Guangzhou Kingteller Technology Co (SZSE:002177) Days Payable : 98.89 (As of Mar. 2024)

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What is Guangzhou Kingteller Technology Co Days Payable?

Guangzhou Kingteller Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥8.20 Mil. Guangzhou Kingteller Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥7.56 Mil. Hence, Guangzhou Kingteller Technology Co's Days Payable for the three months ended in Mar. 2024 was 98.89.

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

SZSE:002177' s Days Payable Range Over the Past 10 Years
Min: 53.3 Med: 106.96 Max: 228.04
Current: 113.84

During the past 13 years, Guangzhou Kingteller Technology Co's highest Days Payable was 228.04. The lowest was 53.30. And the median was 106.96.

SZSE:002177's Days Payable is ranked better than
67.87% of 2935 companies
in the Industrial Products industry
Industry Median: 76.43 vs SZSE:002177: 113.84

Guangzhou Kingteller Technology Co's Days Payable declined from Mar. 2023 (189.36) to Mar. 2024 (98.89). It may suggest that Guangzhou Kingteller Technology Co accelerated paying its suppliers.

Guangzhou Kingteller Technology Co Days Payable Historical Data

The historical data trend for Guangzhou Kingteller 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.

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Guangzhou Kingteller Technology Co Days Payable Chart

Guangzhou Kingteller Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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91.12

109.46

207.43

228.04

185.83

Guangzhou Kingteller 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															189.36	129.53	152.04	114.94	98.89

Competitive Comparison of Guangzhou Kingteller Technology Co's Days Payable

For the Business Equipment & Supplies subindustry, Guangzhou Kingteller 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.

Guangzhou Kingteller Technology Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangzhou Kingteller Technology Co's Days Payable distribution charts can be found below:

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

Guangzhou Kingteller 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.

Guangzhou Kingteller 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
=	( (19.189	+	11.871)	/	2 )	/	30.504	*	365
=	15.53					/	30.504	*	365
=	185.83

Guangzhou Kingteller 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
=	( (11.871	+	4.523)	/	2 )	/	7.564	*	365 / 4
=	8.197					/	7.564	*	365 / 4
=	98.89

Guangzhou Kingteller Technology Co Days Payable Related Terms

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Guangzhou Kingteller Technology Co (SZSE:002177) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangzhou Kingteller Technology Co Ltd (SZSE:002177) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 12, Ruifa Road, Luogang, Guangzhou, CHN

Website

http://www.kingteller.com.cn

Guangzhou Kingteller Technology Co Ltd is an automated teller machine manufacturer in China. The company specializes in financial self-service terminals and integrated solutions for the retail banking industry. Its products offering include banknote sorters, lobby, cash dispensers, cash recycler system and pan financial equipment.

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