	Directors, Directors, and Executives
Yang Bai Zhang	Supervisors
Xu Hu Xiang	Directors, executives
Ying Tian Gen	Director
Lai Yue Min	Executives

Transfar Zhilian Co (SZSE:002010) Headlines

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