Yunnan Lincang Xinyuan Germanium Industry Co (SZSE:002428) Days Payable : 122.69 (As of Mar. 2024)

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What is Yunnan Lincang Xinyuan Germanium Industry Co Days Payable?

Yunnan Lincang Xinyuan Germanium Industry Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥150.7 Mil. Yunnan Lincang Xinyuan Germanium Industry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥112.1 Mil. Hence, Yunnan Lincang Xinyuan Germanium Industry Co's Days Payable for the three months ended in Mar. 2024 was 122.69.

The historical rank and industry rank for Yunnan Lincang Xinyuan Germanium Industry Co's Days Payable or its related term are showing as below:

SZSE:002428' s Days Payable Range Over the Past 10 Years
Min: 41.4 Med: 62.26 Max: 136.49
Current: 77.66

During the past 13 years, Yunnan Lincang Xinyuan Germanium Industry Co's highest Days Payable was 136.49. The lowest was 41.40. And the median was 62.26.

SZSE:002428's Days Payable is ranked worse than
60.86% of 1068 companies
in the Metals & Mining industry
Industry Median: 136.005 vs SZSE:002428: 77.66

Yunnan Lincang Xinyuan Germanium Industry Co's Days Payable increased from Mar. 2023 (50.07) to Mar. 2024 (122.69). It may suggest that Yunnan Lincang Xinyuan Germanium Industry Co delayed paying its suppliers.

Yunnan Lincang Xinyuan Germanium Industry Co Days Payable Historical Data

The historical data trend for Yunnan Lincang Xinyuan Germanium Industry 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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Yunnan Lincang Xinyuan Germanium Industry Co Days Payable Chart

Yunnan Lincang Xinyuan Germanium Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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58.51

41.40

61.86

51.36

69.17

Yunnan Lincang Xinyuan Germanium Industry 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															50.07	67.09	52.27	76.93	122.69

Competitive Comparison of Yunnan Lincang Xinyuan Germanium Industry Co's Days Payable

For the Other Industrial Metals & Mining subindustry, Yunnan Lincang Xinyuan Germanium Industry 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.

Yunnan Lincang Xinyuan Germanium Industry Co's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Yunnan Lincang Xinyuan Germanium Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Yunnan Lincang Xinyuan Germanium Industry Co's Days Payable falls into.

Yunnan Lincang Xinyuan Germanium Industry 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.

Yunnan Lincang Xinyuan Germanium Industry 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
=	( (56.235	+	150.314)	/	2 )	/	544.978	*	365
=	103.2745					/	544.978	*	365
=	69.17

Yunnan Lincang Xinyuan Germanium Industry 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
=	( (150.314	+	151.169)	/	2 )	/	112.116	*	365 / 4
=	150.7415					/	112.116	*	365 / 4
=	122.69

Yunnan Lincang Xinyuan Germanium Industry Co Days Payable Related Terms

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Yunnan Lincang Xinyuan Germanium Industry Co (SZSE:002428) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Yunnan Lincang Xinyuan Germanium Industry Co Ltd (SZSE:002428) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

6/F., Tower A, c, Central Renmin Road, Kunming, CHN

Website

http://www.sino-ge.com

Yunnan Lincang Xinyuan Germanium Industrial Co Ltd mines, researches, develops, manufactures, and supplies germanium products. It offers germanium dioxide, zone-refined germanium ingots, infrared germanium monocrystalline, infrared optics germanium lens, photovoltaic germanium tetrachloride, and gallium arsenide single crystal wafers.

Executives

Bao Wen Dong	Directors, executives
Zhang Jie	Directors, executives
Hu De Cai	Directors, executives
Wu Hong Ping	Directors, executives
Li Hong Bin	Directors, executives
Mi Jia Rong	Executives
Jin Hong Guo	Directors, executives
Cheng Hui Ming	Director
Qu Guo Hui	Director

Yunnan Lincang Xinyuan Germanium Industry Co (SZSE:002428) Headlines

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