AVIC Jonhon Optronic Technology Co (SZSE:002179) Days Payable : 305.84 (As of Mar. 2024)

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What is AVIC Jonhon Optronic Technology Co Days Payable?

AVIC Jonhon Optronic Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥8,669 Mil. AVIC Jonhon Optronic Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,586 Mil. Hence, AVIC Jonhon Optronic Technology Co's Days Payable for the three months ended in Mar. 2024 was 305.84.

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

SZSE:002179' s Days Payable Range Over the Past 10 Years
Min: 178.16 Med: 232.08 Max: 287.83
Current: 254.62

During the past 13 years, AVIC Jonhon Optronic Technology Co's highest Days Payable was 287.83. The lowest was 178.16. And the median was 232.08.

SZSE:002179's Days Payable is ranked better than
94.3% of 2421 companies
in the Hardware industry
Industry Median: 67.83 vs SZSE:002179: 254.62

AVIC Jonhon Optronic Technology Co's Days Payable increased from Mar. 2023 (216.94) to Mar. 2024 (305.84). It may suggest that AVIC Jonhon Optronic Technology Co delayed paying its suppliers.

AVIC Jonhon Optronic Technology Co Days Payable Historical Data

The historical data trend for AVIC Jonhon Optronic 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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AVIC Jonhon Optronic Technology Co Days Payable Chart

AVIC Jonhon Optronic Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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241.92

275.64

287.83

270.97

238.12

AVIC Jonhon Optronic 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															216.94	205.69	269.27	253.53	305.84

Competitive Comparison of AVIC Jonhon Optronic Technology Co's Days Payable

For the Electronic Components subindustry, AVIC Jonhon Optronic 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.

AVIC Jonhon Optronic Technology Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AVIC Jonhon Optronic Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where AVIC Jonhon Optronic Technology Co's Days Payable falls into.

AVIC Jonhon Optronic 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.

AVIC Jonhon Optronic 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
=	( (7657.348	+	8593.978)	/	2 )	/	12455.558	*	365
=	8125.663					/	12455.558	*	365
=	238.12

AVIC Jonhon Optronic 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
=	( (8593.978	+	8743.484)	/	2 )	/	2586.431	*	365 / 4
=	8668.731					/	2586.431	*	365 / 4
=	305.84

AVIC Jonhon Optronic Technology Co Days Payable Related Terms

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AVIC Jonhon Optronic Technology Co (SZSE:002179) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AVIC Jonhon Optronic Technology Co Ltd (SZSE:002179) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No.10 Zhoushan Road, Luoyang, CHN, 471003

Website

http://www.jonhon.cn

AVIC Jonhon Optronic Technology Co Ltd is specialized in research and development of optical, electrical, fluid technology and equipment. The company products are used in aviation, aerospace and military field, communication and data center field, railway transportation field, new energy vehicle field, power equipment, petroleum equipment, medical equipment, and other civil high-end manufacturing fields. It also exports to European countries, the United States, Israel, Australia, Korea, India and so on.

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