Zhejiang Southeast Space Frame Co (SZSE:002135) Days Payable : 192.70 (As of Mar. 2024)

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What is Zhejiang Southeast Space Frame Co Days Payable?

Zhejiang Southeast Space Frame Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥5,863 Mil. Zhejiang Southeast Space Frame Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,776 Mil. Hence, Zhejiang Southeast Space Frame Co's Days Payable for the three months ended in Mar. 2024 was 192.70.

The historical rank and industry rank for Zhejiang Southeast Space Frame Co's Days Payable or its related term are showing as below:

SZSE:002135' s Days Payable Range Over the Past 10 Years
Min: 177.47 Med: 214.86 Max: 264.14
Current: 212.97

During the past 13 years, Zhejiang Southeast Space Frame Co's highest Days Payable was 264.14. The lowest was 177.47. And the median was 214.86.

SZSE:002135's Days Payable is ranked better than
83.61% of 1599 companies
in the Construction industry
Industry Median: 75.97 vs SZSE:002135: 212.97

Zhejiang Southeast Space Frame Co's Days Payable declined from Mar. 2023 (224.43) to Mar. 2024 (192.70). It may suggest that Zhejiang Southeast Space Frame Co accelerated paying its suppliers.

Zhejiang Southeast Space Frame Co Days Payable Historical Data

The historical data trend for Zhejiang Southeast Space Frame 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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Zhejiang Southeast Space Frame Co Days Payable Chart

Zhejiang Southeast Space Frame Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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191.15

216.20

215.99

228.51

205.29

Zhejiang Southeast Space Frame 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															224.43	224.78	230.43	213.26	192.70

Competitive Comparison of Zhejiang Southeast Space Frame Co's Days Payable

For the Engineering & Construction subindustry, Zhejiang Southeast Space Frame 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.

Zhejiang Southeast Space Frame Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhejiang Southeast Space Frame Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Southeast Space Frame Co's Days Payable falls into.

Zhejiang Southeast Space Frame 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.

Zhejiang Southeast Space Frame 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
=	( (6944.915	+	6023.688)	/	2 )	/	11528.647	*	365
=	6484.3015					/	11528.647	*	365
=	205.29

Zhejiang Southeast Space Frame 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
=	( (6023.688	+	5702.41)	/	2 )	/	2776.414	*	365 / 4
=	5863.049					/	2776.414	*	365 / 4
=	192.70

Zhejiang Southeast Space Frame Co Days Payable Related Terms

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Zhejiang Southeast Space Frame Co (SZSE:002135) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhejiang Southeast Space Frame Co Ltd (SZSE:002135) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yaqian County, Xiaoshan District, Hangzhou, Zhejiang, CHN, 311209

Website

http://www.dongnanwangjia.com

Zhejiang Southeast Space Frame Co Ltd is engaged in the design, manufacturing, and installation of large-sized steel structures in China. It has a product range covers large span space truss structure, space frame structure, multilayer, high rise and super high-rise heavy steel structure, lightweight steel structure, metal roof system, steel structure residence and with production base in Guangdong, Sichuan, Zhejiang, and Tianjin.

Executives

Fang Jian Kun	Executives
Guo Ming Ming	Director
Zhou Su Ying	Supervisors

Zhejiang Southeast Space Frame Co (SZSE:002135) Headlines

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