GCL System Integration Technology Co (SZSE:002506) Days Payable : 236.31 (As of Mar. 2024)

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What is GCL System Integration Technology Co Days Payable?

GCL System Integration Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥6,860 Mil. GCL System Integration Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,649 Mil. Hence, GCL System Integration Technology Co's Days Payable for the three months ended in Mar. 2024 was 236.31.

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

SZSE:002506' s Days Payable Range Over the Past 10 Years
Min: 117.82 Med: 215.14 Max: 244.95
Current: 117.82

During the past 13 years, GCL System Integration Technology Co's highest Days Payable was 244.95. The lowest was 117.82. And the median was 215.14.

SZSE:002506's Days Payable is ranked better than
80.83% of 965 companies
in the Semiconductors industry
Industry Median: 51.74 vs SZSE:002506: 117.82

GCL System Integration Technology Co's Days Payable increased from Mar. 2023 (217.34) to Mar. 2024 (236.31). It may suggest that GCL System Integration Technology Co delayed paying its suppliers.

GCL System Integration Technology Co Days Payable Historical Data

The historical data trend for GCL System Integration 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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GCL System Integration Technology Co Days Payable Chart

GCL System Integration Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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212.92

220.70

220.99

131.09

121.05

GCL System Integration 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															217.34	83.92	108.68	87.47	236.31

Competitive Comparison of GCL System Integration Technology Co's Days Payable

For the Solar subindustry, GCL System Integration 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.

GCL System Integration Technology Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, GCL System Integration Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where GCL System Integration Technology Co's Days Payable falls into.

GCL System Integration 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.

GCL System Integration 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
=	( (3243.202	+	6385.569)	/	2 )	/	14516.796	*	365
=	4814.3855					/	14516.796	*	365
=	121.05

GCL System Integration 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
=	( (6385.569	+	7335.019)	/	2 )	/	2649.079	*	365 / 4
=	6860.294					/	2649.079	*	365 / 4
=	236.31

GCL System Integration Technology Co Days Payable Related Terms

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GCL System Integration Technology Co (SZSE:002506) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GCL System Integration Technology Co Ltd (SZSE:002506) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Industrial Park Xinqing Road on the 28th, Jiangsu Province, Suzhou, CHN

Website

http://www.gclsi.com

GCL System Integration Technology Co Ltd is an energy conglomerate specializing in clean and sustainable power production. The company offers a wide range of products for a variety of application environments, including modules of standard 60/72-piece, dual-glass, high-efficiency polysilicon PERC, and half-cell. It has a business footprint across 31 provinces, municipalities and autonomous regions of mainland China, Hong Kong, Taiwan, as well as Africa, North America, Southeast Asia and Europe.

GCL System Integration Technology Co (SZSE:002506) Headlines

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