ZYF Lopsking Material Technology Co (SZSE:002333) Days Payable : 127.80 (As of Mar. 2024)

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What is ZYF Lopsking Material Technology Co Days Payable?

ZYF Lopsking Material Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥395 Mil. ZYF Lopsking Material Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥282 Mil. Hence, ZYF Lopsking Material Technology Co's Days Payable for the three months ended in Mar. 2024 was 127.80.

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

SZSE:002333' s Days Payable Range Over the Past 10 Years
Min: 8.96 Med: 15.98 Max: 98.5
Current: 98.5

During the past 13 years, ZYF Lopsking Material Technology Co's highest Days Payable was 98.50. The lowest was 8.96. And the median was 15.98.

SZSE:002333's Days Payable is ranked worse than
56.03% of 1069 companies
in the Metals & Mining industry
Industry Median: 136.25 vs SZSE:002333: 98.50

ZYF Lopsking Material Technology Co's Days Payable increased from Mar. 2023 (91.07) to Mar. 2024 (127.80). It may suggest that ZYF Lopsking Material Technology Co delayed paying its suppliers.

ZYF Lopsking Material Technology Co Days Payable Historical Data

The historical data trend for ZYF Lopsking Material 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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ZYF Lopsking Material Technology Co Days Payable Chart

ZYF Lopsking Material Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

12.08

52.83

64.06

85.57

92.20

ZYF Lopsking Material 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															91.07	107.49	83.93	84.54	127.80

Competitive Comparison of ZYF Lopsking Material Technology Co's Days Payable

For the Aluminum subindustry, ZYF Lopsking Material 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.

ZYF Lopsking Material Technology Co's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, ZYF Lopsking Material Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where ZYF Lopsking Material Technology Co's Days Payable falls into.

ZYF Lopsking Material 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.

ZYF Lopsking Material 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
=	( (335.72	+	377.605)	/	2 )	/	1411.908	*	365
=	356.6625					/	1411.908	*	365
=	92.20

ZYF Lopsking Material 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
=	( (377.605	+	412.794)	/	2 )	/	282.177	*	365 / 4
=	395.1995					/	282.177	*	365 / 4
=	127.80

ZYF Lopsking Material Technology Co Days Payable Related Terms

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ZYF Lopsking Material Technology Co (SZSE:002333) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » ZYF Lopsking Material Technology Co Ltd (SZSE:002333) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 2777 Taidong Road, Panyang Industrial Park, Huangdai Town, Xiangcheng District, Jiangsu Province, Suzhou, CHN, 215143

Website

http://www.lpsk.com.cn

ZYF Lopsking Material Technology Co Ltd is engaged in the research and development, production and sales of aluminum alloy cast rods, aluminum alloy extruded profiles including architectural aluminum profiles, industrial aluminum profiles and their processed products.

Executives

Yang Long Mei

Supervisors

ZYF Lopsking Material Technology Co (SZSE:002333) Headlines

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