Shenzhen Batian Ecotypic Engineering Co (SZSE:002170) Days Payable : 93.75 (As of Mar. 2024)

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What is Shenzhen Batian Ecotypic Engineering Co Days Payable?

Shenzhen Batian Ecotypic Engineering Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥496 Mil. Shenzhen Batian Ecotypic Engineering Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥483 Mil. Hence, Shenzhen Batian Ecotypic Engineering Co's Days Payable for the three months ended in Mar. 2024 was 93.75.

The historical rank and industry rank for Shenzhen Batian Ecotypic Engineering Co's Days Payable or its related term are showing as below:

SZSE:002170' s Days Payable Range Over the Past 10 Years
Min: 37.27 Med: 80.34 Max: 162.95
Current: 76.42

During the past 13 years, Shenzhen Batian Ecotypic Engineering Co's highest Days Payable was 162.95. The lowest was 37.27. And the median was 80.34.

SZSE:002170's Days Payable is ranked better than
50.21% of 235 companies
in the Agriculture industry
Industry Median: 75.32 vs SZSE:002170: 76.42

Shenzhen Batian Ecotypic Engineering Co's Days Payable increased from Mar. 2023 (70.41) to Mar. 2024 (93.75). It may suggest that Shenzhen Batian Ecotypic Engineering Co delayed paying its suppliers.

Shenzhen Batian Ecotypic Engineering Co Days Payable Historical Data

The historical data trend for Shenzhen Batian Ecotypic Engineering 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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Shenzhen Batian Ecotypic Engineering Co Days Payable Chart

Shenzhen Batian Ecotypic Engineering Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

105.47

162.95

115.80

79.33

69.67

Shenzhen Batian Ecotypic Engineering 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															70.41	82.34	55.36	81.54	93.75

Competitive Comparison of Shenzhen Batian Ecotypic Engineering Co's Days Payable

For the Agricultural Inputs subindustry, Shenzhen Batian Ecotypic Engineering 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.

Shenzhen Batian Ecotypic Engineering Co's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Shenzhen Batian Ecotypic Engineering Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen Batian Ecotypic Engineering Co's Days Payable falls into.

Shenzhen Batian Ecotypic Engineering 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.

Shenzhen Batian Ecotypic Engineering 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
=	( (496.042	+	457.683)	/	2 )	/	2498.435	*	365
=	476.8625					/	2498.435	*	365
=	69.67

Shenzhen Batian Ecotypic Engineering 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
=	( (457.683	+	535.111)	/	2 )	/	483.14	*	365 / 4
=	496.397					/	483.14	*	365 / 4
=	93.75

Shenzhen Batian Ecotypic Engineering Co Days Payable Related Terms

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Shenzhen Batian Ecotypic Engineering Co (SZSE:002170) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Shenzhen Batian Ecotypic Engineering Co Ltd (SZSE:002170) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Keyuan Road, Building 4, 6F, Nanshan Technology Park, Shenzhen, Guangdong, CHN, 518057

Website

http://www.batian.com.cn

Shenzhen Batian Ecotypic Engineering Co Ltd operates in the compound fertilizer industry. The company is mainly engaged in the production of green ecological compound fertilizer. Its main product consists of compound fertilizers, minerals water soluble fertilizers, and organic fertilizer products.

Executives

Wang Ke	Independent director
Huang Pei Zhao	Director
Yao Jun Xiong	Supervisors
Zhang Zhi Xin	Executives
Zhang Wan Hai	Executives
Lin Wei Sheng	Director
Zhang Zhong Cheng	Securities Affairs Representative
Li Su Liang	Class executives
Yang Yong Fan	Director
Cai Ru Cun	Executives
Wu Yi Hui	Executives
Huang Lin Hua	Executives
Huang Min Tong	Director
Zhong Hui Min	Supervisors

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